Hello Pezz, Last Night’s Report:
I decided to test the theory that in a bull market, Message 20529732
<<knowledge is a hindrance,
awareness is a waste of time,
diligence is not necessary,
facts will only confuse :0)>>
I want also to feel participative.
I purchased a starter stake in four of Taikun’s nuclear picks Message 20497827 , altogether equaling about four dollops, or 1.3 tranches, about the same size as 75% of my combined exposure of Cameco of Canada and Energy Resources of Australia, making a total of 3 tranches of exposure to uranium:
To recap, I got:
Cameco finance.yahoo.com at Message 20486313
Energy Resources of Australia uk.finance.yahoo.com at Message 20491001
And last night,
Pioneer Metals finance.yahoo.com at CAD 0.38, accounting for a fair weight of the very light trading volume
Denison Mines finance.yahoo.com at CAD 7.55
Strathmore finance.yahoo.com at CAD 1.10-1.13
UEX Corp finance.yahoo.com at CAD 1.85ish
I suspect the rise over the past few days is just the start of the next leg up, but I am also suspicious of the rapidity of the rise ;0)
Should I take a 30% hit on last night’s madness, as punishment for madness, my Canadian Royalties will make up the difference and soothe the psyche with 30 days of drilling, pumping, piping and storing.
My madness only goes so far, so far, until the inevitable correction/consolidation, or until the share prices discount eternity, buy more or sell less, respectively, whichever comes first.
Oh, yes, before I sign off, I whisper, ‘accumulate uranium, you got to be in to be in, the risk is in not being in, the whole world will go nuclear, one pebble reactor per remote village’ :0)
Chugs, Jay |
