My holdings are what I think is a pragmatic approach to the uranium scenario. It is all well & good to look at valuations, of course as we should, but the equation neglects the obvious...that is, there being only a handful of producers, so I think of uranium as being in an embryo stage this moment.
With the recent news of SXR & UUU entering into contractual sales agreements I can only imagine they & their associated juniors are going to do well.
For the record I do own both SXR & UUU as well as DML, FSY, UMN and the smaller exploratory holdings JNN, PXP, PTU, RSC & ULU. The jury is still out on ULU, PTU, & PXP but I managed to buy 'cheap' a few months back. Maybe it is all just luck anyway.
Loach |
