Uranium Stocks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Uranium Stocks

URNM 58.60

-2.5%

Dec 5 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TheSlowLane who wrote (9580)	3/28/2007 10:27:04 AM
From: AuBug	Read Replies (1) of 30198

I was pondering uranium hording some more and it occurred to me, yes I know I'm slow, that if I was an executive that actually mines uranium and I was staring at the vertical chart of yellowcake prices I would be stockpiling it waiting for higher prices. You cannot get that kind of return on your cash even from a tanker stock. Maybe there's a few of them doing it now. Then one day they all decide they better make hay while the sun shines and sell at the same time. The bubble bursts and in poetic justice the hedge funds that horde uranium get their heads handed to them. It wouldn't hurt the mining companies much since it's almost all profit any way. At some point Catastrophe Theory will prevail sending many back to the lotto window. No matter, companies with good grades of pounds in the ground will still prosper and be very lucrative. exploratorium.edu

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next