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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: A Horse With No Name who wrote (20114)1/17/2005 12:54:42 AM
From: jimsioi  Respond to of 108645
 
Mr. Horse...I appreciate your admonishment that I jump right in...

...in to Uranium stocks....why do I get the feeling I'm late to the party??? I've started some fundamental digging around in a couple of these items....UEX sounds great but the thing they seem best at is issuing more stock...Big loss in the last quarter. 115 million shares outstanding and growing...

Denison Mines looks nice to...25 million or more shares outstanding - about a 1/2 lb of Uranium in reserves per share...ain't no GRZ by resource valuation calculation.

Afrakaner, biggest stake uranium play in South Africa kinda of thing...sounds promising, but the shares trade only in the pink sheet so quotes are available but once a day???

CCJ is only selling at 40 times earnings...Earnings which are trailing Uranium's rise due to contract sales at former lower prices...

So, so far there's some chart patterns out there I like better than the earnings and other share information I am reading... but I notice my portfolio is getting increasingly "speculative"...with more and more of the issues I own having symbols that end in "v" and PK...

Thanks for the listing ....I'm working my way through it...