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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (3658)10/31/2006 6:34:49 PM
From: xyz1  Read Replies (1) | Respond to of 30211
 
That's why a certain newsletter writer said it is important to spread your uranium companies geographically - so that if some country nationalises its mines, you have others to fall back on. That's another reason he favours MGA - the assets are all over the world.

Of course if there's some worldwide conspiracy to nationalise all uranium mines you're stuffed - but that would be less likely than just one country doing a Venezuela/Bolivia.



To: Tommaso who wrote (3658)10/31/2006 8:59:34 PM
From: TheSlowLane  Respond to of 30211
 
I can certainly foresee a circumstance where speculators are forced to disgorge their uranium, although they will be compensated at the market price, similar to eminent domain.


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