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


To: TheSlowLane who wrote (9149)3/14/2007 11:27:44 AM
From: AuBug  Read Replies (2) | Respond to of 30327
 
Which ones are not? I only know a couple of undervalued ones I'm planning to hold and add to on dips, KAU.v and WUC.v. I'm beginning to sell all the others.



To: TheSlowLane who wrote (9149)3/14/2007 2:07:20 PM
From: russet  Read Replies (2) | Respond to of 30327
 
Tardiff, one of the sprott hedgefund managers said last night on ROBtv (now BNN) that he has sold portions of producers and near producers in favor of the junior U stocks with good exploration potential. His exact words may be a bit different, he may have said he sold all his producers and near producers. Best go to the archives and listen to it first hand.

Economic problems and willies + traditional vancouver market spring selloff + Uranium industry bigwigs saying their market is overvalued I don't think bodes well in the short term.

Based on the PDAC talk given by AXU/FRG I think they stand a good chance of significantly increasing their resource in this years drilling program. Access to tidewater and substantial open pit potential with good grade and tonnage might allow them to weather a downturn in the market.