SI
SI
discoversearch

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 -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (10445)4/17/2007 9:01:30 AM
From: tcd  Respond to of 30247
 
To all: looks like a profit taking day today. All of Australia's U stocks down. Now that Dennison announced
listing on AMEX for April 19, this may get some steam.

td



To: energyplay who wrote (10445)4/17/2007 11:06:18 AM
From: JimisJim  Respond to of 30247
 
Thx for the info on EMU... it is very helpful... em



To: energyplay who wrote (10445)4/17/2007 12:20:50 PM
From: energy_investor  Read Replies (1) | Respond to of 30247
 
EnergyPlay,

I have a different take on the situation. EMU's most advanced projects are ISR not conventional mining --the grade doesn't have to be high for ISR to be cost effective.

I can't see anything wrong with EMU's properties and am convinced that it is an excellent addition to any UR portfolio. I have had a return of over 50% with a weighted average duration of my investment in EMU of 101 days. This ROR is equivalent to the stock price quadrupling over a full year! There is nothing wrong with this stock!

I do admit that, by comparison, URZ has been better (I have a ROR of 73% over 98 days weighted average duration of investment). This is equivalent to an annual multiple of 7.6 times !!!

EMU is scheduled to be a producer starting sometime next year, so I would definitely include it in a portfolio of near- term producers. I am guessing that the EMU stock price will start to accelerate as the production date nears.

Cheers

Energy_Investor