Uranium stocks were sorely beaten up before the broad market crash. It looks like the selling was overdone as we saw some major bounces in uranium companies over the Christmas holidays. The chart below (courtesy of Resource World) lists some of the larger un-mined uranium deposits in the world. The price per pound in the ground on these deposits ranges from the $0.10 to $10 range. Clearly not all uranium deposits are valued equally.
I'd like to revisit my pre-Christmas post Why Buy Stocks?
I've summarized your comments.
I am sure that uranium stocks were the last things on people's minds while reading the article (mine included). However, the benefit of hindsight, I'm pretty sure the people who bought uranium stocks last week are in favor of their buying decisions. As an example, Denison Mines closed on Christmas Eve at $0.82 and closed last Friday at $2.10. I've written about uranium companies in my blog, but I usually don't get into too much detail. I try to save that for my email list and newsletter subscribers.
It is challenging to find quality companies as there are literally hundreds of uranium companies around. In a tough market, it pays to be picky. In my latest report, I've created a portfolio of 7 uranium companies that I believe will survive the market downturn and thrive in the coming years.
In addition, I've uncovered a company run buy some of Canada's Stock Market Superstars. The company is trading below book value (which is mostly cash at the moment), yet the group has one of the best long term investing track records in Canada. They've been quiet about their activities due to regulatory requirements but won't be a secret for much longer.
My paying newsletter subscribers were sent this report Sunday night. I'm offering you the same report for only $45 so you can get up to speed on some new opportunities in 2009.
Click here to purchase the report
Join Email List
I may be biased, but I think bio-tech is a better stock investment. After doing some research, I am very excited about Mentor Capital (MNTR). They recently made an acquisition into a bio-tech company that could be beneficial for stock holders in terms of stock value. Full reports were published at http://breastcancerinvesting.com/investor_call.shtml
Posted by: mlgreen8753 | September 30, 2009 at 10:22 PM
Jim, If your Interested I've recently put together 2 sites that may Interest you. They relate to Uranium Investing Charting, & Research articles.
http://australianuraniuminvesting.blogspot.com/
http://australianuraniumquicksearch.blogspot.com/
Hope you find them Interesting.
Cheers from tturaniuminvest
.
Posted by: tturaniuminvest | October 26, 2009 at 05:32 PM