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« CAMECO CORP: Reduce holdings | Main | FRONTEER DEVELOPMENT GROUP: Update »
Friday
Nov172006

Laramide Resources Limited: Up 26%

We first mentioned Laramide when it was trading at $5.78 on the 28 July 2006 it is now trading at $7.32 up $1.54 or 26%.

It is worth re-reading our article just to refresh yourself as to why we bought it or to gain a little background knowledge if you are thinking about investing in LAM.

We are definitely holding on to the stock that we have and will buy more should a dip in price present itself.

A few emails this week have mentioned options trading, all we can say is that it is not for us at the moment, but we never say never. As far as commodities goes we think that the uranium sector is as good as any to put your hard earned money.

Please always check with your financial advisor before taking the plunge and don’t go too mad on any particular uranium stock.


17 November 2006

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