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« Uranium-stocks: Portfolio Update 26 Nov 06 | Main | FRONTEER DEVELOPMENT GROUP: Sell 1/2 »

Crosshair Exploration & Mining Corp: Up 63% in 2 months


The latest addition to our uranium stocks portfolio is performing incredibly well. We started buying on 25th September 2006 at $2.00 and today, just two months later it is trading at $3.27.

A gain of 63% is very pleasing indeed.

The temptation to take a short-term profit here is great and we would not blame you for doing so. However our strategy is to hold as this is a quality stock in this sector.

When we purchase any uranium stock we are looking to double our money in a short time. Crosshair is no different. But we are even more confident now, that it will go further than $4.00 so to sell 50% of our stake in Crosshair when it doubles is not an automatic ‘given’ No Sir! We will re-evaluate the situation as and when it CXX achieves $4.00.

Sleep tight.

26 November 2006

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