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« Fronteer Development Group Inc. (FRG): Up 7.4% in a day | Main | Rodinia Minerals Inc: Worth watching »
Friday
Aug252006

URANIUM: The Chart

The chart on the right of our website may appear to be insignificant however the progress of the Uranium price is Atomic.

Did you see the subtle change? It ticked up again to $48.0 per pound. Blink and you would have missed it.

There are enough seasoned analysts out there who talk about uranium and write about it. There are also a few highly respected analysts who are recommending uranium stocks but not too many.

Maybe gold and silver grab the headlines along with the plight of the dollar and falling real estate prices. Nuclear energy! We have been there before and nobody wants it! Really? Don’t tell that to the Chinese or the French or the Indians though, because they are busy forward buying the main ingredient of their nuclear energy recipes, which is uranium.

The small number of uranium stocks that we have selected for investment has yet to set the market talking, apart from Fronteer Developments (up about 18% since we recommended it), but the time will come.

In the meantime we are analysing a lot of uranium stocks but finding it difficult to load up with any particular stock other than those investments we have already made. A few stocks are starting to appeal and we will report on them shortly but for now we are sticking to our selected stocks, as we believe they will out perform the rest and return handsome profits to us.

25 August 2006

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