Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

Search Uranium Stocks
Uranium Price
Our RSS Feed

Uranium Updates

Enter your email address:

Follow Us on Twitter
« Cameco Corporation Up 3.14% Today | Main | DNN Up 11.55%, CCJ Up 7.46%, KRI Up 35.80%, URE Up 10.83%, URRE Up 31.43%, URZ Up 15.26% »
Wednesday
Nov102010

Strathmore Minerals Corporation: Up 20% Today

STM Chart 11 Nov 2010.JPG


Strathmore Minerals Corporation (STM), like others in this sector has doubled in price since September 2010. Note the heavy volume over the last three days. The indicators suggest that STM is now overbought so a pull back may be on the cards.

Strathmore has been a uranium company since 1996. Its goal is to become a leading uranium producer in the United States. The Company's uranium property acquisition strategy was initiated when the uranium price was between US $7-15 per lb. Strathmore was successful in acquiring advanced uranium projects in the two largest historical uranium producing regions in the United States: the Gas Hills Uranium District in Wyoming and the Grants Mineral District in New Mexico. Many of these projects were extensively explored and advanced to the mine planning stage, but were later abandoned due to prolonged weak uranium prices. In 2005, Strathmore opened operations offices in Riverton Wyoming and Santa Fe, New Mexico. Projects were reviewed and prioritized, and permitting efforts were initiated. Strathmore's Management and Technical team led by CEO David Miller, has over 200 years of uranium exploration & development, and mining experience in the United States

Strathmore Minerals Corporation trades on On the Toronto Venture Stock Exchange under the symbol TSX-STM.V, has a market capitalization of $100.20 million, with a 52 week trading range of $0.41 to $1.19.

For disclosure purposes we do own this one.

On the skoptionstrading front some of our 'stops' were triggered yesterday sending us back into cash with some good profits, we will update the chart on the skoptionstrading site this weekend.


SK Chart 23 Oct 2010.JPG


The above progress chart is being updated constantly. However, to see exactly how it is going, please click this link.

So, the question is: Are you going to make the decision to join us today?


Stay on your toes and have a good one.

Got a comment then please add it to this article, all opinions are welcome and very much appreciated by both our readership and the team here.



To stay updated on our market commentary, which gold stocks we are buying and why, please subscribe to The Gold Prices Newsletter, completely FREE of charge. Simply click here and enter your email address. (Winners of the GoldDrivers Stock Picking Competition 2007)

For those readers who are also interested in the silver bull market that is currently unfolding, you may want to subscribe to our Free Silver Prices Newsletter.

For those readers who are also interested in the nuclear power sector you may want to subscribe to our Free Uranium Stocks Newsletter, just click here.


PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (6)

A lot of uranium stocks which have been beaten to hell have been making fairly significant gains after bottoming out- all except mine! ;-(.

In case anyone was wondering, they are: ALBERTA STAR, BAYSWATER, CASH MINERALS (Now known as BLACKSTONE), CROSSHAIR, TITAN, and SANTOY (Now known as VIRGINIA).

Still down an average 0f 95% with these losers, (I still say that my Financial Adviser makes Bernie Madoff look like a genius) WELL underwater in the six figures and carrying a six-figure loss on them.

No wonder I'm such a miserable bastard........

November 11, 2010 | Unregistered CommenterJoeBronx

Yeah, Santoy/Virginia has been a real dog. I wonder what other investors are seeing in this stock that I don't? Even Forsys Minerals is slowly plodding back to life and they have a permitted mine they are building in Namibia.

November 11, 2010 | Unregistered Commenterdaveydog

Hi Guys,

My Name is Joseph Rooney here In ireland - -I am looking for some tips/info here -- I am very keen to buy uranium stocks but notice most decent moving uranium companys seem to be canadian and trade on the Toronto stock exchange -- but the prob i seem to have is Finding a broker who exposes me to the Toronto stock exchange - -can you help point me in the direction of one? I have one that trades the USA stocks markets but not the Toronto.

any help or advice I would appreciate

thanks for your work on these newsletters -- Im an keen reader

Joseph Rooney
Ireland

November 28, 2010 | Unregistered CommenterJoseph Rooney

Joseph,

Its a shame that the brokers you deal with cant offer you a service that is wide ranging. Have you tried any of the web based trading platforms, we cant recommend them as we are not financial advisers, but there are plenty of them available.

November 29, 2010 | Unregistered CommenterUranium Stocks

Stock Symbol....(STM)

this is a junior mining company that is a possible takeover targer for its peroperties. If Uranium prices spike, get on board, this company will blast off.

February 3, 2011 | Unregistered CommenterSTM

Was at $1.14 when we wrote this article, now at $1.52, heading the right way!

February 6, 2011 | Unregistered CommenterUranium Stocks

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>