Monday, October 29, 2007

Third Week a Charm for Uranium


Uranium shares are on the move again. This time I do think it's for real. After getting clobbered this summer, Uranium shares are spiking higher as the yellow metal spot price is firming. Click here for the story. There are dozens of Canadian and Australian ways to play it, but the gorilla, of course, is Cameco (CCJ), but don't forget about Denison Mines (DNN), she's a $3 billion cap name that is marching strongly higher and exhibiting leadership traits. Right now, you can pick any of the legit players in the space and hang on for the ride (esp. if the Dines letter is gunning for them too right now, and he is, trust me, LOL!!) . The metals and mining group is en fuego, and the Uranium sub-sector is a way to participate, and even more so now that the market price is firming once again. Good luck!

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