Lets talk about Uranium

Discussion in 'Stocks' started by eagle488, Nov 25, 2006.

  1. 2006

    2006

    NWI.TO
     
    #11     Nov 26, 2006
  2. otoh, CCJ makes most of its money from other commodities, not Uranium. You'll see CCJ track gold nicely.

    Look on its latest quarterly report - their uranium sales are measly. furthermore, they are hedged to sell it cheap for the near term, so even short term spot movements won't give ccj much upside. Look at FRG or URRE if you want uranium spot exposure - only problem is, so far, they have already priced in $100 spot uranium. perhaps there is more upside though.
     
    #12     Nov 26, 2006
  3. dhpar

    dhpar

    agree - still I consider CCJ a great value at the moment.

    You can also go directly into buying (basically) ETF on U, e.g. U.TSE but I belive it also trades somewhere around $80-90 at the moment.
     
    #13     Nov 26, 2006
  4. zdreg

    zdreg

    thx for the site.

    is there a similar site with lists of precious metal co. for the US and/or the world trading in the US.
     
    #14     Nov 26, 2006