You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Lets talk about Uranium
- Thread starter eagle488
- Start date
Quote from dhpar:
Comeco (CCJ) is a good play if you are comfortable betting that Cigar Lake project is going to be fixed. The stock trades relatively cheap (largely because of the Cigar flood). The downside is limited because without Cigar Uranium is going to go up which is good for CCJ due to better margins from other mines.
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.
Quote from scriabinop23:
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.
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.
Quote from lcmslutheran:
http://www.preciousmetalresources.com/canadian/uranium/marketcaps/
This is a list of all the Canadian companies trading in that country.
(It's too bad that HydroBlunt is a tinfoil hat wearer. You need to wake up to reality and stop reading so much enviro-whacko propaganda. The sky is not falling, contrary to unpopular opinion.)
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.