Uranium Stocks Want to Run, Again
Companies / Uranium Jan 21, 2013 - 04:22 PM GMTBy: Submissions
Hypedu writes: Not so long ago European Uranium Resources was one sick pup. In fact if you checked the long-term chart and nothing but there would be only one verdict – it’s dead.
That first impressions is deceiving. The company actually have a decent story to tell and It is out there, only being quietly ignored.
These two charts which overlap by one year could not be more different in appearance despite incorporating the same period.
European Uranium Resources – the picture looks completely different on a 12 month chart
EUU – Pick a number on how far this recovers. A few cents? More?
Price has been on a significant roll - 75% gain in three months only, that’s some fuel cooking. Judging by volumes traded against average, an unusual amount of interest has been showing up these days.
I am biased make no bones about it - did my homework, always do, and submitted it on time.
For yours, http://www.euresources.com is a good place to start. Then be sure to do the all the right check and balances. This is Punter’s Corner – we swim with sharks.
Cameco
Some folk prefer the comfort blanket of staying with Blue Chip’s, in which case Cameco is boss. Once it squeezes past the heavy static I’d expect to see a 30 handle plus on price, and more given time.
As much as it has been a torrid time for this unloved sector, signs are promising the Uranium space had finally got up off the seat of its pants.
Hypedu
Copyright © 2013 Investment Contrarians- All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.
© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.
