Quantcast

Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

URANIUM UPDATE

The uranium miners and explorers have been in an amazing uptrend this year. The uranium price is stalled at $18.50US/lb.
http://www.uxc.com/

However Cameco (CCO.TO) has moved to a new high today and many of the smaller companies that I follow have the potential for moves after a period of consolidation. I don't see abnormal volumes yet but I'll be looking to get my share of any upside. I need to sell some SKY.V and redeploy.

These companies are well financed and have active summer drilling programs so there is news flow potential in the next few months.