Jim Letourneau's Blog

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Big Moving Uranium Stocks

I'm posting a couple of 3 month charts to illustrate that uranium mania is still going strong. I think these two companies have promising properties but they are not moving on the basis of drill results. I sold Western Prospector a bit too soon but I still own Fronteer Development. Money often starts to flow into companies with marginal prospects as people who profit in uranium names start looking for more more more. In the past I have ended up holding some pretty illiquid companies just as a wave of profit taking hits.

Here is a list of other uranium companies. Be careful out there.

Fronteer Development Group

Western Prospector Group

I currently own FRG.TO
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