GREY:SRSIF - Post by User
Post by
norim109on Apr 15, 2007 7:02pm
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Post# 12611885
Uranium stock to invest
Uranium stock to investI have some cash to invest in uranium stocks. I have taken positions last December in PDN and FSY and in mid-March in RSC. I am looking for undervalued stocks. So far, I've found SRX and FNI, both in politicaly risky areas and NCA, which has properties in the Athabasca region and Wyoming. NCA has a small float (less than 20 million shares) and is drilling both its Canadian and US properties.
I have taken position in NCA and still have cash to invest in 2 or three other stocks.
Any of you have any suggestion? The company has to be listed in Canada, must have uranium properties in well etablished uranium camps, must be undertaking exploration activities such as drilling (excluding grab sampling which is the favorite tool by promoters to pump a limited value properties), and must be clearly undervalued compare to its peers.