casey files on stockhouseStockhouse has a posted a commentary by Doug Casey about making money in the Uranium market. Here is a piece of interest that should give ULU shareholders confidence.
The secret to finding winning uranium stocks? While it is hard to find one that has not already had extreme appreciation, look for "early mover" companies -- those which were actively acquiring projects before uranium became the flavor-of-the-day. They are most likely to be sitting on the most prospective concessions, in the best geological and political settings. (ULU acquired the property 2 years ago before the frenzy in uranium stocks and they have quietly done some work reviewing the property. Only recently have they started to promote the company)
Finally, look for companies that are actually doing the hard work necessary to prove-up their resources, because verified pounds in the ground will be, for most of these companies, the trigger that gets them taken over - at much higher prices -- by a larger company with the specific skill sets to move the project into production.