Uranium Participation Corp URPTF

Uranium Mass Psychology - Redux

[yellowcake]

I did a LEXIS-NEXIS search for "Cameco" in the New York Times, for dates ranging from June 2003 and after. The results? Three hits: -2 stories about Cameco as a gold producer and some exploration work in Mongolia.. -1 story about Cameco buying 2 nuke reactors in Texas... No mention of the bull market in uranium, though they did mention CCO was the biggest producer. Turning to the WSJ, I found only one feature article ("Uranium becomes the new hot commodity") from early 2005 about the U bull market. The article did not even mention Cameco, only PDN (good pick but fully valued for now) and WMC, which has been absorbed by BHP Billiton since. BHP gets 7% of its revenues from uranium, so it's not exactly leveraged to the stuff. Again... it's still early in this bull market, with only Canucks, Aussies, Kiwis (and smart Yankees) being aware of it. I hope we can do some bargain hunting this summer. Good luck to everyone. Cheers, yellowcake