GREY:UEXCF - Post by User
Comment by
KansasCrudeon Jul 25, 2007 6:06pm
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Post# 13150976
RE: Mind boggling!!!
RE: Mind boggling!!!Well Cameco is off 26% from its recent high. UEX is off %17.5 from its recent high so we are doing a little better. I think this stock is fairly thin with an inordinate amount of specs. jumping in and out and that promotes the volatility. As a U.S. investor I can't tell you how difficult it is to find out about stocks like UEX. I basically started with an article about Athabasca and U and Google. It was a long (and rewarding) hunt to find UEX. Cameco is on the radar screen of a lot of U.S. investors but only if they are interested in U which an increasingly number of U.S. investors are but its still a relatively small number. At a recent event I asked if any of about 25 different investors had any U in their portfolio answer one had BHP which own's U among a bevy of other mineable commodities.
Its really tough to get the info out with all the noise in the U.S. markets. Having a listing in the U.S. could help in this area. But hey while its always gratifying to see a big gain in the market value column I sure feel good about the shares I bought last July at $2.50 USD and would be happy to be adding more at that price today heck I would feel good about adding at twice that price. Long Term Investor.