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Uranium One Inc SXRZF

Metals & Mining Industrial Metals & Minerals


GREY:SXRZF - Post by User

Uranium One Inc
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Comment by LongoGlueStickon Aug 21, 2007 4:46pm
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Post# 13279241

RE: Little Downside Risk Left?

RE: Little Downside Risk Left?Edick, I think this downturn in U stocks has priced in $60 a pound for Uranium, there abouts. And I agree the downside risk is limited. I'm holding and buying. Cameco is a hedged U producer. That is why they are getting hurt. UUU does not hedge, so we will benefit when the price of uranium when it goes to $1000 a pound 10 years from now (analyst predictions)
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