RE: Mar 6 NAV 5.85I'm happy to have a large position in this fund as my main uranium vehicle. In the current volatile market environment, the discount to NAV and instrinsic diversification provide a very useful margin of safety that individual stocks don't have. Plus it's more liquid than a lot of the individual microcaps.
I think U stocks have bottomed in price, although perhaps they need to consolidate further timewise. I'm pretty sure that as soon as the credit crisis is mitigated the uranium sector will be a leading growth performer. Most likely GUR will trade at NAV or at a premium someday, and that will be the time to sell it.