GREY:URPTF - Post by User
Post by
cosmicman46on Jan 17, 2011 10:51am
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Post# 17983383
The new NAV
The new NAVis $8.00.It is down from the last report of $8.21. I called the company to find out why. The answer is 1) the canadien dollar went up against the US dollar and ,2) they own two types of uranium.The most often quoted spot went up a dollar or two but the other (hf6 i think) went down a little. Since that report both have gone up alot. For instance spot was $61 and it is now $66+ so the next report , if uranium holds here or goes higher which I think it will, will show a MUCH higher NAV.The last time spot went up $5 dollars the Nav went up around $1.00. So as usual , just hang on and buy the dips.