Uranium Participation Corp URPTF

Positive sign

[fredview]

Commodities have been getting crushed as of late as has uranium stocks.  The price of spot had a very nice run from 28 up to mid 36 range.  The pullback has been very mild and spot actually went up again yesterday to end at 35.75.   Expect to see spot continue to rise up into the low 40's near term.  This will pull the price of uranium stocks with good balance sheets higher.  Not so sure about the higher risk stocks such as PDN as they are gushing red and need uranium spot to be much higher.  Uranium Participation's share price is now under the net asset value of the company and will gap up strong when sentiment turns from bearish to neutral.   It's very low risk high reward at this point.