What I like about holding CCO/CCJIn this day and age of wild government spending and deficits its nice to own a mining company that produces a product of increasing value. It looks like inflation may be starting to tick up so owning something other than money is a good idea to me.
I believe there is a lot of safety for my money in CCO/CCJ. The supply demand imbalance will kick in in the Uranium market. The world needs Uranium to keep the lights on. It’s a done deal.
At some point in the nearterm to fairly nearterm period the price of Uranium will have to skyrocket. It’s annoying it hasn't already happened though the longer the low prices remain the higher the eventual price will be becuase the supply demand dynamic gets worse and worse as time passes.
I am quite sure CCO/CCJ will continue to be a profitable investment for me.