uranium worthy of investment.??, page-28

From a contrarian point of view, uranium looks good if you believe in the long term story, and although I would not consider myself a stout uranium bull by any stretch, I think it will be an inevitable part of long term future energy needs, how much of a part may be debatable but thats for fundamental analysts to debate. I do think it is worth throwing a few dollars into uranium from here on down, I think patience will be paid off.


From a technical perspective it looks like its approaching bargain territory, and uranium disaster has put off everyone except the most resolute uranium bulls, particularly the bulls which held on to uranium stocks(which i fortunately was not).

there is a lot of pain in this market, which has me interested to come off the sidelines.


The first post with chart was saying to go with gold( I am bullish on gold long term) but the serious money is made buying following a long term decline as long as the assumption is sound that the market will rebound.

Uranium spot is at approx 70% discount to the 2007 high, and that is quite attractive, closer to 80% would see me enter the market more aggressively.