respectfully, i think you are off base with that conclusion, chub.
most 'risk' stocks, and even most defensives ( and all uranium stocks have to classed as risk stocks given spot is so far below industry avg breakeven) - fell heavily globally Sept/Oct and have recovered since
its got nothing to do with cameco, the uranium sector, their profits or lack therof, sector stockpiles etc
globally investors took their money off the table Sept/October across all sectors. Then they put it back on
ccj is up 33% since that low - which is pretty standard.
unless there is some other point you are making - i dont see the evidence that CCJ sp has anything to do with uranium stockpiles
a useful exercise is to run a 1 year comp on xao, dji, ftse, nikkei - and have a look what happened in sept/oct
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