Why are we defending Michael Kiernan?
He did the same thing at CSM.
When CSM hit $4.15 after a bumper profit and dividend, Kiernan sold because he knew the manganese market was crashing and he told nobody.
He is a scoundrel but a smart operator.
We bought at 25 and took our investment back at 75.
We do not care that much.
URA is one big gamble. Hit or miss, so don't invest what you cannot afford to loose.
Plenty of good stocks with good upside, strong defined resources, producing this year: CUO, AGM. TFE, DON, AZC, MRX to name just a few. Still 100% gain left in some of these, other 200%. (Even CBH and JML have more in them, another 80% for 2007).
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