its definitely a bubble, no doubt about that whatsoever .. the end of which will see a few companies actually sustain the price cause they have something substantial, others will fall over. However, unlike the techie boom where about 95% of them fell over, i think far more will succeed in this one, due to the very strong international demand for Uranium in the long term.
my pick of the best ones are ... PDN, EXT, ARU, BKY, RRS, AEX, and GBE. there could be some others too.
I've not listed any companies that operate in WA or SA, or QLD ... because for the time being, the state laws prohibit mining and until they are changed .. demand or no demand .. they will not be permitted to mine, and unfortunately uranium stuck in the ground will not make any money.
All of those mentioned have uranium interests either overseas or in Aust where they can actually mine.
I currently hold RRS and CAZ. have been trading AEX, EXT, GBE, and a few others here and there.
SMM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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