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18,710 Posts.
306
07/04/08
14:45
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dj
URA is not like other uranium stocks. URA will be producing uranium within the next 6 to 12 months in Ukraine.
Its not relevant what the u price is as long as it remains above $40 URA will be earning income from these deposits.
Do some further research so you can appreciate the potential here.
URA will be one of a dozen u companies worldwide producing uranium in 2008 -2009...and all of these are worth in excess of $1B MC.
If you think 25c is cheap, in 12 months time $2.50 will also be cheap.
This is a no brainer stock.
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