re: massive 4 dollar increase
Subject re: massive 4 dollar u price increase Stock Code SMM - SUMMIT RESOURCES LIMITED Posted by stolwyk Hotcopper Radio SMM on BoardRoom Radio Post #1233422 - 304 reads In Reply to msg #1223050
Uranium price now $52.00, was $48 only a week ago! (23 Aug)
Going back to my prediction:
Subject re: increases of insitu values Stock Code SMM - SUMMIT RESOURCES LIMITED Posted 11/05/06 09:42 Posted by stolwyk Post #1054463 - 2453 reads In Reply to msg #1043143
INCREASES OF INSITU VALUES Extract only:
One could get a 50 cents/week increase in the U price in the next 12 months or say US$26.
+ + + Assume we have an Insitu 150 mill lbs U in 12 months time, and the U price will be the current US$42+$26=US$68...... ++++++++++++++++++++++++++++++++++++++
2 Sept 2006: That prediction was made on 11 May when the U price was $42. It is now $52, an increase of $10 over nearly 4 months. At this rate it could have risen $30 over the year to 11 May 2007, instead of the $26 wanted.
It seems that sofar, my prediction is conservative.
Now with Sprott and the Nufkor ETF buying up Uranium as well, the heat is coming on!
Gerry Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities.
SMM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)