Capitalist Exploits have a snippet on the current Uranium bull...

Capitalist Exploits have a snippet on the current Uranium bull market - they reckon it has a while to run;

Let’s say you bought Cameco back in 2000 at the height of the TMT bubble (24 March 2000).
Somehow you had a brilliant insight that uranium would be a big winner over the coming months/years.

Fast forward four years and Cameco was up some 330%. You may have been thinking of getting out and not pushing your luck (not too dissimilar to how many folks are currently feeling about the magnificent run in uranium miners over the last few years).

Now, let’s take Cameco’s performance from March 2004 to March 2007. As you can see, it ended up going up another 300%. In other words, just when you got the jitters of being up too much in the trade, you were only half way through the cycle.

Today, we suspect the same thing is playing out once again and we are closer to half way through the current bull market in uranium rather than closer to the end of the cycle. In other words, the greatest risk is getting out too early.