Now is the time to BUY.
Parliament approval soon.
You only have to look at how far this has fallen to realise if you can get in LOW enough the rebound will take you far HIGHER than these levels if you choose to do so.
If you haven't got the stomach for this game fair enough, just admit it and don't concern yourself over those that do.
Best wishes
Old article....
David Kempton (well respected investor) wrote an article on City Wire in Dec 11, suggesting the uranium element was worth 77m pounds. If you go into City wire you can search & find the article
Here is the article
My power company pick for 2012 has to be Wildhorse Energy (WHE.L) +
, which I wrote about last January. Then quoted only in Australia at A$0.45, the current price is A$0.17 (ouch!). They got a UK quote in August at 20p, now at 11.5p; it looks ridiculously cheap based on its hard assets irrespective of the massive gas technology potential.
Their world-class uranium asset of 77 million pounds in Hungary, with an exploration target of another 70 million pounds, gives a share price of A$0.89, excluding any addition for the gas potential, which should more than double even that value.
However, the biggest draw of Wildhorse is underground coal gasification (UCG). Wildhorse has assembled an excellent team of engineers, and UCG is at the tipping point of market recognition. I have bought more and am happy to sit on them since one day the value of this company will be fully appreciated, probably in 2012 since there is likely to be useful newsflow next year.
Now is the time to BUY.Parliament approval soon.You only have to...
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