Morning Kincella :) While I have the greatest respect for your opinions, and your right to have such opinions, I would make the following point.
It makes not one jot of difference whether I am for or against uranium mining ( i'm for it) or you are for or against it (you are against). BUT - as so-called traders or investors, surely we should recognise that it is INEVITABLE that uranium is going to be mined and exported. Our opinions ain't going to change that. It will happen, sure as night follows day.
SO - we should be alert to the possibility that we can make some serious profits by buying and selling uranium stocks. And the more likely these debates are going to bring the mining forwards, the more we should be buying uranium stocks if we want to make some serious money.
Now we can debate the pros and cons of uranium, nuclear power, waste disposal, recycling of waste, nuclear weapons, etc - whatever - till the cows come home. But the fact is that the opportunity exists to ride the uranium mining "panic-driven price spike" as Dines calls it, whether we agree with it or not. Bit like me investing in tobacco companies - even though I'm a rabid anti-smoker and in fact make my living out out of the misfortunes of smokers. I don't claim to be an ethical investor - just a trader trying to build up my super fund by capital growth so that I can retire in comfort. If uranium stocks allow me to do that bigtime, then I'm in!!
In other words - we, as traders, need to learn the difference between the emotional debate over the pros and cons of uranium on the one hand, and the chance to make some nice trades on the other.
