After a long downtrend, many uranium stcoks have been wiped off the radar of many investors...and perhaps understandbly so...
But this is where the money is made....
Many uranium stocks are basing and showing signs they may rally from this point....
Many uranium stocks overseas are also showing signs of breaking out...
With the sector out of favour and the stocks starting to lead the physical Uranium price..I see little downside from here and given that the uranium shares have fallen so much the upside could be much, much larger than we care to imagine.
I think this is the big investment opportunity of 2012 and therefore stocks such as BLR could go much further than the 8-10c range over the coming year if the uranium price joins the party....
Regards
Soup.
BLR Price at posting:
2.6¢ Sentiment: None Disclosure: Held
