While the spec market was taking a breather the last few months I spent a fair bit of time digging around stocks exposed to the Uranium space.
Not just size/grade of deposits but also development/exploration stage, register structure, sovereign risk, and quality of management.
Now a rising tide lifts all boats for sure...
I really like BOE and VMY here in oz.
BOE was great buying @ 4c-5c after their raise, which I did.
I see VMY at today's price presenting a similar opportunity.
PEN and PDN are also two that came up shining.
Now PDN you ask, well for me everything changed when they finally put LH on C&M.
Overnight it changed from a cash draining pig with a register filled with bleeding debt holders to a low AISC U3O8 play for hedge funds to get exposure to the unfolding Uranium story.
I hope it was ok to mention the other stocks here, VMY is my biggest holding though, after yesterday arvo's dump I am probably top 20.
Good luck to all the early birds and don't sell too early, for those who traded the U bull last time around you know no commodity runs as hard and crazy as this one!
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VMY Price at posting:
11.8¢ Sentiment: Buy Disclosure: Held