Howdy SX .... Have you put your microscope over PEN lately? Might be worth a lookI'm looking at a commodity price at U$52.00, up U$2.75 over the past week. From a technical perspective the chart has put in a clear bottom.
I'm looking to increase my exposure in this space. To that end if anyone has "real" thoughts on either ASX or TSX explorecos, near term producers, or new producers eg. WCU:ASX/WU:TSX-V(?), let's talk.
My stocks owned are: MGA, NTU. BMN:ASX, is a pricey producer but may be a winner; EXT is solid. What about MRU, TOE, DYL...etc.
Thanks. Now let's make MONEY!
"Under plans already announced, China intends to spend $50 billion to build 32 nuclear plants by 2020. Some analysts say the country will build 300 more by the middle of the century"
SX,Further to PEN....
Their audio broadcast points directly to a capital raising. To me this, at this point, may be pointing directly to a buying opportunity of a near term producer. Needs more research though.
Up further again to $66 from $62."Uranium prices surged 5.6% in the past week...."
As per link http://www.financialpost.com/news/Uranium+surges+potential+shortfalls/4090731/story.html
could be a good time to take a punt on a Uranium Junior.