Now it’s uranium’s turn to takeoff. CCJ is lifting 7.5% today, and counting. UEC is up 8.8%. This is much more serious money for me.
On the natural gas side, HCLP and BAS are both full sized positions. But CCJ is a mammoth stake; we’re talking 20% of my book alone. Today’s move is adding 1.5% to my gross account change (which is slightly being offset by minor corrections elsewhere).
I have a big bet on uranium prices and the miners. If they make it this year, it will be one for the records.
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Do you have an opinion of URRE?
I’ve hated it for years. But if ever there was a time to gamble, that time may be now. Personally, I think there’s surer money to be had
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