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Mr. Cain Thaler

Mr. Cain Thaler
Stock advice in actual English.
Joined Sep 2, 2009
1,224 Blog Posts

BOOM! Uranium Spot Price Recovery Continues

Mr. Cain Thaler Thu Dec 20, 2012 1:44pm EST 5 Comments

I just managed to get around to checking the weekly U308 numbers. The price recovery continues, germs.

Spot prices are up another 1%+ this week, now nearing the $45 /lb price. Long term prices remain pegged at $60.

This is your last warning. All who oppose uranium are about to be offered up for slaughter. Your weregild is cheap, and CCJ will offer no quarter.

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5 comments

  1. muktukchuck
    muktukchuck
    December 20, 2012 at 4:21 pm

    May add tomorrow if tax loss selling serves us a dip on CCO.tsx. Pretty deep in this already though.

    LDP has indicated one their first orders of biz is to re-start Japan reactors. I think China has 10 or 11 reactors in operation now and 25 under construction (shovels in ground). CCO just complete purchase of some Aus Uranium property from BHP – the China play for them I think.

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  2. Cascadian
    Cascadian
    December 20, 2012 at 7:49 pm

    DNN is dirt cheap

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  3. zenhunter
    zenhunter
    December 20, 2012 at 10:09 pm

    Tomorrow may be an opportunity to pick up some CCJ on the cheap…

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  4. Fly Fraud
    Fly Fraud
    December 21, 2012 at 10:20 am

    URRE prints $1

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    • Mr. Cain Thaler
      Mr. Cain Thaler
      December 21, 2012 at 10:24 am

      Yeah, on a technicality. They’re running a reverse split until they get to the $1 mark.

      It’s not like the stock is about to rally 300%.

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