Uranium in play for 2011?
Happy New Years!
Now that we have that out of the way, let's talk trading. I've been looking at several Uranium stocks. A lot of reports I've been reading have pointed to Uranium being an incredibly hot commodity in future due to explosion of the BRIC countries and America's Go Green! campaign.
Uranerz Energy Corporation (URZ) is one stock I've been particularly interested in. A solid balance sheet and a strong presence in the Powder Riven Basin in Wyoming make this stock seem like a solid play.
Uranium Resources is another stock I'm looking at but I don't have enough information to make me want to throw money at it.
Anyone else have any knowledge on Uranium stocks, the industry at large, or currently invested in uranium ETF's?
URZ is starting to find its way into institutional portfolios. I can't tell you who, but just know that you're not the only person interested, which is probably a good thing in the short-term.
I got into the miners back in the depths of Spring, '09. You guys missed the easy money, but there still might be some to be made.
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