USU entire business is now dependent on a DOE loan to finance the American Centrifuge. If they get that loan, gravy...if they don't, $3 here we come, as it'll be tough to find financing from a non-governmental source at this point. But once its approved and it appears that the program is taylored for them, perhaps the stock will hit $10.
Entry point for USU is below $5.
I'm not sure why this isn't mentioned in the article....USU was actually part of the DOE until the government privatized them, so given the existing contacts and relationships, one would think they'll get the loan.
I like CCJ as well and it still has room to grow. I'm long on both, but I own just USU at this point.
Uranium Mining: 5 Investment Opportunities [View article]
Entry point for USU is below $5.
I'm not sure why this isn't mentioned in the article....USU was actually part of the DOE until the government privatized them, so given the existing contacts and relationships, one would think they'll get the loan.
I like CCJ as well and it still has room to grow. I'm long on both, but I own just USU at this point.