lance sjogren

Uranium Sees Signs of Strength, M&A

Uranium resource companies have been in a slump in recent months, in contrast to most commodities.

For a value investor, that spells opportunity.

The primary uranium stock I have been accumulating is Hathor. They are the world's premier junior Uranium exploration company, with a high grade deposit in the Athabasca region. We don't know how many pounds they have though. I believe the stock right now is priced for a worst case scenario- a bear market in Uranium and their Uranium resource coming out at the bottom of the range of expectations. Downside should therefore be small relative to current stock price, while upside is substantial.