How to Take Advantage of Cameco's Shopping Spree [View article]
fxtrader, do you really think that the author of this article is going to tell you where they're investing based on this thesis? C'mon, please. Follow the bread crumbs that Cameco has left in the junior sector or draw some conclusions of your own. I agree with the thesis of this essay, but surely Hathor is not the best the author can do! I believe that UEX is a potential acquistion, as could be URG or URE. In the exploration sector, who knows but if you figure out where Cameco itself is already invested, that would be a good place to start.
This seems a bit slipshod, or worse disingenuous, on the part of RBC Capital. Less than 10% of the uranium sold goes out on the spot market. Term contracts continue to remain in the $90 range. This is coming from the mouths of Cameco and other uranium miners. If the spot market is such a small component of uranium sales overall, why such a focus on it by the analysts?
How to Take Advantage of Cameco's Shopping Spree [View article]
RBC Analyst: Low Uranium Prices Could Turn Away Investors [View article]