Thursday, January 13, 2011

Uranium Miners Follow UP


I started writing this blog on 10-29-10, at that time I spoke of my plan for making profit from this easing cycle the coming inflation and higher energy prices, and the need for new nuclear power plants (aging plants) so I wanted to see how that is actually playing out. This group has been left for dead for a long time and is now at the beginning of a secular bull market.  CCJ was trading at 30.26 and on 11-9 I wrote that my near-term target was 41 dollars a share it actually made it there earlier this year and is off a bit from there. As of today the gain in CCJ is over 30%.

URZ up 86%


UEC up 52%, it hit a high of 7.4 and its going to test that area very soon.

















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