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I like Uranium long term, especially with rising oil prices and a new U.S. President coming soon.
There's only one BIG problem. The new prez is anti-nuclear! You havent heard him say one effing thing positive about the nukes, just about wind, solar, and "renewables". There's 20 or so new nukes on the books and no one has moved one shovel full of dirt yet. Ive built 6 and operated 4. I dont see anyone building new nuke plants, only talking about it. Same old SPIT!
Recent action shows us and others that this will be a big time winner. I have held this stock and added to it in both up and down cycles the past coupe of years. (I am still under water but that will change) Can't wait until I can add it to my CAPS Account. Most Uranium companies that obtain mining approval get taken over by larger players. I even think Oil Companies will be getting back in the Uranium Business this year. It's been a long slow process but think 2009 the light bulb will go off with the New Energy Policy that the Base Load Electrical future supplier has to be Nuclear Plants for the U.S. France is the leader today. China, India, and others get it. Our government should? wake up this year.