Uranium investment opportunities

In this article I shall be updating you with the recent development in the uranium market which is set up for a big boom in the coming year after a healthy correction recently.





Spot prices of uranium:
Look at the chart above((Picture courtesy : http://www.uxc.com/review/uxc_Prices.aspx).
It is expected that after a correction of almost 20% and an impending stock market recovery soon we might be in a time to invest in uranium. The spot prices are expected to hit $140 next year and this would be fuelled by the rising demand in autumn(power requirement peaks in winter). So that would give a return within next six months of 30% or more.

For unexperienced investors one might one to own Pinetree capital(TSE:PNP) which has had a severe correction recently and is nicely poised for sustained upturn(provided the market forces do not turn bearish).

Other possibilities are TSE:SXR(Uranium One) and Cameco corp.

All the best and happy returns.