Wednesday, March 08, 2006

5th Uranium Stocks Pick: Uranium Participation Corp (TSE:U)

Correction in the resource sectors the last couple of days have been somewhat painful, I'm sure, for many of us. During these times I'm tempted to look away and forget the vast sea of red that swamps the green. Of course, as a long-term investor in the most promising mid-sized uranium companies, I can afford to do that.

However, what might be a better idea is to hunt for bargains right around this time, when uranium is correcting for the sake of being considered in tandem with other resource metals. Of course, we all know this is not true, but we accept it as it is, with the understanding that bargains can be made--especially in times like these. Even if it is sinking it in a stock like Uranium Participation Corporation (U.TO), which is the closest thing to a set-it-and-forget it uranium ETF as you can get. In fact, U.TO would be my fifth pick, if it weren't for the fact that I would have nothing to write about it except to show you the graph of uranium oxide price again =P
 

0 Comments:

Post a Comment

<< Home