Friday, March 17, 2006

Mar 17 Uranium Stocks Update: sxr Uranium One (TSE:SXR)

Yet another reason to be thinking about buying SXR Uranium One now before more people know about this company.

"Onetime junior gold miner SXR Uranium One is also likely to be included in the Resources 20 index. "
-from Moneyweb (South Africa)

SXR Uranium One, besides being listed in Canada, is also listed in South Africa. If indeed the uranium/gold company obtains a place in the prestigious index, the stock will rise as people rebalance their holdings to reflect SXR's inclusion. Remember, incredibly large amounts of foreign investment money flows into the resource-heavy JSE, and no index performed as well as the Resource 20. Keep your fingers crossed that SXR will earn a place in the select group.
 

1 Comments:

Blogger madbubble said...

Hi,
Resources 20 index is listed in South Africa?

Lou

7:58 AM  

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