JUSTIN REID, Cormark Securities
"Unlike 2006 where the majority of uranium focused equities delivered triple digit returns, 2007 looks to be more about picking your spots for exposure to the commodity rather than investing in a basket of names. In 2006 the uranium price appreciated in excess of 90% now sitting at $75/lbs, and though we believe that the underlying fundamentals for the commodity will continue to drive the uranium through $100/lbs we do not anticipate the same level of equity appreciation to the group as a whole as we did last year. Investing in uranium in 2007 will be about picking your spots."(2/14/07)

 PRINT THIS PAGE   EMAIL THIS PAGE

Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.

Related Quotes: