bubbleguy
01-05-2007, 02:27 PM
For 2007, I think the hot commodity play is uranium. A way to leverage this play is by buying a company to is no more than two years away from production. Sure everybody and their grandmother are setting up uranium exploration companies, but how many of them will actually reach production. Getting the necessary people and equipment won't be easy.
EMU has a portfolio of properties in the United States. These properties are located in areas known to have uranium production. EMU is approximately a year and a half away from production. By being in a politically stable country, the likelihood of expropriation is low. This is a company with a good portfolio and is sufficiently funded.
On the chart side, it still looks strong. It broke a new 52 week high this week.
EMU has a portfolio of properties in the United States. These properties are located in areas known to have uranium production. EMU is approximately a year and a half away from production. By being in a politically stable country, the likelihood of expropriation is low. This is a company with a good portfolio and is sufficiently funded.
On the chart side, it still looks strong. It broke a new 52 week high this week.