Thursday, April 05, 2007

Is Uranium Rising?

If you think uranium will continue to rise in price -- and there is substantial reason to believe it will, then Uranium Participation Corporation -- traded as U on the Toronto Stock Exchange -- should continue to benefit nicely.

Here's a description of the stock from their web site, Denison Mines Inc. is the manager of Uranium Participation Corporation:

    Securities of Uranium Participation
    Uranium Participation Corporation’s securities are listed and trade on the Toronto Stock Exchange. Its common shares trade under the symbol U. It has two series of warrants listed on the TSX: U.WT (exercise price $6.25; expiry May 10, 2007) and U.WT.A (exercise price $12; expiry September 14, 2008).

    Net Asset Value
    Uranium Participation Corporation's net asset value is calculated and reported monthly. To obtain the latest net asset value per common share reported by Uranium Participation Corporation, click on this link: NAV

    Uranium Spot Price
    The weekly uranium spot price is posted weekly by The Ux Consulting Company, LLC. To obtain the posted spot price, visit www.uxc.com.

    Random Roger weighs in HERE (updated at 10:00 am)

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