Tuesday, August 19, 2008

Why markets ultimately make no sense in

the short term. Cameco still hasn't put its hand around the problem at Cigar Lake expecting even more delays. This was very significant news where the investing public preceded to give an unanimous yawn.

It was only a couple years ago when this news would send the penny stocks soaring. There is something undefinable about short term movements which I cannot understand. But ultimately the need is not currently there!

Cameco has such potential but is having severe growing pains from leaks, floods, and shortages.
How can you not like this stock currently, we are buying a behemoth at discount.

I believe that a company like Total will probably buy CCJ. Why haven't they already? Because they are probably cheap.

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