Uranium Stock Cameco Holding its Own in 2008


Uranium Stock Cameco Holding its Own in 2008

If you’ve been sitting in Cameco over the past month then you’ve noticed a decent sized gain. While its not enough to offset the gains the stock has given back over the past three months, we’ll take it.

Camerco Three Month Simple Chart (CCJ in US, CCO on TSX)

Uranium Cameco Three Month Chart

With spot prices hovering around the mid 70’s value something is going to have to give soon. The recent commodities rally on wall street and in particular amongst the American financial media is setting uranium stocks up for a run.

If anything, Uranium has been a half decent place to park your money over the pain of the past three+ months.

Historic Monthly Cameco Price Table

Uranium_cameco_historic_prices.png

This is basically a teaser article before we get up and running. In the coming week’s we’ll go more in-depth with some chart analysis, political motivations, options pricing and more. Stay Tuned!

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