Uranium Bull Market Far From Over

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...This also means that the uranium industry has not yet entered into a manic blow-off phase of the bull market. Easy money may be over in the sector, but there is still a lot to be made by carefully selecting the stocks that will be the next acquisition targets...

...We believe there is a lot of fear in the uranium sector. As for greed, there is some, especially in the early stage exploration companies, but this is not a cause for alarm for the entire sector.

This also means that the uranium industry has not yet entered into a manic blow-off phase of the bull market. Easy money may be over in the sector, but there is still a lot to be made by carefully selecting the stocks that will be the next acquisition targets.

There are only a limited number of companies that have established resources and defined production plans. Some of them aspire to become significant players in the sector but have insufficient internal growth prospects to meet their objectives. Understanding this, they will look to make acquisitions.

Cameco Corp (CCJ), the biggest uranium producer in the world has not made any acquisitions thus far but definitely will in a not-too-distant future. We are certain that selective buying in the sector will continue to bring investors handsome profits.

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