Taking a long position here. This is the only unhedged uranium miner in the industry. They had halted production during the low U prices, but prices are on the upswing and they will capitalize from it. Their in-situ recovery method is established, they have reserves, and they own a ton of property in the USA. The best part of the story... the CEO is Iranian...
CCJ retesting triangle break out. Positive divergence exists here as well as in most of the uranium stocks and can be seen by a mile. Sector is so depressed the last few years that sentiment is touching the floors. Good R/R for long term positions. Cheers, Panos