Sunday, July 08, 2007

Forum Uranium...



Forum is representative of much of the junior uranium sector. The stock has gotten a 50% haircut in the April to July timeframe. Just a little off the top. Whoops. This is a speculative situation, but they have the right ingredients that are key to exploration success for any uranium junior: highly prospective portfolio of properties, top-notch geological talent, cash in the bank. Like many charts I have been looking at recently, this one appears poised to break out. We will see what happens next.

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