Showing posts with label junior mining. Show all posts
Showing posts with label junior mining. Show all posts

Sunday, February 25, 2007

Junior mining plays: uranium bubble!


As you know from a previous post, I sometimes gamble on highly speculative stocks with small amounts of my hard earned money (more fun than the casino though :-). I do not recommend this to anybody, but if you are still curious, here's my latest play:

Ditem Explorations (DIT-X), a junior uranium company, up 73% since I've bought it 10 days ago. As usual, I have no clue when I should sell. In the past, I've always sold too early, missing out on huge profits (but I've prevented most losses). This uranium/commodities boom is clearly a bubble driven by global demand. It will bust at some point, but can I manage to sell before that? I promise to keep you updated.

Here's also an interesting link from Chris on uranium companies.

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