URÁN – kedy začne opätovné zhodnocovanie?
Výkon akcií uránových spoločností bol za posledné obdobie depresívny. Odpredať, alebo nie? A čo ak stojíme na počiatku enormného zhodnocovania?
The market has been unkind to junior resource stocks for the last several months, but it has reserved special treatment for uranium juniors, whose management are sounding increasingly depressed and suicidal.
The reason is plain to see – the price of uranium is heading south in a hurry, and that has many investors asking, “What exactly is the condition of uranium fundamentals now?” Is it favorable or not?
So is it time to dump your uranium juniors and forget about them?
Not so fast. The run-up in uranium prices can be likened to tech stocks in 1999. Nobody knew how to evaluate the demand, and but the internet was so new, the hype induced the “fear of missing out” part of the herd mentality, and the stampede was under way.
After the crash, the stampede went in the other direction, and even companies with value in the form of earnings and dividends were sold down to fractions of their values. Now, internet technologies are better understood, and its much harder to hype the reality.
The current uranium phenomenon is in the second phase of the same sort of cycle, where everybody panics and indiscriminate dumping is the result.
There are a lot factors that yet point to a sustained growth in the importance uranium will play in our energy future.
Zdroj: uraniumseek.com
27.02.2008
