Uranium Sector Recovers

B. Uranium Sector Uranium has been hard hit over the last several months. The absolute certainty that any stock with " uranium " in its name would rise ended when the commodity price started to reverse. It has gone down another $10.00 this week to $110.- from a high of over $130 Junior companies with no production or likelihood of production were the hardest hit. The AMP sold most of its basket but retains small positions in three companies - often discussed in past columns. How good was today? so good that even the uranium sector was up. Uranium One SXR 11.50 up .33Denison ( DML) DML 10.21 up .35Pinetree Capital ( PNP) 8.63 up .15 When the tide is that strong it carries the garbage out to sea-and I mean that with the greatest respect - I own all three of the above-noted. It's just been a long time since they have been positive. I will wait until the sector turns on a longer term before adding to these names and rebuying the others I sold off during the last two months. At this point stay with producers and near term producers.