Riding The Gravy Train: Uranium longs : SAN, SSE, RH, ABN, TUE / short : CFC

Riding The Gravy Train

Beating the market is fun and profitable. This is how we do it.

Monday, August 07, 2006

Uranium longs : SAN, SSE, RH, ABN, TUE / short : CFC

These uranium exploration companies are listed in Canada (TSXV).

Red Hill operates in Mongolia, and we've done very well with it as earlier this year we made an original entry circa $0.30 before it rocketed to the $1.75 level on expectations of assay results (former symbol : UGS). We sold our holdings circa $1.40 for a gain of 366% and are now re-entering as the chart suggests it's time for another upward leg.

The rest are exploring in Canada's Athabasca and Labrador regions.

Long Red Hill Energy, RH at $0.69
Long Santoy Resources, SAN at $0.41
Long Silver Spruce Resources, SSE at $0.49
Long Consolidated Abbadon, ABN at $0.50
Long Titan Uranium, TUE at $1.70


Details on the companies available via their respective websites :

Red Hill Energy
Santoy Resources
Silver Spruce Resources
Consolidated Abbadon
Titan Uranium Inc.


Short Countrywide Financial, CFC at $37.25 on NYSE for balance. Countrywide Financial