Penny Stocks: CanAlaska Uranium broadens its focus

Penny Stocks: CanAlaska Uranium broadens its focus

CanAlaska has now partnered with mining giant Cameco for uranium exploration in Saskatchewan’s Athabasca basin. Another joint-venture deal, with De Beers, adds more risk for the company.

CANALASKA URANIUM (symbol CVV on the TSX Venture Exchange; www.canalaska.com) explores for uranium—and now diamonds—in Saskatchewan’s… Read More

What is your view of Uranium Participation Corp.? Is there a better way to profit from a rebound in uranium prices? Thanks.

Uranium Participation Corp., $5.25, symbol U on Toronto (Shares outstanding: 106.4 million; Market cap: $558.6 million; www.uraniumparticipation.com), is a holding company that was created to invest almost all of its assets in uranium oxide (U3O8). Denison Mines (symbol DML on Toronto) manages Uranium Participation Corp.

The… Read More

What is your view of Uranium Participation Corp.? Is there another way to make money from rising uranium prices? Thanks.

Uranium Participation Corporation, $5.56, symbol U on Toronto (Shares outstanding: 106.4 million; Market cap: $591.6 million; www.uraniumparticipation.com), is a holding company that was created to invest almost all of its assets in uranium oxide (U3O8). Denison Mines (symbol DML on Toronto) manages Uranium Participation Corporation.

The… Read More