Portee, I am also looking at buying some uranium stocks, why is Denison so low? Do they have a fundamental problem or not?
Once I went to a real estate talk and the speaker said a lot of bull, but he said something that I think makes sense and I always try to apply when investing.
Buy when something dropped in price because it has had some problems but make sure that the same problems (or issues) are not chronic; meaning buy when something has dropped for some reason but make sure that the problems that caused the drop will/can be resolved.
I try to apply that to CAMECO and their Cigar Lake flooding issues, are these problems solvable or not? They claim they can fix it but so far they have not succeeded.