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Uranium One’s share price weakness a potential buy opportunity
Mar. 22, 2011 09:35AM PST
Long TailFinancial Post reports the buying potential of uranium stocks with signs of weakness in share prices.
Financial Post reports the buying potential of uranium stocks with signs of weakness in share prices.
The market news is quoted as saying:
The recommendation comes a day after Uranium One Corp. announced an agreement with ARMZ, a Russian company with a controlling stake in Uranium One, to buy Mantra Resources in a A$1-billion deal. Australia-based Mantra currently owns a uranium project in Tanzania.
A prior agreement to partner up and buy Mantra collapsed in the wake of a price crash in uranium prices last week.
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