Many investors invested in the Great Uranium Bull Market with little rationale behind their speculation. Through the robust rallies of the past two years, it was easy to play the momentum of a newsletter writers recommendation. Quite a few did so, often employing the greater fool strategy and hoping the last and dumbest investor would provide an exit strategy for the early and nimble speculator.
We have created a 7-point ratings system to help you in determining which companies might be best suited for your degree of investment risk. Its a guideline you can use, and weve not assigned a weighting to each item. Nor have we named any uranium companies. This is a do-it-yourself ratings system, which requires but two actions on your part: (a) be persistent in your data-gathering from each company by asking the questions we posed below, and (b) be honest in your assessment when you review this data.
Some of the more speculative, pure exploration plays might abandon their properties by the end of the year or in 2007. Those would include under-capitalized companies with the more speculative properties and who also fare poorly on our ratings system. This ratings checklist...
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