Since May 16 we are up 30%. To tack on another 20 plus points in the near term would be almost a 90% return (from 37 - 70). I am not saying that it is not possible, but that is an aweful big run given the fact that the price of U308 has only been climbing incrementally. Don't misunderstand me, I like and hold CCJ. It is just that a 90% run in less than 6 months seems a bit ambitious at this point.
P.S. I am assuming that you meant that we would get to $70 in short order. Long term I expect $70 and much more.