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BHP Billiton Limited Message Board

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  • MINCE38 MINCE38 Jan 28, 2006 4:02 AM Flag

    Uranium Mining/BHP

    hi cattle,

    Can you tell me how yu know that BHP is sitting on 35% of the worlds uranium supplies? Also, what other uranium stocks are there out there to buy. My research is only uncovering canadian stocks that are not profitable and I dont trust them.

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    • The Olympic Dam is known to have about 1/3 of the world's uranium reserves.

      As for uranium stocks:
      The big one is Cameco (CCJ). I'd beware. I think it's a little overbought at this point.

      I've been looking at some junior uraniums, and picked up Strathmore (STM.V and STHJF.PK) because they have such good holdings.

      Good luck

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