Hello everyone,
Just noticed this thread, and because I invested in SOLV-EX (oil sands company,now defunct)years ago, it caught my attention.
I lost thousands on SOLV-EX, but I made it back plus more on Russian stocks. I have stayed away from Canadian stocks because of my bad experience, even though I think SOLV-EX was an American security, not really sure now where they were incorporated.
Anyway, as we all know, Canada is hot again due to the global energy crisis. The question is, will there be some pullback, and should I wait until then to enter this bull market?
What I am looking at for the future is, oil sands and uranium. I know of Suncor,(boy do I wish I invested in that instead of SOLV-EX), but I'm not sure when to get into that.
The other stock I have been researching for uranium is, UrAsia Mining which is UUU.V or UAEYF.PK, which looks very interesting. Even though it has had a fast run up, it looks like it has very big long term potential. They have been doing a lot of investing, and have a mining investment in Kazakhstan, which looks to be one of the next "new" major sources of energy after the peak of the legacy oil fields of the 20th century.
Does anyone know of UrAsia Mining, and can make any knowledgable recommendations when to enter, and if it is a relatively safe investment?
Thanks,
Mike
Just noticed this thread, and because I invested in SOLV-EX (oil sands company,now defunct)years ago, it caught my attention.
I lost thousands on SOLV-EX, but I made it back plus more on Russian stocks. I have stayed away from Canadian stocks because of my bad experience, even though I think SOLV-EX was an American security, not really sure now where they were incorporated.
Anyway, as we all know, Canada is hot again due to the global energy crisis. The question is, will there be some pullback, and should I wait until then to enter this bull market?
What I am looking at for the future is, oil sands and uranium. I know of Suncor,(boy do I wish I invested in that instead of SOLV-EX), but I'm not sure when to get into that.
The other stock I have been researching for uranium is, UrAsia Mining which is UUU.V or UAEYF.PK, which looks very interesting. Even though it has had a fast run up, it looks like it has very big long term potential. They have been doing a lot of investing, and have a mining investment in Kazakhstan, which looks to be one of the next "new" major sources of energy after the peak of the legacy oil fields of the 20th century.
Does anyone know of UrAsia Mining, and can make any knowledgable recommendations when to enter, and if it is a relatively safe investment?
Thanks,
Mike
