XAO 0.99% 8,153.7 all ordinaries

Boss Resources looks to be in a steady sideways channel for the...

  1. 2,808 Posts.
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    Boss Resources looks to be in a steady sideways channel for the moment, look for a breakout to the upside once the steady selling around 7.2 cents is over.

    The fundamentals of Uranium mean that barring a black swan event, then the Uranium price is bound to go higher over the next 12 months and the Uranium market is so small that once the funds start to get interested then handsome gains should await those that got in early.

    The general thinking seems to be to hold a few different Uranium stocks or even the physical via an ETF to spread the risk. Others on the STT forum have provided lists of suitable Uranium stocks, of which Boss is only one.

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