PRZOOM - /newswire/ -
Sarasota, FL, United States, 2006/06/16 - Many investors invested in the Great Uranium Bull Market speculatively. StockInterview.com has created a 7-point ratings system to help investors determine which companies might be best suited for their degree of investment risk..
StockInterview.com created a 7-point ratings system to help investors determine which companies might be best suited for their degree of investment risk. Senior editor James Finch wrote in his recent article about the rating system, “It’s a guideline you can use, and we’ve not assigned a weight 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 and
(b) be honest in your assessment when you review this data.”
The number one tip, according to James Finch is finding out how much cash the uranium company actually has in the bank. Finch wrote, “Exploration and development are very expensive propositions. Raising money in a down market is very tough.” Finch also cautioned investors about relying on historical uranium resources, which companies may announce, writing, in his article, “One should consider historical resources inadequate for evaluation purposes. They may also be misleading and open to hyperbole.” Finch advised that investors pay attention to the company’s resources, as announced in their National Instrument 43-101 (NI 43-101) filings. Finch wrote of the NI 43-101 document, “This independent geological assessment determines how many pounds of uranium a company’s property hosts. While there are flaws with this system, it can be a workable yardstick.”
StockInterview.com’s rating system evolved during the research for the new book, which will be released this weekend, and is entitled, “Investing in the Great Uranium Bull Market: A Practical Investor’s Guide to Uranium Stocks. Finch said, “We created this rating system to objectively rate the uranium companies featured in our book.”
To read all the key points in James Finch’s 7-point rating system, please visit the Internet news website, StockInterview.com. The Market Outlook Journal feature is entitled, “Rate Your Favorite Uranium Company,” can be found on the journal page.