"I am keen to look at investing in the uranium sector as it appears unloved and I know you liked Geiger Counter previously, would you consider now a good time to make an entry into the market and this fund or would you have other suggestions to get exposure to uranium?"

David Fuller's view Well, it is certainly unloved although last month's rally produced some good percentage gains off the lows; buying which I suspect was mainly fuelled by short covering. My concern about the sector is that it will remain below most investors' radar for a good while longer, not least as there is no yield. That said, there is the possibility of some further takeovers within the uranium mining sector.

Consequently, in this post Fukushima period I would only consider the uranium sector as a long-term speculation for which the shares would be best purchased following periods of stock market weakness. Geiger Counter (weekly & daily), which I purchased pre-Fukushima, is mildly interesting because it is an investment trust (closed-end fund) currently selling at 20% discount to NAV and the manager has partially diversified into gold shares. I would not expect much to happen until we see an upturn in the uranium price (weekly & daily).