Category: Uranium
The analysis published under this category are as follows.
Friday, May 11, 2012
Why Canada’s Deal With China Could Produce A Boom In Uranium Explorers / Commodities / Uranium
By: Jeb_Handwerger
Canadian uranium producers (URA) can now compete with Kazakhstan, Australia and Russia to sell uranium to China. Canada produces about 20% of the world's uranium and exports over 80% of annual production. The fast growing nuclear industry has never been open to China and will create a boom in the Athabasca Basin for uranium explorers.Read full article... Read full article...
Wednesday, May 09, 2012
Small Uranium Stocks Tempt Major Players / Companies / Uranium
By: The_Energy_Report
Investors may still be holding their breath, but larger mining companies aren't waiting around for the price of uranium to go up. No, indeed, they are buying smaller companies on the cheap. In this exclusive interview with The Energy Report, Equity Research Analyst Rob Chang of Versant Partners makes his case for deep value and discusses his favorite plays. With or without Germany and Japan, life goes on for uranium producers.
The Energy Report: Fourteen months after the fact, the biggest story in uranium is still the tsunami that struck Japan and destroyed four nuclear reactors at the Fukushima Daiichi nuclear power station. Japan is attempting to eradicate its dependency on nuclear energy. Are any plants still operating? Will all reactors be shut down in the near future?
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Thursday, April 12, 2012
Cameco Uranium Miner Worth Another Look / Commodities / Uranium
By: Bob_Kirtley
Cameco Corporation (CCJ) is one of the world’s largest uranium producers. It is also the world’s largest publicly traded uranium company. Cameco operates several mines across North America and one in Kazakhstan.
Twelve months on, the fallout from the Fukushima disaster (nuclear and financial) has subsided and the uranium sector has started to see some positive signs once again. The number of reactors globally is expected to increase in coming years, and Japan is even seriously considering reopening some if not all of its reactors.
Friday, March 23, 2012
Next-Generation Nuclear Power / Commodities / Uranium
By: The_Energy_Report
Can the nuclear industry sustain itself with a once-every-ten-years accident frequency? Absolutely not, says Tom Drolet, principal of energy consulting firm Drolet & Associates Energy Services Inc. However, with new reactor technology underway, the industry has an opportunity to show the public it can safely generate reliable, affordable low-emissions energy. In this exclusive interview for The Energy Report, Drolet outlines his vision for U.S. energy policy and how next-generation nuclear energy figures into it.
The Energy Report: Tom, you recently gave speeches in Vancouver and New York City on American energy policy. Please share with us your view of nuclear energy and its role in American power generation.
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Wednesday, March 21, 2012
Cameco and UEC Poised to Profit from a Nuclear Renaissance / Companies / Uranium
By: Money_Morning
Jason Simpkins writes:
Uranium stocks got hammered last year in the wake of the Fukushima disaster.
But now, roughly one year later, uranium mining stocks have finally begun to bounce back... just like we told you they would.
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Wednesday, March 14, 2012
Uranium Mining Market Evolves / Commodities / Uranium
By: The_Energy_Report
With the "Megatons to Megawatts" program scheduled to end soon, uranium market dynamics are shifting. Geordie Mark, a uranium analyst with Haywood Securities in Vancouver, explores the possibilities in this exclusive interview with The Energy Report, emphasizing the industry's strong long-term fundamentals.
The Energy Report: It's been nearly one year since the nuclear disaster in Fukushima, but there's not a lot of blowback from environmentalists or politicians. An index of uranium equities is up 46% from their bottom on Oct. 4, although it's still 50% underwater from a year ago. Has the Fukushima effect dissipated?
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Tuesday, February 28, 2012
Is Uranium Miners Stock Price Rise Forecasting a Near Term Supply Shortfall? / Commodities / Uranium
By: Jeb_Handwerger
We have constantly advocated investments in uranium mining(URA), particularly in friendly jurisdictions such as North America. This support of the nuclear sector (NLR) has often been in the face of formidable attacks by naysayers, using every weapon in their arsenal to denigrate proponents of atomic energy. No other sector in recent memory has had to withstand such a barrage.
Monday, February 06, 2012
Investors Returning To Undervalued Uranium Mining Stocks / Commodities / Uranium
By: Jeb_Handwerger
Gold Stock Trades will not regale you with the growing presence of nuclear facilities throughout the world despite the German (EWG) and Japanese (FXY) negative stance. It is well known that reactors (NLR) are going to come online in increasing numbers and that uranium will be in rising demand. In fact, several reactors (PKN) are being built right here in the United States as well as all over the world.
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Tuesday, January 31, 2012
January Was A Good Month For Uranium and Rare Earth Miners / Commodities / Uranium
By: Jeb_Handwerger
As we predicted, our uranium (URA) and rare earth (REMX) selections are amongst the leaders during this market rebound. Their underlying fundamentals are strong enough on their own to propel this move. In addition, the shorts may be running for cover here. Lastly, the supply demand equation may be taking hold here.
Friday, December 23, 2011
Long-Term Uranium Stock Prospects Supports Rising Trend / Commodities / Uranium
By: The_Energy_Report
At the beginning of 2011, analysts everywhere championed a "renaissance" of nuclear power. The Japanese tsunami and subsequent Fukishima nuclear accident in March challenged market sentiment; spot prices and stocks alike suffered setbacks. The Energy Report has been there for the entire wild ride, interviewing industry experts, sharing sector news and scouting out the best companies for any market. Read on for a retrospective of expert commentary on this still-promising sector.
Wednesday, December 14, 2011
The Uranium Mining Industry Is Alive and Well / Commodities / Uranium
By: The_Energy_Report
The Fukushima disaster cast a shadow on the uranium mining industry, but Dundee Capital Markets Vice President and Senior Mining Analyst David A. Talbot sees very strong fundamentals, especially in the absence of substitutes for nuclear generation. Such a premise suggests that uranium use will rise with growing populations and needs. In this exclusive interview with The Energy Report, Talbot lays out the demand picture in detail and shares the names of his best uranium mining ideas.
Tuesday, December 13, 2011
Uranium Miners: A Once In A Lifetime Contrarian Investment Opportunity / Companies / Uranium
By: Jeb_Handwerger
It has long been a guiding principle of Gold Stock Trades that requires constant reiteration. “To know how to wait is the great secret of success.” At one time in the history of the United States there were great Americans who had little education, but they were endowed with a native intelligence. Will Rogers was one of them. One side of his family was pure Cherokee, the other side was plain hard scrabble Cowboy. When asked from where he got his material, he would look you in the eye and say, “Shucks, I just read the newspapers.” Speaking about investing he would say, “Invest in inflation its the only thing that’s going up.” These words were written in a time very similar to that of today. Political dishonesty, crony capitalism and downright immorality were features of the everyday landscape of his time.
Thursday, November 17, 2011
Why Uranium Prices Are Rising Again / Commodities / Uranium
By: Andrew_McKillop
WHAT GOES DOWN, GOES UP
We must start with the ultra-basic fact there is no such thing as an "open market" for uranium. Prices are reported by a select few nuclear-related organizations (like UXC) on the basis of what nuclear operator companies, power plant builders, uranium miners, and certain other players in the nuclear fuel value added chain decide to disclose as the prices paid or received when uranium and its fuel derivatives are handed over from one player to another, weeks after the event.
Tuesday, November 01, 2011
Uranium Stocks Powering Up / Commodities / Uranium
By: The_Energy_Report
While Germany and Switzerland have made headlines with sudden phase-out plans, world leaders from North America to Africa to Asia have reaffirmed their commitment to nuclear power as a low-carbon, low-cost energy solution. Development plans continue for the industry, and the long-term growth picture shows continued uranium demand. In this exclusive interview with The Energy Report, Rob Chang discusses prospects for both junior and major uranium developers and producers, and which companies could be the next belle of the bidding war ball.
Tuesday, October 25, 2011
Can Germany Support The Eurozone Without Nuclear Energy? / Commodities / Uranium
By: Jeb_Handwerger
Germany (EWG) has taken the path away from nuclear following Fukushima by shutting down their reactors and importing natural gas from Russia (RSX) and nuclear energy from France(EWQ). This move away from nuclear is no way to run a modern industrial nation which has heretofore been the strongest economy in the Eurozone area continuously bailing out their debt ridden neighbors. After this move we hear news that the once burgeoning German economy is grinding to a halt due to a "sharp drop in energy production after the government shut down eight nuclear plants after the Fukushima reactor disaster in Japan."
Wednesday, October 12, 2011
Japan's Tsunami Nuclear Crisis Has Created Uranium Investment Opportunities / Commodities / Uranium
By: The_Energy_Report
The uranium market is still shell-shocked from the tsunami in Japan and the resulting anti-nuclear backlash. But Philip Williams, vice president of business development for investment firm Pinetree Capital in Toronto, is urging investors to dust themselves off and start shopping. Strong fundamentals are still in play and upcoming catalysts could boost suffering uranium equities this year. In this exclusive interview with The Energy Report, Williams discusses which companies he expects will ride the updraft.
Saturday, September 24, 2011
Glowing Prospects for Uranium / Commodities / Uranium
By: Casey_Research
The Western world's skittishness, skepticism and staunch opposition when in comes to nuclear energy won't stand in the way of its production elsewhere in the world. It will be full steam ahead in China, India and other developing nations, says Casey Research Chairman Doug Casey, and the Western world is tiny in comparison. In fact, "I'd say uranium is a great place to be for at least the next generation," he tells us in this Energy Report exclusive. With ever-advancing technology enabling economic recovery in places where it previously wasn't possible, he's also optimistic about natural gas and oil.
Friday, September 09, 2011
Uranium Companies Poised for a Comeback / Commodities / Uranium
By: The_Energy_Report
This year has brought uncertainty for the uranium sector. Since the tsunami and subsequent radiation leaks in Japan, developers and investors are questioning the best steps moving forward. In this exclusive interview with The Energy Report, Edward Sterck, an analyst with BMO Capital Markets in London, updates us on the sector's status and offers advice on the best companies to support in the coming months and years.
Friday, August 26, 2011
Uranium and Potash Stocks on the "Frontier" / Commodities / Uranium
By: The_Energy_Report
Operating out of Uruguay, Carlos Andres' Frontier Research Report provides a vastly different perspective. In this exclusive interview with The Energy Report, he gives us some insights on global mineral exploration and production in areas that are more "out of the way" than what we usually consider. He tells us about two very exciting companies with huge investment potential in projects located in Namibia and Ethiopia.
Saturday, August 13, 2011
China Nuclear Investments, Sleeping Giants In Uranium And Rare Earth Stocks Awakening? / Commodities / Uranium
By: Jeb_Handwerger
As our loyal subscribers are well aware, Gold Stock Trades has long been beating the drums for attention to be paid to the ongoing developments in nuclear (URA) and rare earth stocks (REMX). An important feature of our service is to focus our investment spotlight on what must be considered a vital factor in our modus operandi. Gold Stock Trades may be early in our sectors under review, but as we say in our masthead...we anticipate opportunities.
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Saturday, July 30, 2011
Uranium Bull Market / Commodities / Uranium
By: Zeal_LLC
Nuclear power has been a hot topic of recent. And as a result, the price action of its input commodity has been quite schizophrenic. Investors and speculators are in a state of great wonderment over what to expect from this intriguing mineral that is mined for energy.
Based on its core strategic fundamentals, investors ought to be wildly bullish on uranium’s future. But with a veil of uncertainty cast over it thanks to the tragic Fukushima disaster, should we be looking at the future differently? Of course only time will tell how things play out. But based on cold-hard rationality, my money is on a future where nuclear power is an indispensible part of the world’s energy infrastructure.
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Friday, July 22, 2011
Uranium and Lithium Demand Powers Stocks / Commodities / Uranium
By: The_Energy_Report
Mining Analyst David A. Talbot remains bullish on uranium and sees growing demand for lithium. In this exclusive interview with The Energy Report, he tells us why he believes the nuclear plant building boom will continue worldwide despite the recent setback in Japan. He has positive expectations for select stocks in both arenas.
The Energy Report: Thank you for joining us today David. You last spoke with The Energy Report in late January about the uranium market and the nuclear industry. Two months later we had Fukushima. What is your analysis of the current state of affairs with nuclear and uranium?
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Wednesday, July 20, 2011
Tale Of Two Countries: Two Divergent Nuclear Paths / Commodities / Uranium
By: Jeb_Handwerger
Gold Stock Trades has been observing with great interest the divergent paths in nuclear policy (NLR) being taken right now by two major sovereign nations, France (EWQ) under Sarkozy and Germany (EWG) led by Merkel.
These neighboring countries share little more than a common border. They are embarking upon two polar opposite philosophies regarding nuclear development.
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Wednesday, June 22, 2011
Best Uranium Stocks to Rebound in 2011 / Commodities / Uranium
By: The_Energy_Report
While uranium prices fell after the Japanese earthquake and tsunami, Versant Partners Analyst Rob Chang says in the long term, prices must rise due to a supply shortfall and the economic necessity of using nuclear power. In this exclusive interview with The Energy Report, Chang suggests ways to take advantage of the eventual rebound and highlights some companies that will be the first to see rising stock prices.
Tuesday, June 21, 2011
Kazakhstan's Uranium Industry Could Lose Its Luster / Commodities / Uranium
By: OilPrice_Com
What a difference a year and a tsunami make.
Western investors have been salivating over the post-Soviet space's energy riches since the 1991 collapse of communism. While focusing on the Caspian's hydrocarbon reserves other mineralogical riches awaited development as well, none more so than Kazakhstan's vast uranium deposits.
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Tuesday, June 21, 2011
Uranium Stocks Basing As Fukushima Proves Nuclear Power Is Here To Stay / Commodities / Uranium
By: Jeb_Handwerger
A significant base may be forming in uranium stocks -- seen in the Global X Uranium ETF (URA) -- as Japan's troubled nuclear energy industry passed its first major vote since the Fukushima tragedy. Many of the stocks that make up this etf are down more than 40% such as Uranium Resources (URRE) and Uranium Energy Corporation (UEC). But positive news is beginning to reemerge after three months of naysaying. Fukushima is proving nuclear is here to stay.
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Saturday, June 18, 2011
What Germany’s Political Decision To Exit Nuclear Means For Uranium Mining Stocks? / Commodities / Uranium
By: Jeb_Handwerger
Deutschland (EWG) is taking the wrong road again. It is a decision that is political and irrational motivated in response to the Green Party. It makes one wonder what some politicians do to try to get elected.
The leaders of German Industry have written an open letter stating that the ending of German Nuclear Energy with such "unprecedented haste" gives us increasing worry.
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Thursday, May 19, 2011
Uranium Stocks Sell Off, But there is No Substitute for Nuclear Power / Commodities / Uranium
By: The_Energy_Report
Emotional sell offs of uranium stocks in the wake of the Japanese nuclear disaster created a buying opportunity, says Alka Singh, a mining analyst at Jennings Capital. In this exclusive interview with The Energy Report, she runs down the supply/demand problem that could drive prices to $75/lb.
Friday, April 29, 2011
Uranium Holds Value, The Rich Peoples Food / Commodities / Uranium
By: The_Energy_Report
Worldwide hysteria and the fear factor notwithstanding, Casey Research Chairman Doug Casey still considers nuclear power "by far the safest, cheapest and cleanest form of mass power generation." Sharing his views in this Energy Report exclusive on the eve of a sold-out Casey Research Summit in Boca Raton, Florida, Doug says power generated from wind, sun, the tides and other alternative sources are "very nice special applications but don't work economically unless they're subsidized."
Thursday, April 14, 2011
Peak Uranium - And Other Threats To Nuclear Power / Commodities / Uranium
By: Andrew_McKillop
We have nearly all heard about Peak Oil despite doubts on very basic elements like how we define “oil” compared with oil condensed from natural gas, but the possibility of there simply not being enough uranium to keep present and planned reactor fleets going is new.
Tuesday, April 05, 2011
Uranium Mining Stocks: Sanity to Return as Media-Induced Nuclear Power Fear Subsides / Commodities / Uranium
By: Jeb_Handwerger
The Cassandras of the media beat the drums of fear concerning Japan’s millennial tragedy, which has been a confluence of perfect storms. There has been a great deal of bad news coming out of Japan which the press has spun into a blanket condemnation of the entire nuclear industry. It is only a matter of time until investors recognize that the media is spinning fear that goes beyond Fukushima. Undoubtedly, their tactic's intention is to sell commercial TV time, even if it means destroying a major source of clean, efficient, and safe energy; nuclear is a vital component of clean and independent energy.
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Monday, April 04, 2011
Uranium Prices And Producers Are Poised to Rebound / Commodities / Uranium
By: Money_Morning
Jason Simpkins writes:
Uranium spot prices and shares of uranium mining companies have plunged in recent weeks amid fears that the situation in Japan could deteriorate into a nuclear meltdown on par with Chernobyl.
Investors fear that the explosion and subsequent radiation leaks at the Fukushima nuclear power plant will force other countries to tighten restrictions, or worse, abandon their pursuit of nuclear power as an alternative source of energy.
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Friday, April 01, 2011
Long-Term Uranium Demand Will Continue Despite Japan Nuclear Crisis / Commodities / Uranium
By: The_Energy_Report
The peripatetic Mercenary Geologist Mickey Fulp explains that even if all under-construction and planned nuclear facilities are suspended, not enough uranium is being mined currently to supply ongoing demand. In this exclusive interview with The Energy Report, Mickey reveals a number of companies poised to benefit from this long-term fundamental upside.
Saturday, March 19, 2011
Excellent Investment Opportunities In Nuclear And Uranium Stocks / Companies / Uranium
By: Jeb_Handwerger
There's an old saying in investing: Buy a winter coat in the summer. Uranium stocks are certainly out of season and deeply discounted. Media coverage has shifted from the destruction of the earthquake to the negative aspects of nuclear energy. Nothing puts fear into the public more than green men in radiation outfits. The media has taken this opportunity to capitalize on the fear of the masses. This has resulted in devastating sell-offs in the uranium mining sector such as in uranium (Global X Uranium ETF (URA)) and nuclear energy ETFs (Market Vectors Uranium+Nuclear Energy ETF (NLR)), which has seen its most severe decline in its short history.
Friday, March 18, 2011
Uranium Future Remains Intact Despite Japan Nuclear Meltdown / Commodities / Uranium
By: The_Energy_Report
Even in the face of problems at Japan's Fukushima Dai-Ichi nuclear reactor following a massive earthquake and tsunami, Jennings Capital Mining Analyst Alka Singh takes a positive long-term view on uranium prices. In this exclusive interview with The Energy Report, Alka explains why uranium demand will increase globally in the next two years and offers a few companies poised to capitalize on that need.
Thursday, February 17, 2011
Spare Cash? Park It in Uranium / Commodities / Uranium
By: The_Energy_Report
BMO Capital Markets Mining Analyst Ed Sterck projects a very moderate $60/lb. uranium price in 2011, but that shouldn't stop you from investing in the uranium space. "This is a sector that is very prone to sentiment and, at the moment, the sentiment is building toward the possibility of a price spike," he says. He also expects to see more M&A activity in the sector, particularly among uranium juniors with reasonably priced projects. Read on to find out which companies Ed likes in this exclusive interview with The Energy Report.
Friday, February 11, 2011
Uranium to Cross $100 Threshold in 2011 / Commodities / Uranium
By: The_Energy_Report
Philip Williams, Pinetree Capital's VP of business development, says the spot price for uranium will likely explode above $100/lb. in 2011, much as it did in 2007 when it topped at $137. The good news, Philip says, is that even when uranium comes off its high, it will likely only fall to around $80. It's around $73 now. If Philip's right, we're on the cusp of another round of uranium market madness. And you will want to read this Energy Report exclusive for some of Pinetree's favorite uranium and lithium plays.
Tuesday, January 25, 2011
This Time, Uranium Demand Is for Real / Commodities / Uranium
By: The_Energy_Report
Mining Analyst David Talbot of Toronto, Ontario-based Dundee Securities, sees demand for uranium rising far into the future. He points to the extraordinary buildout of infrastructure in India, Russia and especially China, where the number of reactors currently under construction could triple the number already in use, and where growth could increase 14- to 15-fold a decade from now. Dave shares his extensive knowledge and field experience with The Energy Report and leaves readers with a few interesting ideas that present tremendous potential for growth.
Friday, January 21, 2011
Investors Should Bet on Uranium for 2011 / Commodities / Uranium
By: Jordan_Roy_Byrne
The spot price of Uranium as reported by UXC.com, just hit $68/lb. It is up nearly 70% since June, but remains only half the level of its peak back in 2008. In the early phase of the commodity bull market, Uranium ran from $7/lb to $140/lb. Interest in uranium and the uranium stocks is picking up after a nearly 3-year long bear market. Uranium is an intriguing bet for 2011 and beyond because of the supply/demand situation and because of the value at the current price.
Friday, January 14, 2011
The Rendezvous Date for Junior Uranium Miners In Wyoming / Companies / Uranium
By: Jeb_Handwerger
How did the world champion chess players take over prime mining land in Wyoming and Texas in a brilliant tactical maneuver? Well, who would’ve thought it? Broad daylight and without a shot being fired, Russians have taken possession of rich American uranium assets. How they managed to do this might require the skills of a Sherlock Holmes in unraveling a labyrinthian maze. A description of the end game follows: About a year ago, the directors of Uranium One listed on the Toronto Stock Exchange as UUU and on the Nasdaq as SXRZF were abruptly informed by the Kazakhstan Government that their uranium properties were to be expropriated. The directors immediately flew out to the capital for an emergency meeting.Read full article... Read full article...
Friday, January 14, 2011
Bright Future for Uranium Stocks? / Companies / Uranium
By: The_Energy_Report
Mark Lackey, with Toronto-based financial services company Pope & Co., admits he's in the minority. He believes the Street is too optimistic about production in Saskatchewan and Kazakhstan heading off a uranium shortage. In this exclusive interview with The Energy Report, Mark explains why he believes Cigar Lake won't save the day and why uranium could hit $100 a pound.
Wednesday, December 22, 2010
Uranium Is Still a Growth Industry / Commodities / Uranium
By: The_Energy_Report
Rodman & Renshaw Senior Analyst Alka Singh follows the entire mining sector, including uranium. Though just a year ago the uranium sector was considered stalled and possibly moribund, she finds undervalued stocks for her clientele that includes both small and large institutional investors. In this exclusive interview withThe Energy Report, Alka generously shares some names for growth that investors might consider to take advantage of burgeoning energy demand that will surely include nuclear power plants all over the world.
Saturday, December 04, 2010
Investors are Making Huge Gains from Uranium and the Move Has Just Started / Commodities / Uranium
By: DailyWealth
Chris Mayer writes: Uranium, the feedstock for nuclear reactors, is finally making its move...
From a low of about $40 per pound in the summer, uranium spot prices recently graced $53.50 – an increase of 32% since the lows of June. It's now challenging two-year highs.
Tuesday, November 30, 2010
Uranium Price Hits 2 Year High, URZ Doubles in a Month / Companies / Uranium
By: Jeb_Handwerger
In 1883, an historic cataclysm of 10 days that shook the world and vaporized Krakatoa, an island between Java and Sumatra. An umbrella of ash rose 50 miles high and sent sonic reverberations 7 times around the world. Deaths numbered 120,000. Scientists of that time were awed by the magnitude of nature’s forces that were being unleashed. They speculated that one day ways would be found to harness this energy.
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Tuesday, November 23, 2010
Gold Dominates the Headlines But the Smart Money is Flocking to Uranium / Commodities / Uranium
By: The_Energy_Report
Gold has dominated a lot of headlines lately, so when Bruno del Ama of Global X Funds launched an exchange traded fund (ETF) focusing on the precious metal and another on uranium, he was confident about which one would set off at a sprint. Yet surprisingly, sales of the Global X Uranium ETF have reached $65 million since its launch on Nov. 4, making it one of the most successful ETFs this year. In this exclusive interview with The Energy Report, Bruno discusses why the smart money is chasing uranium.
Sunday, November 07, 2010
Uranium and Nuclear Power Investing Mega-trend For the Next Decade / Commodities / Uranium
By: Nadeem_Walayat
Ten years ago the investment mega-trends to get on board where the emerging markets and commodities such as Gold, all clear in hindsight you might say, so what about the mega-trends for the next decade ?
Friday, November 05, 2010
The United States Needs Uranium, Investors Alert on URZ / Commodities / Uranium
By: Richard_Mills
Uranium, a naturally occurring radioactive element is fairly common in the Earth's crust, groundwater and seawater. Usually found in concentrations of 2-4 parts per million (ppm) it's as common as tin, tungsten, molybdenum, etc. A 1.4 kilometer by 1.4 kilometer area of ground - the equivalent of 640 acres - being .3 meters deep, will contain almost a tonne of uranium.
Thursday, October 28, 2010
Uranium and Mining Stocks Recovering / Commodities / Uranium
By: The_Energy_Report
Uranium has been radioactive for investors who have stayed away in droves since the metal crashed into a prolonged slide beginning in early 2007. Now in a cautious recovery mode from multi-year lows, Haywood Securities Senior Analyst Geordie Mark says a rising uranium price is the driver for select mining companies. In this exclusive interview with The Energy Report, Geordie discusses uranium demand and brings some specific ideas to the table for investors.
Wednesday, October 27, 2010
Will 'Megatons To Megawatts' Solve The Uranium Supply Pinch ? / Commodities / Uranium
By: Andrew_McKillop
MEGATONS TO MEGAWATTS
World uranium supply deficit, currently running at about 12 500 to 15 000 tons (2010 mine and supply forecasts relative to demand forecasts), or about 20 percent, is covered from sources especially including stocks held by mining companies, power plant operators and builders. This massive deficit is also partly covered, perhaps by 4 000 tons of uranium equivalent per year, with recycled and diluted highly radioactive wastes including plutonium that are converted to so-called MOX fuel (Mixed OXide), almost exclusively in France and the UK.
Wednesday, October 06, 2010
The Third Uranium Boom / Commodities / Uranium
By: Madison_Avenue_R
Mark Steen knows uranium, besides receiving formal education at the Mackey School of Mines, he is the son of Charlie Steen whom is credited with making the first big uranium discovery in 1951 on the Colorado Plateau. He has had a long time interest in the geology of uranium ore deposits and the history of uranium exploration. As a result of his father’s discovery the Four Corners (Utah, Colorado, New Mexico, Arizona) area opened up and prospectors and geologists started looking for sandstone hosted uranium deposits throughout the Colorado Plateau.Read full article... Read full article...
Thursday, September 30, 2010
Uranium's Upside Investment Potential / Commodities / Uranium
By: The_Gold_Report
While the prices of gold and silver are reaching death-defying heights, uranium stocks are waiting in the wings. In this exclusive interview with The Gold Report, Sid Rajeev, head of research for Fundamental Research Corp. in Vancouver, exposes the reasons why now-stagnant uranium plays have more upside than gold or silver. He and his research associate Vincent Weber uncover some plays that allow investors to take advantage of all three.
Monday, August 30, 2010
Red Books And Yellowcake - The Permanent Quest For Uranium / Commodities / Uranium
By: Andrew_McKillop
The nuclear industry, both military and civil has been short of uranium since the start. Enrico Fermi's very first experimental plutonium brewing Manhattan Project reactor was built under a New York City football stadium in 1941, to produce radioactive explosives for the USA's first atom bomb. This tiny reactor of a few kiloWatts power contained a few dozen kilograms of enriched uranium and produced only milligrams of plutonium, which was feverishly gathered and stored.
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Friday, July 30, 2010
New Uranium Bull Market? / Commodities / Uranium
By: Justice_Litle
Uranium soared from $10 a pound in 2000 to a stunning $136 a pound in 2007 - and then the bottom fell out. After three lean years, could another bull market be ahead?
According to the Ux Consulting Company, which tracks the price of uranium, the July 26 weekly spot price for U308 was $46 per pound. That is a 15% spike from the February lows around $40 per pound.
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Thursday, July 22, 2010
Solving the Uranium Price Puzzle / Commodities / Uranium
By: The_Gold_Report
Apparently flouting the law of supply and demand and mystifying experts and analysts alike, depressed uranium prices present some excellent bargain-hunting opportunities for investors, according to Mercenary Geologist Mickey Fulp. In this exclusive interview with The Energy Report, Mickey shares some thoughts about his favorite players in the uranium space. He's also keeping an eye on natural gas stocks.
Tuesday, July 20, 2010
Uranium Investing Plays / Commodities / Uranium
By: The_Energy_Report
You don't hear a lot of talk about uranium these days. It's just not as sexy as gold or silver. But with a host of reactors slated for construction, the sector is rife with opportunities. Haywood Securities Analyst Geordie Mark visits numerous uranium projects each year, researching plays at all levels. In this exclusive interview with The Energy Report, Geordie tells us why he's given "sector outperform" ratings to no less than 11 companies. It could be the most comprehensive global roundup of uranium plays anywhere
Friday, July 16, 2010
Why Uranium Prices Will Rise / Commodities / Uranium
By: Andrew_McKillop
NUCLEAR RENAISSANCE, URANIUM SHORTAGE -
After a long lost decade, stretching from shortly after the Chernobyl catastrophe of 1986, to around 2003, the nuclear renaissance is in full flood: the pro-nuclear World Nuclear Association (formerly the Uranium Institute) reports that as of July 2010 at least 55 new reactors are under construction in 13 countries. Power capacity added through 2010-2020 is forecast at a minimum of about 75 GW, with other estimates extending far beyond 100 GW.
Thursday, June 17, 2010
Why Uranium Will Make Someone Rich / Commodities / Uranium
By: OilPrice_Com
Uranium is a very unusual sector. For one, it's small. So small, that at one point in history top-producing nations like Canada and France tried to form a uranium cartel to control prices for the metal. The "uranium OPEC" failed. But production today is de facto controlled by a handful of companies.
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Wednesday, May 05, 2010
Uranium, Junior Resource Stocks Investor Success Follows Management Success / Commodities / Uranium
By: Richard_Mills
One of the soundest strategies for investing in junior resource stocks is investing in management with a proven track record in creating value for their shareholders.
Investors follow these successful mine builders from company to company, year after year, as they build and sell off their success stories to larger companies.
Read full article... Read full article...
Thursday, April 29, 2010
Uranium Demand Outstrips Supply / Commodities / Uranium
By: The_Energy_Report
Encompass Fund founders Malcolm Gissen and Marshall Berol see the demand for uranium continuing to increase in the coming years, meaning an increase in uranium prices. As more nuclear power plants come online around the world, the need for more uranium will increase. In this exclusive interview with The Energy Report, Malcolm and Marshall talk about the uranium companies they think provide good opportunities for investors, as well as opportunities in other energy sectors.
Saturday, April 17, 2010
Uranium, Part of the Energy Crisis Solution / Commodities / Uranium
By: The_Energy_Report
President Obama has called for the development of more nuclear reactors in the coming decades. Discovery Investing pioneer Dr. Michael Berry says for that plan to work, uranium has to be part of the solution. In this exclusive interview with The Energy Report, Michael talks about the need for more uranium mining in the United States. He also explains why right now an investment in energy metals is a safer bet than investing in industrial metals.
Friday, February 26, 2010
Why Uranium Commodity Price Rise is Inevitable / Commodities / Uranium
By: DailyWealth
Chris Mayer writes: In the most recent issue of my Special Situations advisory, I showed my readers the most compelling resource investment around. I've spent the past month digging into this story and looking for the best opportunities. Here's what I've found.
The most compelling thing about uranium is probably best expressed in the chart below...
Monday, December 14, 2009
China as a Nuclear Power Play / Commodities / Uranium
By: Frank_Holmes
Romeo Dator writes: Like all major economies, China is preparing for its energy future to accommodate rapid growth and the movement of more and more Chinese to cities. The foundation of the nation’s electricity generation plan is coal, but with loud calls coming from around the world for China to cut its output of greenhouse gases, a significant portion of new power will be nuclear.
Monday, November 30, 2009
Iran’s Nuclear Ambitions Highlight Kazakhstan’s Uranium Potential / Commodities / Uranium
By: OilPrice_Com
One bonus of the global recession is that it wiped a lot of incompetent hedge fund managers and energy speculators from the canyons of Wall Street. As the Gordon Gecko sycophants regroup and look for the next Big Thing, maximizing profit while minimizing risk, the landscape looks very different than it did a year ago. In such a climate, it is uranium, not oil and natural gas that would seem to have the brightest future for one simple, overriding capitalist principle – supply and demand. Read full article... Read full article...
Friday, August 28, 2009
Uranium Investing for a Nuclear Powered World / Commodities / Uranium
By: Richard_Mills
Uranium Investing for a Nuclear Powered World
As a general rule, the most successful man in life is the man who has the best information
Friday, August 14, 2009
Uranium, Looking at the Big Picture / Commodities / Uranium
By: The_Gold_Report
The exogenous events significantly boosting uranium demand for China and India are far greater than the minimal and distant "ifs" of private sector reactor delays. Not to mention China has actually boosted reactor construction, while India made no delays and entered the world market. "Investors need to look at the big picture of the sector," says analyst Merrill McHenry, MBA, CFA, who presents Energy Report readers with an educational and thought-provoking overview of U308's fundamentals and future in this exclusive written interview.
Thursday, August 06, 2009
Uranium Will Rebound with Economy / Commodities / Uranium
By: The_Gold_Report
The Energy Report checked in with Barbara Thomae, Senior Mining Analyst with the MineralFields Group, who says that they believe the economic recovery will spur reinvestment into the uranium sector, especially once uranium prices strengthen in line with other commodities. She says her firm's prudent portfolio picks (overweight in uranium and heavily overweight in gold juniors) have enabled them to have the best performance track record among all flow-through limited partnership groups for the past four years. Read on.
Thursday, June 18, 2009
Mickey Fulp, Mercenary Geologist: Uranium Demand is There / Commodities / Uranium
By: The_Gold_Report
Well-known and highly regarded throughout the mining and exploration community, Mercenary Geologist Mickey Fulp returns to discuss the brightening prospects for uranium and natural gas with The Energy Report readers. A Certified Professional Geologist, Mickey says he's comfortable focusing his hard-earned dollars in junior and mid-tier uranium companies working in the U.S. and Canada.
Thursday, June 04, 2009
North American Uranium Investing / Commodities / Uranium
By: The_Gold_Report
Investment Analyst Marin Katusa, senior editor of Casey Energy Opportunities (CEO) and Casey Energy Confidential (CEC), brings uranium's prospects into focus for The Energy Report readers in this exclusive interview. He waxes enthusiastic about potential 10-baggers in the U.S. (and one 10-bagger already in the U.S. uranium portfolio) and the five companies he ranks among the top players in Canada's Athabasca Basin—"the best real estate in the world for uranium." Next week, Marin will return with colleague Dr. Marc Bustin to talk about other sectors in the energy market.
Wednesday, May 27, 2009
Russia Expands Role in U.S. Energy Sector with Uranium Deal / Commodities / Uranium
By: Money_Morning
Jason Simpkins writes: Russia (Tuesday) will begin selling enriched uranium directly to U.S. utilities, a development that will give the fuel supplier an expanded role in the U.S. energy sector for decades to come.
Saturday, May 16, 2009
World Uranium Supply-Demand to Remain Tight / Commodities / Uranium
By: The_Gold_Report
A worldwide dearth of uranium mines and highly skilled metallurgical teams to mine it has investors seeing yellow (cake, that is). "The thing with uranium is it's easy to dig up but hard to get out," says Simon Tonkin, who covers base metals, including uranium, at Thomas Weisel Partners. In this exclusive interview with The Gold Report, Simon discusses emerging challenges in the uranium sector and the deficits he foresees in the global race for supply.
Wednesday, April 08, 2009
The Return of Nuclear Power Means Uranium Long-term Investing Opportunity / Commodities / Uranium
By: Money_Morning
Don Miller writes: It's been 30 years since the meltdown of a reactor at the Three Mile Island nuclear power plant also caused a meltdown in the U.S. commercial nuclear power business.
Even though no one was seriously injured - and only a small amount of radiation leaked into the air above eastern Pennsylvania - the March 28, 1979 accident put the perils and mysterious nature of nuclear energy squarely in the spotlight and cast a pall over the industry from which it never recovered.
Read full article... Read full article...
Wednesday, January 28, 2009
Uranium Stocks Remain in Deep Sleep / Commodities / Uranium
By: Merv_Burak
Boy, this is one frustrating market. The uranium stocks just seem to be trapped in a deep sleep and are hesitant to wake up. I guess that is still preferred seeing as how the spot price of uranium U308 dropped $3.00 this week. Going by that we are still lucky that the stocks have not plunged. Read full article... Read full article...
Friday, January 09, 2009
Sheldon Inwentash: Investment Opportunities Abound in Uranium Sector / Commodities / Uranium
By: The_Gold_Report
With more than 20 years of experience in the investment industry, Sheldon Inwentash, chairman and CEO of both Mega Uranium and Pinetree Capital, sheds some light for The Energy Report on what he sees as "tremendously positive signs" for the future of uranium. Inwentash says this is one of the best buying opportunities we'll ever see because there are so many companies with qualified assets trading at a discount to cash. We spoke with Mr. Inwenstash in mid-December. Excerpts from the interview are below. Read full article... Read full article...
Wednesday, December 24, 2008
Uranium Investing- Analysts Forgot Yellow Cake / Commodities / Uranium
By: Oxbury_Research
Nicholas Jones writes: The financial analytical business is one of comic and irony. During prospering economic times, the aggregate success of financial analysts' ability to make their clients money is very high on a percentage basis.
When the economic worm turns, the field of financial analysis turns into this sort of absurd puppet show. It's really a simple notion. It's just easier to make money in bull markets.
Read full article... Read full article...
Wednesday, May 21, 2008
Uranium Stocks- The Alternative Energy Bargain / Commodities / Uranium
By: Money_and_Markets
Sean Brodrick writes: All eyes are on oil as the price of crude trends higher and higher. But one of the rules of smart investing is to look at things others have ignored or written off, because you might find real bargains there.
And this may be a good time to look at a sector we haven't looked at in a long time: uranium and nuclear power. Why? Because as oil prices dominate the headlines, the smart money is looking at uranium. As a result ...
Read full article... Read full article...
Wednesday, May 21, 2008
Uranium Stocks Upside Breakout / Commodities / Uranium
By: Merv_Burak
AND AWAY WE GO. The box that has been such a confining feature of the Index action for so many weeks has been decisively broken, on the up side. The Index made a sharp upside move, and with significant volume action. All looks gung-ho for a good rally, maybe even a reversal of long term trend although that will still require much more work. However, let's calm down for a few minutes and see exactly what the charts and indicators are really telling us.
Read full article... Read full article...
Friday, May 16, 2008
Uranium Stocks Continue Bearish Roller Coaster Ride / Commodities / Uranium
By: Merv_Burak
Note that the volume is an average volume of round lot sales for the 50 component stocks. For total volume, multiply by 5000.The roller coaster continues. Today is an up day, tomorrow ?? Read full article... Read full article...
Friday, May 02, 2008
Uranium Stocks Index Trend Still Bearish / Commodities / Uranium
By: Merv_Burak
I keep looking at the chart to see if there is something bright to write about but nothing, at least nothing of any real significance. There are some signs that things might be getting brighter but they would be signs mostly in my mind rather than anything concrete. I guess the most positive action one can grab on to is the fact that once the Index fell below that “box” that it was in for so long, that the Index hasn't yet dropped like a rock, as might have been expected. I'm hoping things do perk up soon because as long as things remain bearish readers start to lose interest and sooner or later I'll end up writing these commentaries only for myself.Read full article... Read full article...
Wednesday, April 16, 2008
Uranium Stocks Bottom Update / Commodities / Uranium
By: Jordan_Roy_Byrne
Two months ago I penned an editorial calling bottom on the uranium stocks. Technically I saw many stocks deeply oversold yet positive momentum was starting to build. A few months later and the positive momentum divergences have continued to build. A few U stocks did indeed bottom but more have made slight new lows. While we need price to confirm a bottom it is important to note that forming significant bottoms can be a timely process. Read full article... Read full article...
Monday, April 14, 2008
Uranium Bull Market: Not Over Yet / Commodities / Uranium
By: Jennifer_Barry
When it bottomed at $7 per pound in 2001, uranium was one of the most derided commodities on earth. The most common associations with uranium were Chernobyl and bombs. Environmental protesters were calling for the shuttering of nuclear reactors, and plants continued to be mothballed.
What a difference six years has made. Uranium rocketed from less than the cost of a pizza to $138 per pound in June 2007. Articles appeared in financial publications like MoneyWeek and Forbes on investing in this “white-hot” market. Dr. Patrick Moore, a co-founder of Greenpeace, started supporting nuclear plants as a clean and safe fuel. Even oil producers such as Egypt and Saudi Arabia have expressed interest in nuclear power. 1
Read full article... Read full article...
Thursday, April 10, 2008
Uranium Stocks Outlook Looking Brighter / Commodities / Uranium
By: Merv_Burak
Every day looks brighter and brighter. With another up day in the uranium stocks the trend is changing although we still have a ways to go to be all gung-ho bullish. The Merv's Daily Uranium Index closed higher by 0.062 points or 2.21%. There were 26 winners, 20 losers and 4 unchanged. Of the five largest stocks Cameco gained 4.8%, Denison gained 7.1%, First Uranium lost 0.9%, Paladin lost 1.1% and Uranium One lost 0.2%. Although the losses were small we still have three of the five largest stocks moving lower.Read full article... Read full article...
Wednesday, March 19, 2008
Uranium Stocks Bearish Trend With Potential for Bottom Formation / Commodities / Uranium
By: Merv_Burak
Another downer of a day for the uranium stocks but looking at the chart it looks more like the start of a reversal activity than a continuation of a bear. Yes, the Index did close lower but the daily action stayed within the confines of yesterday's activity. A real down day would be a close below yesterday's low. Anyway, the Merv's Daily Uranium I ndex closed lower by 0.051 points or 1.67%. There were 20 winners, 25 losers and 5 unchanged.Read full article... Read full article...
Thursday, March 13, 2008
Uranium Stocks Trend Remains Bearish Despite Recent Rally / Commodities / Uranium
By: Merv_Burak
Another up day but nothing to celebrate. The Merv's Daily Uranium Index closed higher by 0.027 points or 0.82%. There were 27 winners, 19 losers and 4 unchanged. Of the top five based upon market value, Cameco gained 1.9%, Denison gained 5.9%, First Uranium was unchanged, Paladin gained 4.2% and Uranium One gained 4.9%. The best performer was Energy Fuels with a 24.1% gain while the worst performer was Aurora Energy with a loss of 8.8%.Read full article... Read full article...
Wednesday, March 05, 2008
Uranium Stocks Rally Comes to an End as Downtrend Reasserts Itself / Commodities / Uranium
By: Merv_Burak
That nibble, nibble just turned into a big bite. It looks like the rally has come to an end with the direction of least resistance being once more to the down side. The Merv's Daily Uranium Index closed lower today by 0.084 points or 2.36%. There were 8 winners and a whopping 36 losers. I was hoping against hope we would be getting these figures but in the reverse order. 6 stocks closed unchanged on the day. As for the majors, they all closed lower. Cameco lost 0.9%, Denison lost 4.1%, First Uranium lost 1.0%, Paladin lost 0.9% and Uranium One lost 2.6%. The best performer of the few that closed on the up side was Bayswater Uranium with a gain of 5.2%. The worst performer was Uracan Resources with a loss of 15.7%.Read full article... Read full article...
Thursday, February 28, 2008
Uranium Stocks Frustrating Trend / Commodities / Uranium
By: Merv_Burak
1% here and 1% there but still we're not getting anywhere. It's a little frustrating waiting for some significant action but all we get is nibble, nibble. The Merv's Daily Uranium Index was up another 0.037 points or 1.05%. Looking at the chart that still hasn't gotten us where I would like to see the Index, that is, decisively through those resistance levels and on into new rally highs. But no, it's nibble, nibble. There were 25 winners on the day and 24 losers with one unchanged. You can't get much closer to a neutral day than that. Still no run-away winners (or losers).Read full article... Read full article...
Thursday, February 21, 2008
Uranium Stocks Await Breakout From Consolidation Area / Commodities / Uranium
By: Merv_Burak
The Index close was on the up side again but almost everything else was telling me the market was more down than up. The potential topping activity is still evident on the chart. Although the close was on the plus side the daily high and daily low were both lower than yesterday's values. Although I have drawn a resistance line from the top of the mid-Jan activity maybe the early Feb highs are really the resistance, at least they are so far.Read full article... Read full article...
Wednesday, February 20, 2008
Uranium Stocks Hit Bottom - Time to Buy? / Commodities / Uranium
By: Jordan_Roy_Byrne
Over the past six months Uranium stocks had fallen completely off the radar. It had been months since I last wrote about them in my newsletter. Such can occur when a major peak develops and devastating declines ensue. The combination of the subprime mortgage meltdown and ensuing credit crisis combined with a rapid 40% decline in the spot uranium price inflicted collateral damage on the entire sector. Only a few stocks were able to avoid more than a 50% decline. However, over the past few weeks selling pressure has finally abated and given way to classic bottoming patterns in many of the uranium stocks. Last week's action was especially encouraging as many stocks rebounded on rising volume from successfully tested bottom points.Read full article... Read full article...
Friday, February 15, 2008
Uranium Stocks Attempting to Build a Base / Commodities / Uranium
By: Merv_Burak
The uranium stocks are continuing to look better and better, although not yet completely gung-ho. The Merv's Daily Uranium Index closed up once again, today with a gain of 0.071 points or 2.14%. Most of the largest five stocks did even better. Cameco gained 2.5%, Denison gained 2.1%, First Uranium was a loser again with a loss of 1.7%, Paladin gained 5.2% to close above that down trend line mentioned in the Paladin review today and Uranium One closed higher by 2.4%., One is again starting to see the wide difference between the best and the worst. The best performer was Energy Fuels with a gain of 27.4% while the worst performer was Bayswater Uranium with a loss of only 5.5%.Read full article... Read full article...
Friday, February 08, 2008
Uranium Stocks Continue to Trend Lower - Have a Beer! / Commodities / Uranium
By: Merv_Burak
Another small loss for the uranium stocks. Last time we had four in a row the fifth day was the worst. Let's hope that history does not always repeat. The Merv's Daily Uranium Index closed down 0.019 points or 0.59%. The winners perked up a bit with 16 stocks on the up side, 30 stocks on the down side and 4 unchanged. Cameco gained 0.7% while Denison lost 5.1%, First Uranium closed unchanged, Paladin lost 3.1% and Uranium One down 3.2%. The best gainer on the day was Magnum Uranium with a gain of 8.0% while the worst loser was Uracan with a loss of 9.5%.Read full article... Read full article...
Friday, January 18, 2008
Uranium Stocks Bearish Chart Signals / Commodities / Uranium
By: Merv_Burak
Boy, there are going to be some good bargains after all this is over, but it's not all over yet. Another bad day at the markets. The Merv's Daily Uranium Index closed lower by 0.158 points or 4.17%. It just feels like things are getting worse every day. There were only 3 stocks that closed higher today while 44 (out of 50) closed lower. There were 3 unchanged. As for the biggies, they all have seen better days. Cameco lost 4.2%, Denison lost 4.0%, Paladin lost 6.2%, UEX lost 4.7% and Uranium One lost 4.0%. The best performer of those three winners was Western Uranium with a 9.4% gain (not bad for a crummy day) while the worst performer was Alberta Star with a loss of 14.7%.Read full article... Read full article...
Wednesday, January 09, 2008
Uranium Stocks in Still a Gamblers Market / Commodities / Uranium
By: Merv_Burak
Another down day for the uranium stocks. There still seems to be no end to the decline but on the other hand the decline is still in a predictable and acceptable mode. Even some more downside would not change the basic intermediate or long term prognosis. But first, a rundown of what has happened on the close.Read full article... Read full article...
Friday, January 04, 2008
Uranium Stocks Rally Continues into 2008 / Commodities / Uranium
By: Merv_Burak
Well, the rally continues. The Merv's Daily Uranium Index of 50 stocks closed with a gain of 0.059 points or 1.37%. There were 36 winners, 12 losers and 2 unchanged. A three to one ratio of winners to losers is not bad for a day's work. The largest five stocks by market value did even better. Cameco gained 1.5%, Denison gained 3.9%, Paladin gained 4.6%, UEX gained 6.9% and Uranium One gained 5.7%. The best performer today was Formation Capital with a gain of 19.7% while the worst performer was Magnum Uranium with a loss of 9.6%, this after I just posted a gambler's recommendation on it. How's that for timing of the wrong kind. Looking at the chart the negative move is still well within its daily chart up trend (see the chart below).Read full article... Read full article...
Monday, December 24, 2007
Uranium Stocks - This is Still a Gamblers Market / Commodities / Uranium
By: Merv_Burak
It's been a great week for some uranium stocks and still a bummer for others. The Merv's Weekly Uranium Index closed the week at 9398.03, up 582.27 points or 6.60%. Of the 50 component stocks, 29 were winners while 20 were losers. There was one stock unchanged on the week. As for the five largest stocks, they were mixed. Cameco gained 7.4%, Denison gained 0.5%, Paladin lost 5.2%, UEX lost 7.7% and Uranium One gained 4.3%. The best weekly performer was Alberta Star with a gain of 84.0% while the worst performer was Triex Minerals with a loss of 14.3%.Read full article... Read full article...
Friday, December 21, 2007
Uranium Stocks Short-term Trend Improves / Commodities / Uranium
By: Merv_Burak
Well, that's two days in a row. Maybe we have the start of a rally. The Merv's Daily Uranium Index closed up for another day, up 0.106 points or 2.69%. There were a few more winners and a few less losers as requested yesterday. 34 stocks ended the day on the up side while 13 stocks ended the day on the down side. 3 stocks didn't go either way. Unfortunately, we had a mixed day for the five largest stocks. Cameco closed higher by 4.6%, Denison closed higher by 1.2%, Paladin closed lower by 0.4%, UEX closed lower by 0.6% and Uranium One closed higher by 1.2%.Read full article... Read full article...
Thursday, December 20, 2007
Uranium Stocks Rally in Attempt to Break Bearish Trend / Commodities / Uranium
By: Merv_Burak
Well, it's a start, now if we can only have a few more days like this, or better, we just might get a rally going. The Merv's Daily Uranium Index was up 0.085 points or 2.21% on the day. There were 29 winners and 16 losers with 5 unchanged. It would be nice to see a few more winners and a few less losers, but we will take what we get. Of the five major stocks, Cameco gained 3.5%, Denison gained 0.5%, Paladin, the only loser of the bunch, lost 0.9%, UEX gained 5.4% and Uranium One gained 1.0%. The best daily performer of the 50 component stocks was Triex Minerals with a gain of 23.4% while the worst performer was Pele Mountain with only a 4.8% loss.
Read full article... Read full article...
Sunday, December 16, 2007
Uranium Stocks Momentum Still Bearish / Commodities / Uranium
By: Merv_Burak
Ho-Hum, another day and another bummer. We are getting close to a potential break-out but unfortunately that could be on the down side. The Merv's Daily Uranium Index closed lower by 0.068 points or 1.61%. That may not sound like much but as with water torture little drops on your forehead may not sound like much but after a while it's hell. There were only 9 stocks closing higher on the day while 36 stocks closed lower. 5 stocks remained unchanged. All of the biggies closed lower. Cameco lost 0.4%, Denison lost 1.9%, Paladin lost 3.0%, UEX lost 2.6% and Uranium One lost 1.9%. The best performer on the day was Nuinsco with a miserly 5.5% gain while we had two worst performers, Pele Mountain and UNOR, both with 10.0% losses.Read full article... Read full article...
Wednesday, November 21, 2007
Uranium Stocks Maintain Bearish Intermediate Term Trend / Commodities / Uranium
By: Merv_Burak
I guess we should give thanks for small mercies. That's one up day in a row, maybe we can go for two. The Merv's Daily Uranium Index closed higher by 0.051 points or 1.18%. In uranium terms that's not so hot. Of the 50 component stocks we had 20 that closed higher, 24 that closed lower and 6 that were unchanged. Of the five largest stocks by market value, Cameco gained 2.2%, Denison gained 0.1%, Paladin lost 0.3%, UEX gained 1.8% and Uranium One gained 1.0%. Quaterra was the best daily performer with a gain of 19.7% while Titan Uranium was the worst with a loss of 9.3%.Read full article... Read full article...
Thursday, November 15, 2007
Uranium Stocks Continue to Drift Lower / Commodities / Uranium
By: Merv_Burak
Another dull uranium trading day but it just might get more interesting. For the day the Merv's Daily Uranium Index closed up 0.44 points or 0.96%. There were 30 stocks on the up side, 15 stocks on the down side and 5 on no side. As for the performance of the top five stocks by market value, Cameco gained 1.0%, Denison lost 1.7%, Paladin lost 3.8%, UEX gained 7.2% and Uranium One gained 0.5%. Another mixed day. The best performer today was Max Res. with a gain of 13.9% while the worst performer was Consolidated Abaddon with a loss of 6.5%.Read full article... Read full article...
Wednesday, November 07, 2007
Uranium Stocks Continue Rally / Commodities / Uranium
By: Merv_Burak
A slight rise today to compensate for the small drop yesterday. The Merv's Daily Uranium Index closed higher by 0.036 points or 0.71%. There were 22 winners, 25 losers and 3 unchanged. Of the five largest stocks by market value, Cameco gained 2.5%, Denison lost 1.4%, Paladin gained 3.5%, UEX gained 0.8% and Uranium One lost 1.2%. The best performer on the day was Anglo-Canadian Uranium with a 25.5% gain while the worst loser was Forsys Metals with a loss of 7.0%.Read full article... Read full article...
Friday, November 02, 2007
Uranium Stocks Neutral on Bad News - Technically Uranium with Merv / Commodities / Uranium
By: Merv_Burak
With the “bad news” one reads in the media about the rough time the largest uranium companies seem to be having it's a wonder that the Merv's Daily Uranium Index has not totally collapsed. However, cooler heads prevailed and the Index held it's ground. The Index lost 0.037 points or 0.75% on the day.Read full article... Read full article...
Wednesday, October 24, 2007
Consolidated Pacific Bay Minerals Ltd. (V-CBP) / Commodities / Uranium
By: Merv_Burak
In these daily (well, almost daily) technical analysis of uranium stocks I sometimes try to see if there are stocks that seem ready for significant upside moves, and especially if they are on the cheep side like “penny” prices. Well, Consolidated Pacific Bay Minerals Ltd.Read full article... Read full article...
Wednesday, October 03, 2007
Uranium Investing - A Distant Metal Thunder / Commodities / Uranium
By: Money_and_Markets
Sean Brodrick writes: Earlier this year, uranium was on a roll, then the price swooned. Uranium mining stocks tumbled even further. What went wrong?
Uranium users balked at the high prices, and they put off buying today what they could buy in a few months. At the same time, new supply came on the market, some from speculators and some from the government's stockpiles.
Read full article... Read full article...
Wednesday, August 08, 2007
Uranium Mining Stocks Grossly Under Perform Oil Stocks / Commodities / Uranium
By: Greg_Silberman
Uranium mining stocks once the darling of the resources sector have come off the boil. Is this a trend change or a pullback in a very overheated market?
Until recently the market has been going gaga over uranium mining stocks. Some say it was classic bubble syndrome. New floats were coming to market at huge premiums and non-resource companies were rebranding themselves as Uranium explorers.
Friday, August 03, 2007
Uranium Stocks Bullish Secular Trend / Commodities / Uranium
By: Zeal_LLC
Scott Wright : With a commodities bull market in full swing, commodities-stock investors have enjoyed incredible results leveraging their favorite commodities. And commodities-stocks' performances have vastly exceeded the impressive double of the major market indices over the last four years.
As one of the few stock investors to have traded this commodities bull since the beginning, I have observed different commodities begin their bulls at different times with most developing different trading patterns. All commodities are not created equal, yet many of these trading patterns are indeed predictable to some extent.
Read full article... Read full article...
Sunday, July 22, 2007
Uranium Spot Price Decline Stops for A Week / Commodities / Uranium
By: James_Finch
Just when the uranium markets begin to look dull – like they did in the 1980s and 1990s, along comes bad news planting the seeds of renewed interest. In October 2006, it was Cigar Lake. In March 2007, flooding at the Ranger operations attracted more investors.Read full article... Read full article...
Tuesday, July 10, 2007
U.S. Uranium Mill Monopoly / Commodities / Uranium
By: James_Finch
He who owns the uranium mill makes the rules. And in this case, not everyone likes the new price schedule a uranium mining company is offering to pay for uranium to feed its refurbished uranium mill.Read full article... Read full article...
Tuesday, June 26, 2007
Uranium Funds Points to Near-Term Price Decline / Commodities / Uranium
By: James_Finch
Nuclear Market Review (NMR) editor Treva Klingbiel reported in this week's issue, “Two sellers that were evaluating bids in response to their auctions have concluded their evaluations and have decided not to sell at this time.” She added, “Both sellers preferred to make delivery in June while most bidders were seeking delivery for several months out.” The U3O8 Weekly Spot Price Indicator, as published in NMR, remained unchanged at US$138/pound.Read full article... Read full article...
Friday, June 22, 2007
Industry Expert Expects Junior Uranium Stocks Washout / Commodities / Uranium
By: James_Finch
Yellowcake Mining director Dr. Robert Rich speaks out on NYMEX uranium futures, the upcoming uranium price adjustment, junior uranium companies washing out, and why he believes his company will survive in the years ahead. A long time nuclear energy veteran with a PhD in economic geology from Harvard University, Dr. Rich has been affiliated with BHP Billiton (NYSE: BHP), the Japanese conglomerate Sumitomo and Yankee Atomic. He presently resides in Massachusetts.Read full article... Read full article...
Friday, June 15, 2007
Uranium Boom Part II / Commodities / Uranium
By: Elliot_H_Gue
Charles Steen was born in Caddo, Texas in 1919. He went on to study at John Tarleton Agricultural College in Stephenville and in 1940 transferred to the Texas College of Mines and Metallurgy at El Paso, receiving a bachelor's degree in geology in 1943. Ineligible for the draft because of his poor eyesight, Steen spent World War II working as a geologist in Bolivia and Peru. Returning to the US in 1945, he married and took a job doing field work for the Standard Oil Company of Indiana .Read full article... Read full article...
Saturday, June 02, 2007
France is Still a Nuclear Power Global Leader / Commodities / Uranium
By: Elliot_H_Gue
Vive La France !
France remains a key global leader in the use of nuclear power, garnering more than 80 percent of its electricity from nuclear plants. The recent election of Nicolas Sarkozy as president of France has bullish implications for the future of nuclear power.
Read full article... Read full article...
Thursday, May 31, 2007
America's Uranium Solution is In-Situ Recovery Mining / Commodities / Uranium
By: Money_and_Markets
Sean Brodrick writes: Last week, while at the U2007 Global Uranium Symposium, I visited three uranium projects. Two were on the conference agenda, one I was lucky to attend on a smaller, private tour. These tours taught me a lot about a particular type of uranium mining — one that will likely become the future face of uranium mining in the U.S.
Is there profit potential in this? You bet!
All three projects I visited use In-Situ Recovery (ISR). Basically, ISR uses water pumped under high pressure to extract uranium from rocks. At the Texas sites, the water is injected with a mix of either oxygen or carbon dioxide to dissolve the uranium from the surrounding rock.
It sounds weird, but it works. Oh, man, does it work! Using basically carbonated water, you can recover about 75% of a uranium resource and never dig a pit. Let me tell you why this technology is so important here in America …
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Friday, May 25, 2007
Exelon VP Thanks Speculators for Uranium Price Rise / Commodities / Uranium
By: James_Finch
We thought by now we'd heard it all. But the quote which follows, given to us in a tape-recorded telephone interview by the man who obtains nuclear fuel for the largest nuclear utility in the United States, surprised even us.Read full article... Read full article...
Wednesday, May 23, 2007
Inside the Uranium Market’s Secret World / Commodities / Uranium
By: James_Finch
Mired in secrecy, the uranium market hopes to someday offer price transparency. To whom will this ‘real' uranium price become transparent? Industry insiders know well before the general investing public ever finds out.Utility fuel managers compete with a few handfuls of fuel brokers for the best price break. Utilities complain about the unwelcome speculators who've entered the market. and utility spokesman predict a long-term price about one-half of the US$122/pound price indicator announced in Nuclear Market Review this past Friday (another consulting service chose $125/pound for their ‘price indicator'). Some uranium miners forecast a price racing past $200/pound. Who is gaming whom? Or is this all part of the negotiations process between producers and end-users?
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Wednesday, May 23, 2007
A Uranium Investing Buffet in Texas / Commodities / Uranium
By: Money_and_Markets
Sean Brodrick writes : I'm here in Corpus Christi, Texas for the U2007 Global Uranium Symposium, which started on Monday.
That night, we got a tour of the USS Lexington, known as "The Blue Ghost." It's a real piece of history — battling her way through World War II, the big ship survived a torpedo hit and even a kamikaze attack.
Of course, the Uranium Symposium is really about the future. And that's why the entire day was filled with fascinating presentations on my favorite white-hot metal. Heck, after the tour of the Lexington, we ate dinner on the ship and listened to another talk on uranium. Today, I want to tell you what I learned at this buffet of information.
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Tuesday, May 22, 2007
China's Battle for African Uranium / Commodities / Uranium
By: James_Finch
There is an ongoing global war for energy security, which appears to be politically inspired. China and Russia are the main opponents, especially in Africa, but have rivaled each other, over the past several years, in Central Asia. The goal for both nations is not only energy security but political influence and alliance over their targeted territories.As reported by the Wall Street Journal, Sunday night's revelations that China National Nuclear Corp (CNNC) may strengthen its ties to UraMin could represent a broader picture than an ordinary acquisition of a near-term uranium producer.
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Thursday, May 17, 2007
Is Salter Duck Water Power The Uranium Banana Skin? / Commodities / Uranium
By: Bob_Kirtley
Recently, we wrote an article on the possible threats to the uranium bull market and nuclear power in general. In this article we will explore what we believe is the biggest single threat to the long term position of nuclear power with uranium as a fuel.Read full article... Read full article...
Tuesday, May 08, 2007
Miners Lobbied Department of Energy to Revive Uranium Prices / Commodities / Uranium
By: James_Finch
During the uranium bull markets of the 1950s and the 1970s, it was the United States Government’s policies which stimulated uranium production. Both actions were followed by multi-year rallies and brought about then-historical uranium price peaks. Each of the previous two bull markets ended when the federal government changed the existing policy.Read full article... Read full article...
Sunday, April 29, 2007
Survey Results: More Interest, Volatility in Uranium and Price / Commodities / Uranium
By: James_Finch
More than 66 percent believed the uranium price would go higher, but less than 7 percent said they would trade uranium futures contracts over the next twelve months. More than 40 percent of our readers voted that those most likely to benefit from uranium futures trading would be current and near-term uranium mining companies.Read full article... Read full article...
Monday, April 23, 2007
Less than 25 New Companies to Mine Uranium by 2011 / Companies / Uranium
By: James_Finch
Nearly 500 companies are posing as 'uranium mining companies' worldwide. Hundreds of those publicly traded uranium companies will never mine a single pound of uranium. Along with the crash-and-burn of those companies, many investors could lose all or a large part of their speculative investment. How can one really find out which companies have an honest shot at becoming uranium miners?Read full article... Read full article...
Wednesday, April 18, 2007
A Uranium Feeding Frenzy! Uranium Futures Market on its Way! / Commodities / Uranium
By: Money_and_Markets
Sean Broderick writes: You think the fact that uranium prices have more than doubled in the past 12 months is something? Just wait! I hope you have your safety belt on, because this could be the ride of your life. Here's why …
There's a feeding frenzy going on in Australian uranium stocks right now. For example, two of the best uranium companies in the world, Areva and Paladin Resources, fiercely bid against each other for another company (and its resources).
Larger miners are generally very conservative. So the fact that these two companies are throwing so much money around, tells me that uranium — which recently hit $113 per pound — has a long, LO-O-O-NG way to go.
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Sunday, April 15, 2007
Utilities Companies Quietly Worry about Uranium Supply / Commodities / Uranium
By: James_Finch
According to Friday's Nuclear Market Review (NMR), many market participants were left stunned by the recent record jump in the weekly spot uranium price. The market has increasingly diverged between those who have U3O8 and those without. Utilities with existing supply contracts “are heaving a sigh of relief,” NMR editor Treva Klingbiel wrote. And those trying to find uranium in today's climate “are forced to face the reality of a seller's market,” she said.Is there pity for one market participant, who is now scrambling for ‘very near term delivery' of nearly 500 thousand pounds U3O8? Probably not. This buyer must compete with 7 others hoping to secure about 3.2 million pounds of U3O8 equivalent.
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Friday, April 13, 2007
South Wyoming's Best Uranium Discovery? / Commodities / Uranium
By: James_Finch
Until the previous uranium cycle ended in the 1980s, Juniper Ridge had reportedly been the site of 12 small open-pit uranium mines. Many in the industry had called it the ‘best uranium discovery in southern Wyoming.'
In yesterday's conversation with Dr. Robert Rich, we determined he had the credentials and industry knowledge to provide Yellowcake Mining (YCKM) with credibility in the uranium space. But, what about the geology? Many juniors have skated onto the radar by using a ‘big name' to attract investors. Too often, the property's geology is lacking the factors which would lead to actual uranium mining. Often, the industry-celebrity name is barely familiar with the company's property.
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Thursday, April 12, 2007
Uranium Expert: Consolidation, But No ‘Price Crash’ Ahead / Commodities / Uranium
By: James_Finch
Soaring yellowcake prices have accelerated a greater number of uranium juniors rolling off the assembly line. As fast as stock promoters can revive old shells, joint venture a more serious uranium company's castaway property into the re-named shell, and then wheel a former ‘big name' out of retirement (or a nursing home), the company will announce they are in the ‘hunt' for uranium.
Nearly all are mining the stock market – that means you, specifically the investor. Very few, probably less than 10 percent, have any realistic chance of ever putting a shovel to the ground and coming up with uranium ore. Fewer still are likely to intersect sufficiently economic delineation holes which might someday become a uranium mine.
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Wednesday, April 11, 2007
Uranium prices rise 19% to $113 in one week! / Commodities / Uranium
By: Money_and_Markets
Sean Brodrick writes :Boy, I sure hope you're holding some uranium investments … because at the latest auction for the white-hot metal, the spot price of uranium oxide (U3O8) soared $18 to $113 per pound!
That's a 19% rise in just one week. According to Nuclear Market Review , it's the largest single weekly price increase since uranium has been tracked!
And you know what?
You ain't seen nuthin' yet!
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Tuesday, April 10, 2007
Molybdenum and Uranium: Vital for Nuclear Reactors / Commodities / Uranium
By: James_Finch
Molybdenum plays a more vital role in the global nuclear renaissance than you might suspect. Without the silvery white metal, the world's energy infrastructure would somewhat suffer. But, nuclear power plants would be set back at least two decades. The new high performance stainless steels (HPSS) contain as much as 7.5 percent molybdenum and can add more than three times the life to the world's aging nuclear fleet condenser tubes.
Monday, April 09, 2007
Uranium Stocks about to Gap Higher / Companies / Uranium
By: Elliot_H_Gue
Charles Steen was born in Caddo, Texas in 1919. He went on to study at John Tarleton Agricultural College in Stephenville and in 1940 transferred to the Texas College of Mines and Metallurgy at El Paso, receiving a bachelor's degree in geology in 1943. Ineligible for the draft because of his poor eyesight, Steen spent World War II working as a geologist in Bolivia and Peru. Returning to the US in 1945, he married and took a job doing field work for the Standard Oil Company of Indiana .Down on his luck after losing his job, Steen read an article in the December 1949 issue of the Engineering and Mining Journal which discussed how the US federal government had issued incentives for prospectors to locate domestic supplies of uranium.
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Monday, April 09, 2007
In Situ Recovery Uranium Mining - The Water Factor / Commodities / Uranium
By: James_Finch
Our interview with Glenn Catchpole of Uranerz Energy explains what investors should know about water's role in ISR uranium mining. Companies with an ISR project may disappoint shareholders because of the water location, or lack of water, in relation tothe ore body.
As part of our efforts to better educate not only uranium stock analysts and investors, but also the media and environmental groups, we have expanded upon last year's introduction to In Situ Recovery uranium mining with our Advanced ISR Series. Water plays an integral role for In Situ Recovery (ISR) uranium mining.
If the water is not in the right place, ISR mining can not take place. A company's ‘pounds in the ground' are nearly worthless or may have to be extracted through other means.
Wednesday, April 04, 2007
Could Uranium hit $1,000 a pound? / Commodities / Uranium
By: Money_and_Markets
Sean Brodrick writes : If you knew about an investment that, by conservative estimates, would increase in value 47% in the next 18 months, would you buy it?
Well, today I want to tell you about such an investment — uranium. Heck, just a few months ago, I said uranium would hit $100 per pound by the end of this year. It looks ready to hit that target this month !
In just the past year, the white-hot metal has surged 137% to $95 per pound. That's far beyond the expectations of most market analysts. So now they're rolling out new estimates — higher and higher.
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Wednesday, April 04, 2007
US Utilities 'Stealth' Nuclear Power Revival to result in more Demand for Uranium / Companies / Uranium
By: James_Finch
While the big talk is about nuclear reactors being built in China, India, Russia and elsewhere, U.S. utilities are enjoying a ‘stealth’ nuclear renaissance of their own. Since the NRC ‘power uprate’ program began, utilities may add the equivalent of up to seven new reactors by 2011.
The news media love headlines, especially those which mention that no nuclear reactor has come online in more than a decade. How would journalists (and environmentalists) react if they discovered U.S. nuclear utilities have added the ‘nuclear power’ equivalent to four large reactors? A fifth or more could be on the way.
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Tuesday, April 03, 2007
Permitting of New US Uranium Mines Takes Many Years / Commodities / Uranium
By: James_Finch
Permitting a uranium mine requires more than a simple application to mine. And, as we discovered, the process can take between three and six years (sometimes even longer), costing several million dollars and requiring numerous scientific studies on a company's property. This could add additional pressure to uranium prices.
Few investors and analysts have a firm grasp of the length of time environmental studies and the approvals process requires. Having visited numerous investor forums, we realized many investors believe a property is drilled and then mined, after a brief permitting period. Quite the opposite is true, as explained to us by Richard Blubaugh, environmental manager for Powertech Uranium.
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Sunday, April 01, 2007
April Uranium Price Forecast to hit $110/Pound / Commodities / Uranium
By: James_Finch
Bids are due in Corpus Christi, Texas on April 3rd for the sealed-bid auction, conducted by Mestena Uranium LLC, for another modest lot of 100 thousand pounds of U3O8. “Buyers are once again expected to compete aggressively for the material,” Nuclear Market Review (NMR) editor Treva Klingbiel wrote in the monthly edition of the nuclear industry trade magazine. “Any material offered at fixed price is highly sought after by potential buyers.”
Earlier this past week, Entergy Corp’s (ETR) director of nuclear fuel told Dow Jones MarketWatch, “There’s a period where the market is going to be very ugly from a buyer’s standpoint.” The New Orleans-based nuclear utility holds the second largest number of nuclear power plants behind Exelon Corp (EXC). Jim Malone, Exelon Corp’s nuclear fuels vice president, expects the impact of the rising uranium price to impact utilities at some unspecified future date, but not now.
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Wednesday, March 28, 2007
Uranium getting close to $100 a pound … / Commodities / Uranium
By: Money_and_Markets
Sean Broderick - The price of uranium is jumping again! This week, the white-hot metal went from $91 to $95 a pound, according to TradeTech's Nuclear Market Review . Remember, th s metal was trading at just $75 per pound in January … $55 in October … and $45 last July. That's a ferocious uptrend!
We're in undiscovered country now. Heck, my 2007 target was $100 per pound and now it looks like we might hit that by April! Where do things level off?
Sprott Asset Management analyst Kevin Bambrough has said that a sustained supply deficit could cause uranium prices to spike north of $500 per pound by 2015. To be sure, Bambrough doesn't believe $500 uranium would be sustainable.
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Monday, March 19, 2007
Uranium Investing - New Technique to Boost US Uranium Mining / Commodities / Uranium
By: James_Finch
Last year's basic series on In Situ Recovery uranium mining became a major success with many investors, who finally got an inside look at how uranium mining takes place. Part two of this six-part series provides a deeper understanding into the In Situ Recovery (ISR) uranium mining method.
Sunday, March 18, 2007
Uranium expected to pass $100 and possiblly $110 in the next two weeks / Commodities / Uranium
By: James_Finch
Mestena Uranium Auction to Guide Utility Purchases - By the end of March, Mestena is expected to offer another 100 thousand pounds U3O8 in a sealed-bid auction from the company’s ISR (in situ recovery) mining operations at Alta Mesa. “Bidding is expected to be aggressive,” wrote Nuclear Market Review editor Treva Klingbiel in the March 16th issue.
Wednesday, March 14, 2007
Investing in Uranium as prices top $90 a pound! / Commodities / Uranium
By: Money_and_Markets
Wow! This mortgage meltdown you're seeing in the stock market is exactly what Martin and Mike have been warning you about all along. Boy, am I glad they're on our team!
Meanwhile, the uranium market is booming regardless of the stock market. Just last week, an Australian uranium mine got clobbered by a powerful cyclone. And the damage to just that one mine could result in losses exceeding all the new uranium production coming online this year!
So uranium prices are reacting to the news by blowing through the $90-a-pound mark.
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Tuesday, March 13, 2007
New Mexico - The Uranium Mining Capital of the World - Gets Political Lift / Commodities / Uranium
By: James_Finch
New Mexico state senator David Ulibarri's senate initiative, initially designed to increase public awareness of uranium mining and nuclear energy, has now taken on a larger dimension. After the New Mexico Senate Rules and Conservation Committees passed his Senate Joint Memorial (SJM)10 bill, Senator Ulibarri decided he accomplished what he hoped for – to help launch a study of uranium mining safety.Read full article... Read full article...
Sunday, March 11, 2007
New Uranium Mine Flood Tightens Uranium Supply - Prices to go Higher / Commodities / Uranium
By: James_Finch
After Cameco Corp’s Cigar Lake flood at the company’s northern Saskatchewan uranium mining project rattled analysts and utilities who previously expected sufficient uranium would be available to meet the needs of nuclear utilities, along came another mine flooding – this one in Australia.
