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step

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Posts posted by step

  1. You know my move to Australia is starting to suck...anyway.

     

    Quoted from Dr Bubb's post with my (input) or (output)

    **********

    More than half way through, he talks about Uranium.

     

    Comments:

     

    + We we early in buying several years ago, but the gains were so great it didnt matter

     

    (Was this pertaining to Uranium. But indeed get in early and who cares.)

     

    + Prices became very silly and expensive in 2007 (?)

     

    (This also.)

     

    + Most of the money raised was wasted

     

    (Distributed to shareholders/ahem owners is a different way of putting this.)

     

    (The present Uranium state ? nah, not yet.)

     

    The rest of your comments and his - Yes. Now. Uranium.

     

    + Now, behind the scenes, value is quietly being built - (agree - you for one :) )

     

    + On a one year horizon, he thinks the stocks may fall in value, but he will be buying - (position yourselves)

     

    + He is very bullish on a 10 year horizon - (and i would be too)

     

    + In 3-5 years, these stocks may be much higher - (he's not selling yet in this time period though)

     

    + Over the next year, he hopes Uranium stock prices will fall - (watch them fall, buy throughout the year to get a nice average.)

     

     

    Or at least that was my take.

     

    apologies: edited for forgetfulness.

  2. I had dinner this evening with a friend visiting HK for two days.

     

    He's a senior guy in one of the larger Uranium exploration companies.

     

    His view is that there is no supply crunch coming in the next two years. But sometime after that, in 3-5 years time, there is likely to be a big supply squeeze as utilities with new projects underway start competing with each other to lock-in long term supply.

     

    If the squeeze comes earlier, he thinks it will be due to "security issues", as buyers in places like Japan or Korea decide that they do not want to be too dependent on countries like the US (which may impose export restrictions, or "higher risk countries" like Kazakhstan, or South Africa.

     

    That's very interesting.

    I do like the way this is looking.

     

    Does anyone have data or news on Asian nuclear goals and aspiration with regard to nuclear power?

    (Announcements of commitments to certain types of power or the like?)

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