HollandPark

Thanks for posting, David/ I'm a regular listener to your broadcasts. Maybe I will join SilverInvestor, and post the odd fragment here

Yes, they are oversold, but could go deeper oversold before the drop ends I may nibble for a few soon. But will hold off on putting in a fullinvestment until I see some sideways action on light volume, suggesting the selling is drying up Falling crude is not helping here

LOST HERE, i think in the rebooting-- so I will repost these comments from HPC: 1/ "Forgive me - aren't these what are known as 'penny stocks', low value, highly volatile stocks?" - - YES. Remember that old saying: "Don't put all you eggs in one basket"? In a way, I am breaking the rule, by putting so much into one sector; Junior mining & exploration shares. But that is what I specialise in because: + I get more upside- maybe 3-5% move for every 1% move in gold - this way. .. This happens on the upside, and maybe 2-4% for every 1% on the downside. .. How is this assymetric relationship possible? see next + When I take private placements (which I do often), they normally come with "free" warrants, .. and this gives me more "upside" without having to pay for it. THus, if a stock is at $1.00, I might .. take a placement at $0.90 and get hlaf-warrants at $1.20 + The fundamental story, and the valuation is very important. You have to know how to assess these + I typically like to buy a certain type of chart pattern, an A-B-C correction. .. Here's one on Battle Mtn (BMGX) back in April when I bought it at $0.31: .. .. BMGX is now my largest position. It is a royalty company, as so is arguable safer than a pure explorer + I do diversify and spread my investments within the sector. It is very important to have a spread .. of these small stocks. This risk of a sharp drop is real, and can befall even a stock that you like and .. have studied- if they have a poor drill result, a cave-in, a political problem, etc. + I do my homework, and meet management wherever possible, and before most big investments + I take profits when individual stocks shoot up, and invest in undervalued laggards, if they have a fundamental story .. which might move them SECRETS of investing in Juniors can be found : here + Having said the above, if the bull market in gold stocks ends, this will be a truly dangerous area to invest in. .. It got slaughtered back in the late 1990's after Bre-X. So i must get out, and into something safer before .. that happens. I suppose you could say that it staying with this, I am a little like those BTL speculatrs that .. Kept buying after 2002 or 2003, even though it was obvious most of the easy money had been made You won't find me in the likes of Barclay's Bank (BARC) except through the options, and even then, I am getting set to buy bank puts rather than calls = = = 2/ (Unshure asks): "Looks to be useful information but how do you buy these stocks? Is it through a broker? Is there a website from which you can buy them and research them? Puzzled." 3/ SURE. there are plenty of canadian brokers you can use. I have found it best to open an account in canada. (like canaccord, haywood,,,) Some UK brokers will allow you to hold canadian shares, but I'm not sure if they can cope with placements, -you can ask them. (Is there a website from which you can buy them and research them?) Ah, GEI has threads... But also try: www.Stockhouse.com

MORE solar ipos... Canadian Solar is going public : for $13-15, raising maybe $115 million on Nasdaq Money to go towards buying raw materials, such as silicon. Apparently, prices for a kilogram of raw material for solar chips have jumped to as much as US$200 from as low as $20 at teh beginning of last year Who is collecting all those excess profits?? Can-Solar started in 2002, and had profits of US$3.8mn last yr, up from $1.5mn in 2004. OTHER IPOS in the works: - Yingli Solar : to raise $400mn - LDK Solar HiTech : to raise $300mn and: - Trina Solar, - Linyang Solar ...according to an article in today's SCMP

a temporary change might be nice, but you may want to revert to the current logo later

TVC Chart : looks okay But I dont trust TVC's management

Here's an investor who has done very well, focusing only on Silver shares: "I helped my dad make 1000% in four years! I helped my wife make 500% in two years! I started out investing my dad's money in 2002. In four years, I grew his portfolio from about $500 thousand to over $5.5 million, for a gain of over 1000%! In 2004, I gave my fiancee $19,000 to hold "in trust". When we got married, it became my wedding gift. By 2006, my wife's portfolio hit a high of $180,000, and stands at $127,000 on September, 2006, which is a gain of 568%. These kinds of gains are no accident, I know what I'm doing and why. I don't write this to boast, but to tell the truth..." He does report what he buys, and how much. So his claims are believable link: http://www.silverstockreport.com/

THE RETURN OF KING COAL by Nick Louth How will you heat your home or fuel your car 10 years from now? The North Sea is running out of oil and gas. Global oil reserves are dwindling. Most of what remains sits beneath unstable countries in the Middle East. There is plenty of natural gas in Russia and Central Asia. But how secure is Britain's supply now the Kremlin can turn the taps off at will? Alternative energy, for all its promise, faces costly development and planning problems. And how can we return to nuclear power when no one has worked out where to dispose of the waste, nor how much it will cost? Yet while the world frets about oil and gas supplies, the answer to Britain's energy problem may be literally underneath our feet. Coal, lying in thick and sometimes untouched seams, is present in just those countries which need it. There is enough in proven reserves to last the world 164 years at current rates of use. Natural gas will last perhaps 67 years at most. Proven oil reserves will last only 41 years, perhaps less now that China and India are getting rid of their bicycles and starting to drive cars just like we do. Few people in Britain these days use coal at home, however. Only the oldest power stations run on it. Coal is still seen as old-fashioned, dirty, a stain on the environment, a byword for industrial accidents and industrial strife. Britain's deep coal mines were "uneconomic" in the words of Mrs Thatcher. Yet now, 20 years after the British deep-mined coal industry was dragged like a cantankerous old horse to the knacker's yard, coal has a future again. Coal may forever be associated with dirt and grime. But huge progress has been made in making it no worse for the environment than other fuels. Modern techniques include washing it and sorting out impurities before the coal is pulverised. Once the fuel is burned, the sulphur dioxide gases it releases (and which cause acid rain) are removed through special units installed within cooling towers. These "wet scrubbers" spray a mixture of limestone powder and water into the hot gases. By a chemical reaction this produces a dust, which then falls within the chimney. It is then collected and used for making builder's plaster. More dust is removed by giving it an electrical charge – rather like static on nylon clothing. This attracts the dirt onto special plates. Overall, modern clean coal technology can remove 99% of pollutants. This is not to say that coal is clean everywhere it's used. Far from it. China's huge coal industry is as Dickensian as anything seen during Britain's industrial revolution, and not just because of the pollution caused by its aged plants. China produces 35% of the world's coal, but it accounts for 80% of its mining deaths. More than 7,000 miners die in China each year, and the figure is only gradually falling. Globally, coal is used in power generation and steel manufacture, particularly in China and India. Their generators and mills demand high quality foreign coking coal in particular. But the adaptability of coal, largely forgotten in recent decades, is also being explored anew, because of its newly-found competitiveness. For investors, this offers huge potential. Coal is dramatically underpriced compared with competing fuels like natural gas, whose price moves up in line with oil. Compare the market value of Peabody Coal (the world's largest coal firm) with ExxonMobil (the biggest oil firm) in terms of the energy value of what they own. The price of Exxon's proven oil reserves are $3.16 per million British thermal units. The equivalent coal deposits at Peabody are worth just 7 cents per million BTU. That's barely more than 2% of the value of oil! Such an enormous discrepancy has spurred new technologies that allow us to substitute coal for oil and natural gas. But some coal-fuel processes are 60 years old and more. The Nazi war machine made use of synthetic fuel derived from coal. And before the advent of the North Sea fields in the mid-70s, we all used coal gas for domestic heating and cooking. If oil prices remain above the critical threshold of $50 per barrel, there's even a good chance we will soon be flying in coal-powered airliners. Indeed, if you have flown from Johannesburg International Airport in the last seven years, your aircraft ran on a mixture of kerosene and liquidised, pulverised coal. Coal-rich and oil-poor, South Africa became a pioneer of this work during the apartheid era. Sanctions blocked imports of oil, but it required transport fuel at any cost. Now Sasol, the South African chemical firm that leads the world in coal-oil production, is to offer a new version of its aviation fuel, 100% derived from coal, for international approval later this year. Soaring oil prices now mean the rest of the world is getting interested, too. The US Air Force spends $4.5bn a year on jet fuel, and is already showing interest. Defence Secretary Donald Rumsfeld, recognising that many USAF scenarios involve bombing its own traditional oil suppliers in the Middle East, has ordered his forces to explore alternative fuels that don't require foreign oil. In September the USAF will conduct its first test flight with a synthetic fuel derived from natural gas, using technology similar to coal-to-oil. Coal markets are fragmented by quality and locality. But it is clear that global coal prices have been rising for years. Since 1997, steam coal used for power generation has risen by 30% to $35 a tonne in the US. Over the same period, however, oil and natural gas prices have quadrupled. So coal is now increasingly competitive for electricity generation. Growth in demand has had knock-on effects in hitherto declining industries too, stoking a resurgence in railway freight, shipping and ports. This is not likely to prove a flash in the pan. Coal prices are expected to double by 2020. Outside Britain, demand for coal is growing fast. Every two years, according to the International Energy Agency, China is adding more power generation capacity than France has in total. About 70% is coal fired. China's steel boom is also being powered by high quality coking coal, though much of this comes from abroad. Britain's coal industry, however, may play Cinderella during this party. Although we have 220 million tonnes of proven coal reserves, enough to last many decades, the main issue is getting at it. Open cast digging, the method of choice in the vast spaces of Australia, Canada and much of the US is an impossibility in the UK. On planning grounds alone, deep-mined coal is hamstrung, too. But it also suffers from decades of neglect and a lack of miners. With few exceptions, it will remain easier and cheaper for UK power stations to import foreign open-cast coal than for us to reopen flooded and abandoned mines. One of those exceptions is Richard Budge, the mining entrepreneur once known as "King Coal". He plans to reopen the Hatfield Colliery in South Yorkshire next May. Budge is the former head of RJB Mining, now known as UK Coal. It took over the rump of the British coal industry after privatisation in 1994. Oil prices don't have to remain in the $70-$80 band for coal to have a future. With its new clean image and increasing adaptability, coal is going to muscle in so long as oil prices remain above $50. With no geopolitical risk, and increasingly attractive economics, there is huge potential in coal. Regards, Nick Louth for The Daily Reckoning

US GASOLINE - back to nosebleed territory

FUTURES CURVE ? Seeking charts, found these: The Long-dated Price has risen dramatically: source: http://www.theoildrum.com/story/2006/3/2/234845/7384 People once thought: The view was very precise, in that the long-term oil price was generally put as being between $18 and $21 per barrel. Indeed, the market’s perception of where to place the back end of the crude oil futures curve very rarely strayed outside that $18 to $21 interval over the whole period from 1986 to 2002. The $18 to $21 range became the touchstone for views of what represented normality, and any hypothesis that suggested prices could be higher than that range was considered heretically abnormal. Governments thought in terms of that range, as did financial markets. Relative to the long months, the spot price is vey "whippy":

Another Monday : Oil (OILB) up $1.00 in early going Markets don't like it. FTSE off almost 50 points

Oil: It's All About Supply Paul Maidment, 05.12.06, 12:00 PM ET New York - Energy traders saw more evidence Friday, as if it were needed, of how supply threats are driving oil prices at a time when the demand-supply balance remains tight. Crude-oil futures prices on Friday initially gave up the $3-per-barrel gains of the past week following publication of the International Energy Agency's monthly oil report, which said high prices were at last starting to cut into consumption. But prices rebounded after separatists in Nigeria, Africa's largest oil producer, threatened to destroy a $13 billion natural-gas export plant in the Niger Delta, and reports came in of a fatal explosion close to Lagos attributed to oil smugglers attempting to tap into a pipeline. On Friday morning, U.S. light crude oil was trading in New York at around $73 per barrel, with London Brent crude a tad higher. U.S. crude hit a record of $75.35 in April, driven by tensions over Iran's nuclear ambitions and supply concerns in Nigeria, where attacks on pipelines and an export terminal this year have halted about a fifth of the country's oil output. Kidnappings of oil workers there have been frequent. Shares in oil majors--such as Exxon Mobil (nyse: XOM - news - people ), Chevron (nyse: CVX - news - people ), ConocoPhillips (nyse: COP - news - people ) and BP (nyse: BP - news - people )--were similarly volatile in New York trading. The IEA's latest monthly Oil Market Report attracted wider attention than usual because it made a sharp cut in its forecast for the growth in world oil demand for the year from 1.47 million barrels per day to 1.25 million barrels per day, saying that high prices are at last cutting into global energy demand, including in the U.S. The agency, which advises 26 industrialized countries, is now forecasting that the world will consume 84.83 million barrels per day this year--200,000 barrels per day less than previously forecast. That would reduce this year's annual consumption growth to 1.5%, less than the forecast growth of the global economy. As well as an easing of demand growth in the U.S., the agency forecasts that that the world's other oilaholic, China, will decrease its appetite by 15,000 barrels per day. That would still leave it increasing its consumption for the year by 5.3% to 6.9 million barrels per day. The IEA also cut its estimates for oil demand in the world's second-largest producer, Russia, and in the other former Soviet states, as larger than expected exports suggested less was being consumed at home. Remember, though, that the world is just using more oil less rapidly. It is not using less oil. As the world economy continues to grow, the demand-supply balance for oil remains tight, with little spare capacity. The swing supplier to world markets, the members of the Organization of Petroleum Exporting Countries, have been pumping more oil. In April, OPEC increased output by 485,000 barrels per day, to 30.04 million barrels per day, driven by increased production in Iraq. But at best, the members of OPEC have less than 2 million barrels per day of space capacity left, compared with more than 7 million barrels per day in 2002. So, even if the demand pressures ease slightly as the IEA forecasts, and the increase in supply it has detected--up 485,000 barrels per day in April, thanks to a turnaround in production from Iraq and more pumping in the U.S., China, Russia and central Asia--remains steady, supply worries will continue to spook energy traders, as Friday's news from Nigeria confirms. -FROM: http://www.forbes.com/home/columnists/2006...pm_0512oil.html = = WED: Crude inventories down more than expected

Hurricane Season coming up in the US Gulf... ...and Oil has corrected, and may be ready to run

(from the "Restructuring America's Dream" thread 😞 US oil prices fell from a 1920 peak of $3.07 per barrel to a double bottom in 1931 and 1933 of 65-67 cents // source: Petroleum Economist article, April 1991. The US was a creditor nation then. And the depression was a "deflationary depression", where oil prices collapsed rather than skyrocketing. It was cheap to run that old truck. But no one had much money. Now people have money, but energy prices are shooting up Oil Price charts 1.a/ . .b See, my old 1991 article:"Cycling Towards Low Oil Prices" : pg.1 : pg.2 : pg.3 The article suggested cycles of: 2.4 years, 8.3 years, and 30 years This projects an Oil Peak in 1980 +30 years = 2010, could that be $200+? 2/ 3/ 4/ WTI Crude, per Stockcharts ... update Gold vs.Oil/ OIL CHART LINKS Dec.2006 (X or Z) Barcharts ........... : http://www2.barchart.com/chart.asp?sym=CLZ6 Ino .................... : http://quotes.ino.com/chart/?s=NYMEX_CL.X06 Access Trading..... : http://www.accesstrading.com/charts.php (use: CLX2006 ) TFC/TradingCharts : http://futures.tradingcharts.com/chart/CO China Energy News : http://www.zoomchina.com.cn/ Quotes/Options etc : http://www.bohlish.com/#FUTURES = = Bullish News for Oil - all around: New Highs being made... $75.89 !! ======== Oil Rises to Record in New York, London on Attacks in Nigeria July 13 (Bloomberg) -- Crude oil rose to a record in New York and London after a report that militants attacked pipelines in Nigeria this week, heightening concern Africa's largest oil producer faces further delays restoring lost output. . . . ``The hot spots are flaring up yet again,'' said Anthony Nunan, the deputy general manager for petroleum business at Mitsubishi Corp. in Tokyo. ``A political truce in Nigeria is breaking down and the tensions in the Middle East are heating up, and demand for gasoline in the U.S. at $3 a gallon is still holding up very well.'' Record Highs Crude oil August delivery rose as much as 94 cents, or 1.3 percent, to a record $75.89 a barrel on the New York Mercantile Exchange. It traded at $75.59 at 8:55 a.m. London time. Brent crude oil rose to a record $75.45 a barrel, or 1.4 percent, on London's ICE Futures Exchange. It recently traded at $75.21. ...MORE: http://www.bloomberg.com/apps/news?pid=206...wnUs&refer=

"assuming of the UFOs as our grandchildren who come from the future and use some ethical rules to not disturb the flow of the history of the mankind, etc" I have thought of that too. Flying Saucers may well be here, but they do appear to be operating in a way to have the minimum disturbance. One theory is that they come here to seek genetic material to repair the damage caused by future environmental disasters. Interesting though, but unprovable, i think YOUR INVESTMENT IDEA: Do you have a business plan? where do the future revenues come from to provide a return on the heavy upfront capital expenditures? Sir Clive Sinclair saw that if he was going to have a successful life as an inventor, he would have to have some commercial inventions to pay the way while he worked on grander schemes. Perhaps you should do the same, and tell us something about those more commercial ideas

Electric Cars may become practical when batteries stop "costing the earth"

Why the price difference? The batteries cost the earth: "Reliability: battery life for the G-Wiz is estimated at two to four years, depending on usage. The car is covered by a two-year warranty but if the battery fails outside that, it costs £1,200. Twike says its batteries will last for 50,000 miles, with a replacement cost of £3,180-£6,980." = = Why the good mileage?: they are LIGHT: (Weighing in at about 230kg = the Twike) "Sir Clive Sinclair’s C5 had a range of 20 miles and a top speed of 15mph. It was a flop. Makers claim to have increased range and performance with lightweight materials and improved battery technology: those advances mean the electric car is here to stay, they say. Perhaps. The truth is that just as the debate on global warming is hotting up, motor manufacturers are dropping out of the electric car market. Ford’s TH!NK city car was recently discontinued along with Peugeot’s Partner. The electric version of Citroën’s Berlingo was the latest to be unplugged. “We sold 11 in 2005 and 14 in 2004,” said a spokesman." If gasoline-power cars were as light, they would get better mileage too.

Why such a HUGE difference?

A RACE across London in electric cars- was staged by The Sunday Times Four Cars were involved: 1/ REVA G-WIZ (Emma Smith) Price.........: Pds.8,299 Max.speed: 40mph Range.......: Up to 40 miles Run cost...: 4.4 miles per kWh (one kWH costs between 2.8p - 7.0p) Recharge..: Six hours City/ HTR..: 1hr 56min (from City airport to Heathrow) website.....: http://www.goinggreen.co.uk 2/ MARANELLO 4 (Nicholas Rufford) Price.........: Pds.9,950 Max.speed: 30mph Range.......: 45 miles Run cost...: 4.5 miles per kWh Recharge..: Eight hours City/ HTR..: 1hr 45min (from City airport to Heathrow) website.....: http://www.sbsbsb.com 3/ AIXAM MEGA VAN (Andrew Frankel) Price.........: Pds.10,950 Max.speed: 30mph Range.......: 40 miles Run cost...: 3.3 miles per kWh Recharge..: Nine hours City/ HTR..: 2hr 8min (from City airport to Heathrow) website.....: 020 8574 3232 4/ TWIKE (Jeremy Taylor) Price.........: Pds.15,000 Max.speed: 53mph Range.......: 20 - 90 miles Run cost...: 12.5 miles per kWh Recharge..: Three hours City/ HTR..: 2hr 8min (from City airport to Heathrow) website.....: http://www.twike.co.uk source: http://driving.timesonline.co.uk/article/0...50-2229156.html

Very active site in Germany: http://www.goldseiten-forum.de/

MORE FOR GOLD BUGS... People who visit this page also visit: Financial Sense Online............. www.financialsense.com Kitco - Gold & Precious Metals.. www.kitco.com HoweStreet.com..................... www.howestreet.com Silver Investor....................... www.silver-investor.com Gold Anti-trust Action............. www.gata.org Le Metropole Cafe.................. www.lemetropolecafe.com

COAL FUEL CELLS ======= Excerpt: "By adding oxygen to carbon in an electrochemical process, the direct carbon fuel cells (DCFCs) convert coal into electricity without burning it or turning it into a gas. The method can also use tar, biomass, and organic waste. The result is that twice as much energy can be produced from the same amount of fuel, at 20 to 30 percent lower cost and about half the carbon dioxide emissions, said Larry Dubois, SRI’s vice president. The emissions can also be more easily captured for use or disposal, he said. That would be a boon for countries such as the United States and China, which have large coal reserves. Cleaner coal technologies have been a hot topic in the energy industry, as they could potentially reduce those countries’ dependence on international oil without sacrificing health and the environment. The U.S. national energy bill, which Congress passed in July, invests $2.9 billion in clean coal technologies. General Electric and Bechtel are working together to build coal gasification plants, for example, and utilities such as American Electric Power Company, Southern Company, and Cinergy are installing such plants. A number of companies see profit potential from clean coal technologies. But clean coal technologies have been expensive, keeping them from widespread use. Environmentalists are divided in their opinion on whether clean coal qualifies as a clean technology. And fuel cells have run into serious challenges on the way to market, including regulatory, size, and price obstacles. "

(A little known technology) Vanadium Redox Batteries The current forerunner to replace conventional batteries is the Vanadium Redox Battery developed by Professor Maria Skyllas-Kazacos and her team at the University of New South Wales, Australia [uNSW-VRB]. A redox battery consists of two chemical solutions which produce an electric potential when combined. When originally developed, they had the problem that the used combination of chemicals was toxic, caustic, and useless. The solution was to use a proton exchange membrane, like a fuel cell, to utilize the electrical potential without allowing the fluids to mix. Unfortunately, even with these membranes, some cross-contamination occurs. The UNSW researches came up with a clever solution: using the same chemical for both halves of the cell, but in different electric states. Now cross-contamination just causes energy loss, not damage to the solution. Vanadium dissolved in sulfuric acid was the answer, although it took some effort to create a solution with a high enough concentration of vanadium to get a decent energy density. The advantages over conventional batteries include: Storage capacity limited only by tank size and amount of vanadium solution. So you can increase capacity just by getting more tanks and fluid. Number of charge/recharge cycles is theoretically infinite. In practice at least 16,000 (much higher than batteries). Energy storage and extraction are separate, so the capacity of either can be increased without affecting the other. Shelf life is indefinite, and energy does not leak during storage (unlike batteries, flywheels, capacitors...) High efficiency (80%-90%) because redox couples are electrochemically reversible. Fast charging, can be fully discharged with no adverse effects. Can be recharged by transferring fluid, as with gasoline engines, except the fluid is rechargeable. So, for example, if the seastead and its boats both used this technology, the boats could be refueled by pumping in new fluid, instead of slowly charging conventional batteries. VRB has been used in actual, large-scale applications since about 1997 - its not just theoretical. This includes a 450 kW / 1MWhr VRB system at the Kansai Electric Power Plant in Japan and a 25 Kw system used to store power from the wind power generator of Hokkaido Electric Power Co. It seems quite likely that the home power market will adopt VRB's when they become commercially available. The fuel cell will cost about $200-$500 per kilowatt and the electrolyte about $40-$60 per kilowatt-hour. The fuel cell membrane will last around 8-10 years, and the electrolyte can be re-used indefinitely @: http://www.seastead.org/commented/paper/in...Redox_Batteries

From a Great Site: http://www.freeenergynews.com/ Loads of great content and links like those below: Investment Resources Tools for individuals involved in the financing of renewable energy technologies. Relevant to 'free energy' and other alternative energy technologies. Resources RenewableEnergyStocks.com™ expands horizons - Leading investor and industry site geared towards renewable and clean energy content; now offers press release and article submission services for public and private companies. (ZPEnergy; Apr. 10, 2006) New stock index developed to track growth of renewable energies - The International Securities Exchange has launched two specialized sector index options to track companies involved in wind, solar, geothermal and hydropower, as well as hydrogen fuel cells and nuclear fusion. (Refocus Weekly; January 23, 2006) (ISEOptions.com) Investing in Alternative Energy - Wells Fargo Private Client Services has just published "Identifying the Opportunities in Alternative Energy" (PDF), which is a primer on alternative energy resources (hydro, wind, solar, hydrogen, biomass, nuclear), along with an analysis of their respective advantages, disadvantages, and outlooks. (WorldChanging; Feb. 28, 2006) New Energy Partners - Investing in environmentally clean and low cost technologies that could revolutionize the entire energy industry. CleanEdge.com - provides a variety of research and consulting services focused on clean technology; to help companies and investors understand and profit from the clean-tech revolution; to catalyze the development of clean-tech companies. CleanTechVenture.com - brings together so-called clean-technology entrepreneurs and investors. NewEnergyCapital.com - invests in alternative energy projects. RenewableEnergyStocks.com - Investor and media relations, industry research, reports and news. Trends Venture Capitalists Hot On Energy - The last six months has seen a spike in venture activity, with more energy companies presenting business plans to investors and more high-priced deals being done. Four solar-energy companies attracted a stunning $60 million this past summer. (CBS; Oct. 5, 2005)

TROUBLE AHEAD ? asks Doug Casey ... Although I usually pay little mind to the short-term fluctuations of the markets, it seems worth investigating whether the junior uranium sector is sagging under the weight of so many new players. To get an idea, our resident snap technical analyst Merv Burak put together an index of 51 junior companies… all those that have been around for a year or more and that are primarily focused on uranium. . . I’m concerned about the flood of new uranium companies out there, but we’re looking at something comparable to what happened during the Internet boom; when the public becomes involved, the top is going to blow off this market. But as yet, the public barely even knows how to spell uranium; and they don’t have a clue they can buy shares of companies that explore for it. My guess is that we’re not even midway through this bull market, and when we enter the final stage, the chart above will no longer just be a gradual upward curve but a hyperbolic curve. Someplace between now and then I’ll be a seller—but at the moment I remain a buyer. Whole article: http://www.kitcocasey.com/displayArticle.php?id=627