Walktothewater

Laramide just intersected gold http://biz.yahoo.com/ccn/080618/200806180469358001.html?.v=1 Denison is basically another Cameco. I just picked up some URRE today. The stock is down 42% since they annouced problems at Rosita operations earlier in the month. URRE are one of the handful of miners that actually produce and sell uranium http://www.uraniumresources.com/20080609%2...ate%20FINAL.pdf

McCain Plans to Add 100 U.S. Nuclear Reactors, Invest in Coal http://www.bloomberg.com/apps/news?pid=206...&refer=home ``I will set this nation on a course to building 45 new reactors by the year 2030, with the ultimate goal of 100 new plants to power the homes and factories and cities of America,'' McCain said. ``This task will be as difficult as it is necessary. We will need to recover all the knowledge and skills that have been lost over three stagnant decades in a highly technical field.''

Also, Middlefield Uranium Focused Metals Class (T.UF.UN) - which is about 50% directly into U308 stuff

Try, Market Vectors Nuclear Energy ETF (AMEX: NLR) from Van Eck Global Global Uranium Fund, Inc. (T.GUR), managed by UBS [As is usually the case, these probably only avail via NAmer dealers/exchanges]

Paladin up 12% today in Australia on huge volume (Toronto closed for Victoria Day) on rumour that Cameco might buy out http://www.bloomberg.com/apps/news?pid=206...refer=australia

Is Cameco about to go acquisition hunting? .."with the decline in the uranium spot price since June of 2007, the cost of potential acquisitions are coming into a much more reasonable range," Jerry Grandey, Cameco's president and chief executive officer, told shareholders during the company's annual meeting. "Cameco is well-positioned to take advantage of emerging opportunities that will expand and diversify our business. When the right opportunities appear, your company will be actively building on its impressive asset base." http://tdw.globeinvestor.com/servlet/Artic...ws?back_url=yes

Theoretically and normally yes. But the uranium pack have acted strange since begin of April. It’s not difficult to see another 50% loped off some of these, as they go to down to the 10-25c range en mass

Good Lord, I dont think Ive ever seen anything quite like the pounding uranium stocks are taking in recent weeks. The jnrs are being hammered again today, and the producers/adv explorers getting it too. A lot of jan/feb 08 supports being taken out as well. The bloodbath in prec metals jnrs pales in comparison, really does. I bailed (a bit) earlier this year, but this still hurts. Im gonna pull the trigger here and buy some, I like the contrarian angle, but this beating is unlike anything Ive seen. Any wiser heads have a view???

Has volume completely dried up on the uranium and natgas jnrs, or is it just the ones Im following?

PennWest is my largest single stock holding. Buy it and forget it.

yep. sit tight. still not cheap enough. Im trying to use tech analysis to trade these moves. Look at DrBs Golden Inflection Point thread. These uraniums can go much much lower and prob will. If they do, THEN buy. If not, oh well, wait for weakness on next consolidation. I made serious dough with this approach in August, (aggressively) trading LAM and others. I have the following buy orders in place; PDN $5.50 SAN $0.42 UEX $6.15 DML $8.75 PNP $4.00 some even look a bit high after todays action. Im expecting the mkts to go lower from here pre Dec 11. my 2 cents!

Get a sub to Doug Casey, Jim Dines, Jay Taylor, Paul van eden etc. Not being clever, the analysis is too much and i defer to the experts.. the advice from Casey and Dines alone has paid for their subs many times over.. good luck... ********************************* Im waiting very very patiently for Credit Crunch 2.0 to expose some buy opps. On my watchlist for (re)entry are UEX, SAN, JNN, CHX. Also looking to add to my 'long-term' pos in the top-tiers, DML, UUU, LAM, PDN etc.

Agreed. And natgas looks like a good punt too. But how can ANYTHING go up with US sliding into recession, and UK/US housing and stock markets going into bear mode?

where now u308 stocks??.. Bernanke 0.5%, following week Dow/Ftse down, u308 shares way down? Im consigning my remaining shares to the "lottery ticket" component of my portfolio. I need to focus on nat gas anyhow (PennWest looks good)

Frizzers (fine) interview and some other “alternative” reporting, a few newsletters, and the odd mention on the back pages in mainstream media hardly constitutes hype? If you want to see top-of-cycle hype look no further than todays irish times property section… say no more My experience with U stocks, and Ive been involved only about 18mths now, is that buyers can return with a venegence after a period of consoldiation. So far, this is only my 2nd experience of an across the board consolidation in this sector. Mega Uranium (MGA.t) is a good example. Call up a 2-yr chart of the price action. It looks to be doing the exact same thing it did April/May of last year (sorry don’t know how to paste charts!). Having said that, I agree that more downside is possible/likely here. No rush to buy aggressively here.

And just bought load of JNN.v. My U exposure massive again, 20%+ yikes!!

Just had two uraniums hit automatic buys today… UPC.v for C$0.86 PNP.t for C$10.75 I’d set up these “stink bids” about a month ago. I almost bought UPC for C$1.15-ish a few weeks ago Here’s hopin Im not going to cut myself too badly on the ol falling knife. Anyone else dabbling?

The following stocks look cheap at close today: BAY.v C$1.26 UPC.v C$1.13 probably buy both tomorrow and getting cheap... PDN.t JNN.v CXX.v SXR.t

Anyone here own Mega Uranium (CA:MGA)? Popped bigtime yesterday?? Looking for comments on this as its my largest holding and I want to sell into this, what looks like, pending buying frenzy

I would suggest that not all are impacted equally by the proposed tax-law changes and some represent genuine bargains today. Some only exist because of and rely on the trust form, others simply have taken advantage of it and will do fine reverting to alternate forms. I would for example, NOT buy the trust index BAI.UN as it contains a lot of the former. Existing trusts have 4yrs to figure how to deal with the eventual legislation. Moreover, the opportunity to get one hands on oil sand assets at these rolled-back prices, outways the concern over the form of the holding entity IMHO. In recent days/weeks I’ve bought substantial positions in Arc Energy (AET.UN) and Canadian Oil Sands (COS.UN) at prices I thought I’d never see again. PennWest (PWT.UN) and Vermillion (VET.UN) are on my buy list for the New Year.

Interesting Oil Sands ETF, includes some trusts. http://biz.yahoo.com/ifunds/061006/2006100...tf_jb.html?.v=1

Further to my earlier post Oct 10, I bought a nice large block of COS for C$26.50 during the sell-off (Ive wanted to own this particular one for years and feeling very clever right now!). The thing is some of these trusts only exist because they're a trust, other trusts are good businesses in their own right and will convert back to regular corporations. Regardless of the legal form, IMHO, COS's Syncrude assets will be snapped up by one of the other interests in the project (Petro-Can?). Have a look at www.cos-trust.com Looking at the whole trust sector, it appears that money in this sector is flowing into the 'good' trusts. The five I've listed may do very very well, PennWest is another good one.

Cdn Energy Trusts are right of the top of the top of my “to-buy” list. Having recently gone on sale, they even look better now than Petro-Canada, a longstanding favourite of mine. The better ones are [Toronto/NY trading]: Arc energy, AET-UN PennWest Growth, PWT-UN Keyera Facilities, KEY-UN Canadian Oil Sands Trust, COS-UN With the recent downdraft, dividends from these are high single/double digits again. The large dividend means that even if these get cheaper going forward [highly possible] the payout goes a long way to offsetting paper losses. You can find Cdn Energy Trusts with very high payouts but the underlying share price not as reliable as the above [e.g. True Energy I beleive is paying >20%] Also, take a look at Transcanada pipelines. Not a trust, but this one really is for “grannies and orphans”. Nice little dividend also which I suspect will be raised soon.