Walktothewater Posted June 19, 2008 Report Share Posted June 19, 2008 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.'' Link to comment Share on other sites More sharing options...
chazza Posted June 19, 2008 Report Share Posted June 19, 2008 Going to pick up Laramide and Denison, as my entry in Uranium. Any naysayers on these two names? Link to comment Share on other sites More sharing options...
Walktothewater Posted June 19, 2008 Report Share Posted June 19, 2008 Going to pick up Laramide and Denison, as my entry in Uranium. Any naysayers on these two names? 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 Link to comment Share on other sites More sharing options...
jerpy Posted June 20, 2008 Report Share Posted June 20, 2008 Dr Bubb, If ever you ahd a case for changing a thread title this has to be it surely? Down, down deeper and down! http://www.mineweb.com/mineweb/view/minewe...2&sn=Detail With clear warning for explorers........ "Most importantly" RBCCM continued, "in our view, will be disinterested equity markets that might cease funding uranium exploration and development. We believe that the absence of equity market participation in the uranium industry would constrain the ability of uranium supply to meet the growing demand, which, in turn, could threaten the ability of global utilities' new reactor build programs". You would think a bounce would come sometime? Link to comment Share on other sites More sharing options...
jerpy Posted June 20, 2008 Report Share Posted June 20, 2008 Dr Bubb, If ever you ahd a case for changing a thread title this has to be it surely? Down, down deeper and down! http://www.mineweb.com/mineweb/view/minewe...2&sn=Detail With clear warning for explorers........ "Most importantly" RBCCM continued, "in our view, will be disinterested equity markets that might cease funding uranium exploration and development. We believe that the absence of equity market participation in the uranium industry would constrain the ability of uranium supply to meet the growing demand, which, in turn, could threaten the ability of global utilities' new reactor build programs". You would think a bounce would come sometime? Link to comment Share on other sites More sharing options...
Walktothewater Posted June 23, 2008 Report Share Posted June 23, 2008 Dr Bubb, If ever you ahd a case for changing a thread title this has to be it surely? Down, down deeper and down! http://www.mineweb.com/mineweb/view/minewe...2&sn=Detail With clear warning for explorers........ "Most importantly" RBCCM continued, "in our view, will be disinterested equity markets that might cease funding uranium exploration and development. We believe that the absence of equity market participation in the uranium industry would constrain the ability of uranium supply to meet the growing demand, which, in turn, could threaten the ability of global utilities' new reactor build programs". You would think a bounce would come sometime? There’s been a noticeable uptick in media coverage of nuclear/uranium. Last week we had McCains comments, now this random piece in Bloomberg. http://www.bloomberg.com/apps/news?pid=206...&refer=home “June 23 (Bloomberg) -- The uranium industry's worst year is about to collide with a nuclear construction program in India and China that rivals the ones undertaken during the oil crisis of the 1970s. The result is likely to be a 58 percent rebound in uranium to $90 a pound from $57 now, according to Goldman Sachs JBWere Pty and Rio Tinto Group, the third-biggest mining company. “ Link to comment Share on other sites More sharing options...
ChrisP Posted June 23, 2008 Report Share Posted June 23, 2008 There’s been a noticeable uptick in media coverage of nuclear/uranium. Last week we had McCains comments, now this random piece in Bloomberg. http://www.bloomberg.com/apps/news?pid=206...&refer=home “June 23 (Bloomberg) -- The uranium industry's worst year is about to collide with a nuclear construction program in India and China that rivals the ones undertaken during the oil crisis of the 1970s. The result is likely to be a 58 percent rebound in uranium to $90 a pound from $57 now, according to Goldman Sachs JBWere Pty and Rio Tinto Group, the third-biggest mining company. “ I'll believe it when I see my uranium stocks rise from the underworld. Link to comment Share on other sites More sharing options...
nicejim Posted June 28, 2008 Report Share Posted June 28, 2008 There’s been a noticeable uptick in media coverage of nuclear/uranium. Last week we had McCains comments, now this random piece in Bloomberg. http://www.bloomberg.com/apps/news?pid=206...&refer=home “June 23 (Bloomberg) -- The uranium industry's worst year is about to collide with a nuclear construction program in India and China that rivals the ones undertaken during the oil crisis of the 1970s. The result is likely to be a 58 percent rebound in uranium to $90 a pound from $57 now, according to Goldman Sachs JBWere Pty and Rio Tinto Group, the third-biggest mining company. “ The media uptick has been going on for a while now and the uptick in the uranium companies doesn't seem to have started yet. The stories you quote are about infrastructure projects as much as they are about demand for uranium, so which will be the bigger story in the next decade - the uranium miners or the engineers which build the power stations? First post, I'm a new convert from the HPC forums. I'm always late for a bandwagon! Link to comment Share on other sites More sharing options...
chazza Posted July 29, 2008 Report Share Posted July 29, 2008 The media uptick has been going on for a while now and the uptick in the uranium companies doesn't seem to have started yet. The stories you quote are about infrastructure projects as much as they are about demand for uranium, so which will be the bigger story in the next decade - the uranium miners or the engineers which build the power stations? First post, I'm a new convert from the HPC forums. I'm always late for a bandwagon! Uranium co's seem to have taken a spanking in the past couple of weeks, just general market sentiment or have I missed something specific? Link to comment Share on other sites More sharing options...
Walktothewater Posted August 13, 2008 Report Share Posted August 13, 2008 Uranium co's seem to have taken a spanking in the past couple of weeks, just general market sentiment or have I missed something specific? Well here we go. I bought some Mega uranium (MGA.TO) yesterday for C$1.05... Therefore.. its going to 50cents Link to comment Share on other sites More sharing options...
Walktothewater Posted August 14, 2008 Report Share Posted August 14, 2008 Well here we go. I bought some Mega uranium (MGA.TO) yesterday for C$1.05... Therefore.. its going to 50cents ….just like to congratulate myself for bottom fishing MGA Tuesday The action in the major uranium producers/resource holders yesterday (Wed Aug 13) was significant. +20% on average with huge volume. Based on my experience, the rally should continue next 1-2days. Rally in jnrs not so broad based, they may participate or not (I think they will) Link to comment Share on other sites More sharing options...
Walktothewater Posted August 25, 2008 Report Share Posted August 25, 2008 ….just like to congratulate myself for bottom fishing MGA Tuesday The action in the major uranium producers/resource holders yesterday (Wed Aug 13) was significant. +20% on average with huge volume. Based on my experience, the rally should continue next 1-2days. Rally in jnrs not so broad based, they may participate or not (I think they will) I’ll take it that since I’m talking to myself here that we’ve hit a bottom in the uraniums?? Mega uranium is in lift-off mode today http://stockcharts.com/h-sc/ui?s=MGA.TO&am...id=p06226185237 Link to comment Share on other sites More sharing options...
chazza Posted August 25, 2008 Report Share Posted August 25, 2008 I’ll take it that since I’m talking to myself here that we’ve hit a bottom in the uraniums?? Mega uranium is in lift-off mode today http://stockcharts.com/h-sc/ui?s=MGA.TO&am...id=p06226185237 Lets hope so, not much room left between some of the share prices and zero. Bought a bit more of Geiger Counter recently Link to comment Share on other sites More sharing options...
jerpy Posted August 29, 2008 Report Share Posted August 29, 2008 Lets hope so, not much room left between some of the share prices and zero. Bought a bit more of Geiger Counter recently Niger uranium hit a strong move yesterday. Link to comment Share on other sites More sharing options...
jerpy Posted September 16, 2008 Report Share Posted September 16, 2008 Interesting..... Kazakhstan is proposing the creation of what amounts to an international uranium market, the president of the country’s national uranium producer said on Tuesday. The central Asian state has the world’s second largest proven uranium reserves after Australia. “The uranium market is a closed market, and we do not have market prices. To address this problem we are currently working to set up a [uranium] fund,” said Mukhtar Dzhakiyev, president of the Kazatomprom company. He said it would comprise key uranium producers and consumers, as well as the financial institutions behind the project. “The plan is to deposit uranium in the fund and receive shares in exchange for that,” he said, adding that all the companies would be entitled to one kilogram of uranium each. The next stage will be to create a uranium trading floor where share quotes will serve as "uranium market prices." Dzhakiyev said preliminary agreements had already been reached with the French-German firm Areva, Canada’s Cameco Corporation, and Russian uranium producers, as well as with a number of Chinese, Japanese, EU, and US nuclear power plants. He said if everything goes according to plan, the “fund” could be established next year. He said earlier Kazakhstan was planning to increase uranium production in 2008 by 42% to 9,400 tons. In 2007, the country produced 6,600 tons of uranium. By 2015, Kazakhstan expects to produce one-third of the world’s uranium output. http://www.bbj.hu/news/news_43653.html Link to comment Share on other sites More sharing options...
chazza Posted October 8, 2008 Report Share Posted October 8, 2008 ... Bought a bit more of Geiger Counter recently Gulp Link to comment Share on other sites More sharing options...
drbubb Posted February 24, 2009 Author Report Share Posted February 24, 2009 Nuclear power is on the verge of a remarkable comeback. It’s been three decades since an American utility ordered a nuclear plant, but 35 new reactors are now in the planning stage. No-nukes politics has become a distant memory. The most powerful change agents have been the surge in US electricity demand – forecast to grow another 30% by 2030 – and the threat of global warming. Atomic reactors produce no carbon emissions, so energy analysts, politicians and even some environmentalists have embraced them as a clean power source for a wired world, an alternative to fossil fuels that can generate electricity when the sun isn’t shining and the wind isn’t blowing. The specter of a carbon-pricing scheme to address climate change has transformed nuclear economics. And those 35 new plants would barely replace the existing plants scheduled for decommissioning before 2030. America’s existing nuclear plants already prevent the release of nearly as much carbon as America’s passenger cars actually release every year. But the first new plant won’t come on line before 2016. The nuclear industry ran at a record 92% capacity last year, virtually trouble-free. One industry poll found that new reactors are supported by most Americans, including four-fifths of those who live near one. France has 104 varieties of cheese but only one standard reactor, while the US has one cheese but 104 different nuclear-power cartel, uniting America with strong allies Canada and Australia so as to better negotiate with OPEC Link to comment Share on other sites More sharing options...
frizzers Posted February 24, 2009 Report Share Posted February 24, 2009 I know I've said it before, but U looks like it has bottomed and is crawling back albeit slowly Link to comment Share on other sites More sharing options...
jerpy Posted February 24, 2009 Report Share Posted February 24, 2009 I know I've said it before, but U looks like it has bottomed and is crawling back albeit slowly Sentiment also changing "The four leading environmentalists who are now lobbying in favour of nuclear power are Stephen Tindale, former director of Greenpeace; Lord Chris Smith of Finsbury, the chairman of the Environment Agency; Mark Lynas, author of the Royal Society’s science book of the year, and Chris Goodall, a Green Party activist and prospective parliamentary candidate." Mark Lynas said that his change of mind was also a gradual affair borne out of the need to do something concrete to counter the growing emissions of carbon dioxide created by producing electricity from the burning of fossil fuels. “I’ve been equivocating over this for many years; it’s not as if it’s a sudden conversion, but it’s taken a long time to come out of the closet. For an environmentalist, it’s a bit like admitting you are gay to your parents because you’re kind of worried about being rejected,” Mr Lynas said. http://www.independent.co.uk/environment/g...se-1629327.html This was front page independant yesterday. Link to comment Share on other sites More sharing options...
frizzers Posted February 24, 2009 Report Share Posted February 24, 2009 If we get Rubino's Clean Tech boom, uranium will do well. Link to comment Share on other sites More sharing options...
Walktothewater Posted March 17, 2009 Report Share Posted March 17, 2009 http://www.bloomberg.com/apps/news?pid=206...refer=australia "Paladin May Be ‘Attractive’ Target for Cameco, Areva", so says JP Morgan PDN up 10%+ on ASX Gonna hold my nose and buy a selection of Dines recommended U308 producers here, DML, PDN, LAM.... Link to comment Share on other sites More sharing options...
frizzers Posted April 27, 2009 Report Share Posted April 27, 2009 Uranium Junior of potential: Mike Magrum tells us about his company Xemplar Energy (CA:XE / US:ZEPRF / Frankfurt : E7R) , who are exploring for Uranium in Namibia. Namibia, a coountry with a rich history in mining, is known for its low grade and high tonnage uranium deposits. Currently, there are two uranium mines (Rossing and Langer Heinrich) operating in Namibia, producing 8% of the world’s U3O8 and over the past 18 months two low grade uranium deposits of significant size in Namibia have been the subject of a takeover (UraMin for its Trekkopje Deposit) and a takeover offer (Forsys Metals for its Valencia Deposit). http://commoditywatch.podbean.com/2009/04/27/xemplar-energy/ Link to comment Share on other sites More sharing options...
jerpy Posted May 17, 2009 Report Share Posted May 17, 2009 Does anyone follow Hathor? Became aware of them early last year, but they had so many projects i couldn't get my head round any sort of sense of valuation, so i opted to follow ESO who they joint partner at Carswell with. Thats recently started to come good as a play. Found this review on Hathor aand i'm still struggling to form a view, so i'll flag it up to see if anyone has comments. http://www.midasletter.com/free/Hathor_090508.pdf Link to comment Share on other sites More sharing options...
Rosco Posted August 3, 2009 Report Share Posted August 3, 2009 Anyone have opinion on DML ? The 3 year chart seems to suggest we are at a trendline and 252 MA Link to comment Share on other sites More sharing options...
Walktothewater Posted August 3, 2009 Report Share Posted August 3, 2009 Anyone have opinion on DML ? The 3 year chart seems to suggest we are at a trendline and 252 MA I've recently sold the last of my Uraniums - some nice returns from March buying. Which is just as well as I'm still down quite a bit overall from the debacle in 07-08. I have a stink bid in for DML at C$1.15. Reckon that will be hit later this Autumn. Link to comment Share on other sites More sharing options...
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