G0ldfinger Posted January 3, 2011 Report Share Posted January 3, 2011 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. Interesting points. Link to comment Share on other sites More sharing options...
G0ldfinger Posted January 3, 2011 Report Share Posted January 3, 2011 Maybe we should merge these two threads? Uranium: Price is booming, the hot stocks in a hot area http://www.greenenergyinvestors.com/index.php?showtopic=16 Uranium and other Energy stock ideas, If you like Gold only, then please stay away http://www.greenenergyinvestors.com/index.php?showtopic=8315 Link to comment Share on other sites More sharing options...
G0ldfinger Posted January 3, 2011 Report Share Posted January 3, 2011 Maybe we should merge these two threads? Uranium: Price is booming, the hot stocks in a hot area http://www.greenenergyinvestors.com/index.php?showtopic=16 Uranium and other Energy stock ideas, If you like Gold only, then please stay away http://www.greenenergyinvestors.com/index.php?showtopic=8315 Link to comment Share on other sites More sharing options...
littledavesab Posted January 5, 2011 Report Share Posted January 5, 2011 Maybe we should merge these two threads? GOOD IDEA Link to comment Share on other sites More sharing options...
Delboy Posted January 5, 2011 Report Share Posted January 5, 2011 My new investments have got hit badly so far, just my luck, still if can't stand the heat! Link to comment Share on other sites More sharing options...
Oddjob Posted January 5, 2011 Report Share Posted January 5, 2011 My new investments have got hit badly so far, just my luck, still if can't stand the heat! Which Uranium stocks have you bought into? Link to comment Share on other sites More sharing options...
Delboy Posted January 9, 2011 Report Share Posted January 9, 2011 USU, UEC, URG, URZ, DNN, URRE, A9Y and CCJ. Plus URA ETF why? Link to comment Share on other sites More sharing options...
Oddjob Posted January 19, 2011 Report Share Posted January 19, 2011 Uranium up 2.6% to $68.75, but most Uranium stocks heading down today. Source: http://www.bloomberg.com/apps/quote?ticker=MFURMDUR:IND Estimates I read at the end of 2010 predicted a max Uranium price of $70 for 2011.. Looks like this may be broken in January! Link to comment Share on other sites More sharing options...
Oddjob Posted January 19, 2011 Report Share Posted January 19, 2011 USU, UEC, URG, URZ, DNN, URRE, A9Y and CCJ. Plus URA ETF why? I was just looking for some perspective on your post - apologies for missing your earlier post where you mentioned these.. If I recall correctly, the past week was good for most, if not all of these stocks! I like Denison even though I don't own the stock. It has a good quality resource. It'll be worth a lot more in 3 years.. Link to comment Share on other sites More sharing options...
Delboy Posted February 8, 2011 Report Share Posted February 8, 2011 Stock update. URZ and A9Y (uranium one) are roaring away, whilst the others are back on the purchase price. I definately brought at the short term top. New year hit this sector bad. It was always a 2-3 year punt anyway. Link to comment Share on other sites More sharing options...
jerpy Posted February 25, 2011 Report Share Posted February 25, 2011 Bought some FTE as they dipped below recent placing price yesterday. In fact have fallen back a good distance from recent highs. Managed to grab 2 lots sub 7p. Now have funds in place to prove up Jorc resource later this year. Discount was only 10% off the share price at the time of fund raising. http://www.forteenergy.com.au/ Opted for these as can be held in an ISA Link to comment Share on other sites More sharing options...
Delboy Posted March 12, 2011 Report Share Posted March 12, 2011 Just sold virtually all my uranium stocks for obvious reasons. Might invest in coal now........They had not performed really and it was a ot of money for me and I could not just let it ride. Really thought I will try some junior PM miners instead. Link to comment Share on other sites More sharing options...
jerpy Posted March 13, 2011 Report Share Posted March 13, 2011 Bought some FTE as they dipped below recent placing price yesterday. In fact have fallen back a good distance from recent highs. Managed to grab 2 lots sub 7p. Now have funds in place to prove up Jorc resource later this year. Discount was only 10% off the share price at the time of fund raising. <a href="http://www.forteenergy.com.au/" target="_blank">http://www.forteenergy.com.au/</a> Opted for these as can be held in an ISA Thought FTE were going well, had managed to bank half as a cushion against a fall back, just as well since the slide the last 2 days wiped me out on the rest, (Closed at 6.7p on Fri). Also think time to leave Uranium stocks alone for awhile. Link to comment Share on other sites More sharing options...
Oddjob Posted October 4, 2011 Report Share Posted October 4, 2011 I'm starting to salivate at the sight of Uranium producer prices now. UUU at 1.94, Cameco at $18.... Still waiting for an entry point. Link to comment Share on other sites More sharing options...
jerpy Posted October 22, 2011 Report Share Posted October 22, 2011 I'm starting to salivate at the sight of Uranium producer prices now. UUU at 1.94, Cameco at $18.... Still waiting for an entry point. Always the trouble waiting for an entry point. Did the same watching GF's HAT tip, smart move that one. Still waiting with slight look of envy. Keep looking at this sector. Link to comment Share on other sites More sharing options...
jerpy Posted January 23, 2012 Report Share Posted January 23, 2012 Thought FTE were going well, had managed to bank half as a cushion against a fall back, just as well since the slide the last 2 days wiped me out on the rest, (Closed at 6.7p on Fri). Hmm FTE news. Someone doesn't know how to keep secrets me thinks. Lets see 2.1p a mere 2 trading days back last week, closing at 3p friday; to release this and peak around 3.4's on the bid today. Forte Energy (ASX: FTE) has received initial assays from a recent 10,000 metre reverse circulation drilling program at the A238 Prospect in Mauritania which confirm mineralised extensions to the northwest of the prospect and at depth below the existing uranium Resource. http://www.proactiveinvestors.com.au/companies/news/24430/forte-energy-unearths-extensions-to-uranium-mineralisation-at-a238-prospect-in-mauritania-24430.html One to look out for on volume and further mini spikes Link to comment Share on other sites More sharing options...
G0ldfinger Posted January 31, 2012 Report Share Posted January 31, 2012 U308 (which I hold) has doubled recently. But they'd have to double again just to get where they were 1 year ago. Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 9, 2012 Report Share Posted February 9, 2012 I'll move this to main for a while since it is MAJOR news out of the U.S.: first new nuclear power plant permit in 33 years! http://www.bloomberg.com/news/2012-02-09/southern-prepares-to-usher-in-new-nuclear-era-as-nrc-weighs-plan.html NRC Approves Southern’s Nuclear-Plant Construction Permit, First Since ’78... “We’ve been talking about a nuclear renaissance for years now and this is the first tangible sign that we are going to proceed in a meaningful way,” said Johnson, who is also chairman of the Nuclear Energy Institute, a trade organization. Also: Cameco Seeing ‘Strong’ Growth in China, Chief Executive Says http://www.bloomberg.com/news/2012-02-09/cameco-seeing-strong-growth-in-china-chief-executive-says.html Link to comment Share on other sites More sharing options...
John Doe Posted February 9, 2012 Report Share Posted February 9, 2012 I'll move this to main for a while since it is MAJOR news out of the U.S.: first new nuclear power plant permit in 33 years! http://www.bloomberg.com/news/2012-02-09/southern-prepares-to-usher-in-new-nuclear-era-as-nrc-weighs-plan.html Also: Cameco Seeing ‘Strong’ Growth in China, Chief Executive Says http://www.bloomberg.com/news/2012-02-09/cameco-seeing-strong-growth-in-china-chief-executive-says.html If the world is serious about future energy provision, assuming they are really worried by global warming (whether it is man-made or not) or, more likely perhaps, peak oil etc, then, for the moment, fission is the only realistic choice. As such, the number of countries that will end up doing the same will, likely, increase. Link to comment Share on other sites More sharing options...
jerpy Posted February 26, 2012 Report Share Posted February 26, 2012 U308 (which I hold) has doubled recently. But they'd have to double again just to get where they were 1 year ago. You might be interested in this if you missed it on Bubb's thread, sorry don't know how to link MP3 Dr. Keith Barron on Junior Take-Out Candidates, Gold, Numismatic Coins and Uranium Keith Barron also discusses global inflation and what hyperinflation actually looks like MP3: Jim welcomes back famed geologist Dr. Keith Barron for a wide-ranging discussion this week. Keith discusses junior take-out candidates, why gold is going over $2,000 oz., what you need to know about numismatic coins and why they are appreciating so much, as well as why you should own uranium stocks in your portfolio http://www.greenenergyinvestors.com/index.php?showtopic=15896&view=findpost&p=241265 Link to comment Share on other sites More sharing options...
chazza Posted September 19, 2012 Report Share Posted September 19, 2012 GCL LN (Geiger Counter): I just saw the price of this recently: 33p! From a high of 133.25 in April last year. Lows at 12. 4 years ago (from what i can see). I havent looked at Uranium for a while. Anyone following the sector closely? Link to comment Share on other sites More sharing options...
jerpy Posted January 3, 2013 Report Share Posted January 3, 2013 Maybe this is the bounce back year? http://uraniuminvestingnews.com/13407/uranium-outlook-2013-rebound-demand-supply-price-market.html?utm_source=Resource+Investing+News&utm_campaign=1740f4a492-RSS_EMAIL_CAMPAIGN&utm_medium=email Noticed this article on the FTE thread (which a had a good day without news - heavily ramped though) Link to comment Share on other sites More sharing options...
jerpy Posted February 5, 2013 Report Share Posted February 5, 2013 Noticed this article on the FTE thread (which a had a good day without news - heavily ramped though) Close in London following the N.R in Oz suggests a bit more than b.b gossip lurking round the corner. Heavy trade at close for FTE saw shares near 50% up on y.t.d(though spread can be wide) and double to mid Dec - obvious expectation of something about to happen. These had fell a long way! Link to comment Share on other sites More sharing options...
jerpy Posted February 9, 2013 Report Share Posted February 9, 2013 Bizarre! FTE had yet another high volume day on AIM to finish at 2.4p, yet still suspended on ASX On 5th Feb the company "advised that advanced negotiations are continuing on a number of different transactions", yet the lightly regulated AIM list allows trading to continue, with shares slowly breaking out - lurching all over last 3 days! Something brewing as per ASX disclosure, but the AIM trading just reinforces the differnce in exchanges. Oh well guess it will allow someone a position one way orr the other. P.S I do hold, hence the interest Link to comment Share on other sites More sharing options...
jerpy Posted February 11, 2013 Report Share Posted February 11, 2013 Hmm.... move on 11th Feb ASX and AIM release on the ASX Trading halt and "The Company advises that negotiations are continuing in relation to a potentially significant transaction..." Now a cynic might also think there is an element of teasing the AIM price higher, surely not to get a placing away? On the other hand it could be one final piece of whatever significant news remains to be completed that will transform the company. Have to say the dual list difference intrigues me here. Link to comment Share on other sites More sharing options...
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