Comments on Kelvin Chan's articles RSS Syndication from SeekingAlpha.com http://seekingalpha.com/author/kelvin-chan/articles http://seekingalpha.com/article/29263-era-uranium-mine-cuts-production-declares-force-majeure?source=feed#comment-397534 397534 Sat, 21 Feb 2009 08:40:37 -0500 ]]> http://seekingalpha.com/article/102065-uranium-unloved-and-unwatched?source=feed#comment-292795 292795 Tue, 28 Oct 2008 16:29:01 -0400 You see nobody thinks to take into account world uranium inventories. I recently read an investment sheet from the USA asking where we in the UK thought we would get our uranium supplies from for our proposed new reactors. Well I can tell you we have already got a 30 year pile of it and it is already enriched and ready to use.
Also Russia announced recently it has 60 years worth of supplies and that takes into account new build.
India just announced they have115000 tons of the stuff ! That is almost double the amount of all the worlds existing plants requirements to fuel their reactors for one year.
The shortage is a total myth]]> http://seekingalpha.com/article/102065-uranium-unloved-and-unwatched?source=feed#comment-292643 292643 would like to learn good reason to own ccj. I'm not against the company, > just don't see why buying a flooded mine is a good idea.]]> Tue, 28 Oct 2008 14:04:42 -0400

On Oct 28 11:17 AM siliconsamur ai wrote:

> would like to learn good reason to own ccj. I'm not against the company,
> just don't see why buying a flooded mine is a good idea.]]> http://seekingalpha.com/article/102065-uranium-unloved-and-unwatched?source=feed#comment-292544 292544 Tue, 28 Oct 2008 12:39:25 -0400 http://seekingalpha.com/article/102065-uranium-unloved-and-unwatched?source=feed#comment-292454 292454 Tue, 28 Oct 2008 11:17:47 -0400 http://seekingalpha.com/article/102065-uranium-unloved-and-unwatched?source=feed#comment-292449 292449 Tue, 28 Oct 2008 11:14:37 -0400
I'm not an internet tout so I won't list companies, but some I have invested in are actually selling below cash value! i.e. the total stock value of the company is LESS than their cash on hand. One, Alberta S** not only acknowledged this recently but stated that they are conserving cash. that means that their stock price is 100% + covered by their cash reserves, they aren't spending them on exploration, AND they own vast land concessions.
]]> http://seekingalpha.com/article/102065-uranium-unloved-and-unwatched?source=feed#comment-292445 292445 Tue, 28 Oct 2008 11:10:03 -0400
Long term contracts are critical because no sane manager would rely on the spot market to keep the lights on in his/her country.

Consider the SWU price for usable uranium and the fact that India has cut back power production due to a lack of uranium. (SWU vs U oxide prices is comparable to the difference between crude oil which is only sold to refineries and gasoline which you can actually use.

Fortunately Congress recently permitted Thorium Power Ltd (VA) to expand its services to India in addition to current work in Russia.

]]> http://seekingalpha.com/article/102065-uranium-unloved-and-unwatched?source=feed#comment-291444 291444 Mon, 27 Oct 2008 10:30:18 -0400
1. Uranium demand is absolutely recession proof over the next 5 years. Essentially all demand comes from existing plants, which have very low operating costs compared to coal, oil, and gas. This demand is also not affected by liberal or conservative politics--those policies for new plant construction will only impact demand over 5 years out, and only potentially increase demand.

2. Uranium consumption has outstripped supply in the last 10 years, and inventories have nearly all been consumed. New and more expensive mines will absolutely be required in the next 5-10 years, requiring the average price of uranium to rise to the cost of development and production of these new mines.

3. The result of the recent entry of speculators into the uranium market was for them to buy up spot uranium supplies and push the price to $150--over the average required price. As a result of the financial meltdown and the falling price of other commodities, these speculators have been dumping their uranium into the spot market in the last few months, depressing the price below the average required price.

4. The amount of uranium held by speculators is only a small percentage of demand, and once the speculators have dumped their inventories, the spot price will rise--most likely withing the next 6 months.

Because Wall Street doesn't understand these basics, the price of some good uranium companies has been depressed well under their true value. Long term investors will do well to buy at current prices. Short term investors should wait until the spot price starts to recover, and then get in quickly.

]]> http://seekingalpha.com/article/102065-uranium-unloved-and-unwatched?source=feed#comment-291413 291413 Mon, 27 Oct 2008 09:56:40 -0400 http://seekingalpha.com/article/36081-american-uranium-investors-focus-on-yellowcake?source=feed#comment-88721 88721 Fri, 15 Jun 2007 16:03:00 -0400 http://seekingalpha.com/article/31876-unhedged-uranium-producers-take-advantage-of-increasing-prices?source=feed#comment-83911 83911 Tue, 10 Apr 2007 12:15:04 -0400 http://seekingalpha.com/article/31876-unhedged-uranium-producers-take-advantage-of-increasing-prices?source=feed#comment-83851 83851 Tue, 10 Apr 2007 08:43:56 -0400