How a Nuclear Renaissance Could Create Nuclear Consolidation [View article]
1 Cameco Canada 948 5 2 ERA (Rio Tinto) Australia 625.4 3 Extract Resources Australia 390.7 4 Paladin Energy Australia 371.4 5 First Uranium Corp. Canada 257.7 6 Uranium One Canada 195.0 7 Bannerman Res. Australia 129.4 8 Uranium Resources USA 101.7 9 Forsys Metals Nambia 86.7 10 Mantra Resources Australia 84.3 11 UEX Corp Canada 82.7 12 Deep Yellow Australia 80.8 13 Denison Mines Canada 75.3 14 Berkeley Resources Canada 74.8 15 Strathmore Minerals Canada 71.5
It seems they should be on the list, but as this list comes from UBS, October 22 of 2010. Do you have different figures? Please let me know if you have a better finding.
Uranerz Energy: Production to Come Online Next Year [View article]
This past week there were two sellers. The first of 1.1 million pounds and then another seller of a half million pounds. This seemed to give buyers some strength, but there is a pretty good chance this will be short lived. Everything I have read states there is very little inventory out there, and the ones with it arent in the position to sell it. Im sure in a couple of weeks, the Chinese will buy something else. Back to URZ, I am unsure how, but they are keeping costs down significantly. It will be interesting where these costs will go in the next couple of years.
Cameco Should be a Big Player in Nuclear Renaissance [View article]
It seems this is more of the reason for the parabolic pullback over the past couple of days. I think they have been punished more than they should have here. Bought a chunk today at $3.60. If it goes down more, Im gonna continue to buy. Thanks for the help and one more thing. I didnt see why they cut up shares, any ideas or viewpoints?
How a Nuclear Renaissance Could Create Nuclear Consolidation [View article]
Great article, but a question. Where do you see uranium going from here? The last two weeks of the uranium spot price have been bad with well over a million pounds finding its way. I have heard there is no real inventory ready to hit the market, but am unsure.
Uranerz Energy: Production to Come Online Next Year [View article]
Thanks bobbyc. I am thinking that some of these companies based in the US are going to profit significantly over the next few years. This pullback in uranium is a great place to get back in. Nichols Ranch operating costs of $24 is on page 18 of the Uranerz January 2011 presentation on their website. That number is $35/lb if taxes and royalties are included. I think all in operating costs on ISR mines are between $32 and $39 per pound with the information I have read. Have a great day
The Long Case for Stillwater Mining [View article]
Its a funny thing on the price of oil. I think $200 a barrel is more scary than anything. If we have $200/barrel I heard somewhere we would have an average of $5 gallon of gas. Which I think is sustainable, because those who would have a hardship from that specific price, would probably buy a smaller, more fuel efficient vehicle, which would create one more catalytic converter. It will be interesting though, oil price will keep moving up as long as there are political/war issues in any of the OPEC nations.
How a Nuclear Renaissance Could Create Nuclear Consolidation [View article]
Thanks for you input, you make a good point. Nice to hear another side to the story. I am pretty sure that both of these facilities will be completed and partially financed. The amount of uranium that will be coming out of the United States in the upcoming years is probably alot more than what the average person would speculate. Have a great day.
Oasis Petroleum: A Pure Bakken/Three Forks Play [View article]
I closed out my DNN and URRE positions based on a pullback in spot price due to 1.1 million pounds of uranium hitting the spot market. These names have been good to me this year, but when volitility comes back to the market, some of these names will get hit. I just took profits, and am waiting for market stabilization to place a new position. Still a great place to be this year.
Cameco Should be a Big Player in Nuclear Renaissance [View article]
I still think you could cost average in with your holding, unless taking the tax writeoff is better. I think this pullback will be short lived and it is only a guess, but in the medium term all of these stocks will start running again. Just need sellers of uranium to hold tight and stick to getting higher prices for their uranium. That is the only problem, as it is impossible to know when. I am still out of the market, will wait for a day of 6 times volume and a big spike in one of these names to formulate a position. Long term nothing has changed for these names, only a few sellers getting rid of excess inventory. Hope this helps
How a Nuclear Renaissance Could Create Nuclear Consolidation [View article]
2 ERA (Rio Tinto) Australia 625.4
3 Extract Resources Australia 390.7
4 Paladin Energy Australia 371.4
5 First Uranium Corp. Canada 257.7
6 Uranium One Canada 195.0
7 Bannerman Res. Australia 129.4
8 Uranium Resources USA 101.7
9 Forsys Metals Nambia 86.7
10 Mantra Resources Australia 84.3
11 UEX Corp Canada 82.7
12 Deep Yellow Australia 80.8
13 Denison Mines Canada 75.3
14 Berkeley Resources Canada 74.8
15 Strathmore Minerals Canada 71.5
It seems they should be on the list, but as this list comes from UBS, October 22 of 2010. Do you have different figures? Please let me know if you have a better finding.
Uranerz Energy: Production to Come Online Next Year [View article]
Cameco Should be a Big Player in Nuclear Renaissance [View article]
Cameco Should be a Big Player in Nuclear Renaissance [View article]
How a Nuclear Renaissance Could Create Nuclear Consolidation [View article]
The Long Case for Stillwater Mining [View article]
Uranerz Energy: Production to Come Online Next Year [View article]
I am thinking that some of these companies based in the US are going to profit significantly over the next few years. This pullback in uranium is a great place to get back in. Nichols Ranch operating costs of $24 is on page 18 of the Uranerz January 2011 presentation on their website. That number is $35/lb if taxes and royalties are included. I think all in operating costs on ISR mines are between $32 and $39 per pound with the information I have read. Have a great day
The Long Case for Stillwater Mining [View article]
The Long Case for Stillwater Mining [View article]
Cameco Should be a Big Player in Nuclear Renaissance [View article]
How a Nuclear Renaissance Could Create Nuclear Consolidation [View article]
Oasis Petroleum: A Pure Bakken/Three Forks Play [View article]
Cameco Should be a Big Player in Nuclear Renaissance [View article]
SandRidge Energy: Low Risk, Low Cost Oil Production [View article]
SandRidge Energy: Low Risk, Low Cost Oil Production [View article]