Seeking Alpha

Simit Patel

 
View as an RSS Feed
View Simit Patel's Comments BY TICKER:
Latest  |  Highest rated
  • Facebook Will Likely IPO With A P/E Of At Least 50, Or Why It's Overvalued From The Start [View article]
    thank you for the correction -- my apologies for the error.
    Jan 30 10:23 AM | Likes Like |Link to Comment
  • Uranium Supply Crunch Coming By 2016 - How Far Off Till Thorium Is A Substitute? [View article]
    U308 is a company i've been watching and plan to write about shortly. :)
    Jan 28 03:04 AM | 1 Like Like |Link to Comment
  • Uranium Supply Crunch Coming By 2016 - How Far Off Till Thorium Is A Substitute? [View article]
    hi nima, yes, i think south korea, china, and india are going to be the driving markets behind nuclear. something i didn't get to mention in the body of the article is that lightbridge has been doing some work in korea which i think is also beneficial for them and for perhaps for thorium at large.
    Jan 27 05:33 PM | Likes Like |Link to Comment
  • Uranium Supply Crunch Coming By 2016 - How Far Off Till Thorium Is A Substitute? [View article]
    yes i agree that is something thorium investors will need to pay attention to, and in fact to the extent that uranium and thorium are competing much of the battle will be about which value network can innovate faster and better. uranium of course has the upper hand for now, although the abundance and environmental benefits of thorium lead me to think it may have a growing role to play
    Jan 27 05:32 PM | Likes Like |Link to Comment
  • Uranium Supply Crunch Coming By 2016 - How Far Off Till Thorium Is A Substitute? [View article]
    thanks canary! glad you are finding value. i agree thorium, uranium, and basically the whole nuclear sector have potential to be quite a wild ride.
    Jan 27 05:31 PM | Likes Like |Link to Comment
  • With Crude Over $100 Nuclear, Not Solar, Is The Alternative [View article]
    none of that matters. all that matters is that solar does not have enough energy or power density to be a real replacement for fossil fuels. nuclear does. it's a matter of physics and economics, not politics.
    Jan 26 12:02 PM | 3 Likes Like |Link to Comment
  • Nevsun: Another Great Gold Stock In The Market Cap Sweet Spot Of $1 - $2 Billion [View article]
    hi skwest,

    my mistake -- i thought i had included a link to that information in this article but looks like i forgot to add the link. here it is: http://bit.ly/xMQEuN

    scroll down on that page and you'll see a chart with the timeline of their expectations. looks like the project starts to yield more starting in 2016. i would expect their operating costs to go up by then as well, but it seems to me the price of minerals and their output will likely more than makeup for an increase in mining costs.
    Jan 25 04:01 PM | Likes Like |Link to Comment
  • With Crude Over $100 Nuclear, Not Solar, Is The Alternative [View article]
    agree totally with davewmart here. the solar/wind crowd excel at concealing the true calculations of power. i do tihnk there is some truth to the notion that nuclear does take a little more time and money to get things going (though not as long or expensive as the renewables crowd likes to suggest) and so i do believe natural gas does have a role to play as a bridge technology until we complete the transition to a world in which nuclear is the dominant technology for power production.

    those obsessed with solar should focus on creating a technological breakthrough that can make solar feasible for baseload power. storage and transmission solutions is what we're all waiting on. i'm an optimist and would love to see it, but we've been waiting a long time already. meanwhile, nuclear just keeps getting better and the energy situation keeps getting more dire. time to wake up and see the situation for what it is.
    Jan 24 01:53 PM | 2 Likes Like |Link to Comment
  • Uranium ETF Up 22% In First 3 Weeks Of 2012 - This Is Just The Beginning [View article]
    agree on thorium, but the price of nuclear derived from thorium needs to go down, and more people need to show interest in it. agreed it has a future, and an important one, though.
    Jan 23 11:08 PM | 1 Like Like |Link to Comment
  • Uranium ETF Up 22% In First 3 Weeks Of 2012 - This Is Just The Beginning [View article]
    well i think this is a fantastic buy and hold opportunity so i'm not focused on identifying a target exit price just yet -- i think we will see new all-time highs -- though i would expect a good bit of selling to come in at around $18.50 on URA, as that is where it was at last march prior to fukushima. the market had a big gap down after that and i think some selling on the close of the gap is a high probability event. but of course, i got my eyes on the long-term.....i think this is a fantastic opportunity with much, much room to go.
    Jan 23 05:37 PM | 2 Likes Like |Link to Comment
  • AuRico Gold: Another Safe Mining Stock To Buy [View article]
    i wouldn't say i'm concerned, just noting that $680 is above many others. goldcorp is running at below $300. and $680 is fine with gold at these prices, but if it were to fall to $850? that'll cause some folks to sweat, and some to bail. i don't think such a fall is likely, but i do tihnk it is possible. and no i don't believe the gold bull is anywhere near done.

    i do want companies to pay dividends, although i'm not concerned with that for AUQ. it is a growth play and the fact that it has positive earnings means dividends are on the way. if AUQ can continue to grow, it will be at a point where it can issue very nice dividends which in turn will attract even more capital seeking safety -- thus pushing share price even higher. so it doesn't issue dividends yet, which i think is perfectly fine, but i do think it is positioning itself too, which i think is great and is one of the reasons i am getting in now.
    Jan 23 05:30 PM | 1 Like Like |Link to Comment
  • With Crude Over $100 Nuclear, Not Solar, Is The Alternative [View article]
    solar panels cannot produce and store enough energy to meet demand. all the countries that run from nuclear enjoy higher energy costs and often do not even reduce carbon emissions. nuclear is, of course, emission-free -- and a provider of baseload energy. the only way solar can work is if society is vastly restructured so that baseload energy is not needed or if there is some type of a breakthrough in solar technology that makes it easier to store and transport. both of these seem unlikely in the near term.

    germany, the poster child of the erroneous anti-nuclear movement, pays more for electricity than almost anyone and, humorously, has to import energy from france because it is unable to generate enough on its own without nuclear. and what does france use to generate its power? nuclear....lol

    this is precisely why germany will go back to nuclear and why other countries, even japan, are still investing in nuclear. nuclear is not perfect but it beats everything else that we know of on virtually every dimension. and it sure beats not having power at all.
    Jan 23 05:22 PM | 2 Likes Like |Link to Comment
  • Uranium Energy Corp.: The Best Opportunity In Uranium [View article]
    fair enough, perhaps i should have noted their marginal costs *thus far* are under $25 per pound. what is critical to their marginal cost and why i believe they will continue to have a cost advantage is their employment of ISR techniques, which is their primary focus. the cost here are lower than conventional open pit mining and UEC is committed to this process and has some the best and brightest geologists with a rich understanding of ISR mining. their COO is a prime example.
    Jan 23 04:30 PM | Likes Like |Link to Comment
  • With Crude Over $100 Nuclear, Not Solar, Is The Alternative [View article]
    excellent article. haters will hate but nuclear is inevitable; it is basically the only option that does not require some type of massive social re-organization or some type of technical breakthrough nowhere in sight. nuclear is not perfect but nothing is, and nuclear is easily the best of the lot. which is precisely why it continues to remain an appealing option -- perhaps the only realistic option in the long run.
    Jan 23 04:27 PM | 3 Likes Like |Link to Comment
  • For Apple's Textbooks To Succeed, It Needs To Find The Right Customers [View article]
    i would argue the iphone found a new market for those who needed/wanted a pocket sized computer. if you wanted a pocket-sized computer, it was slim pickings before the iphone came along and found the right formula.
    Jan 19 05:03 PM | 1 Like Like |Link to Comment
COMMENTS STATS
219 Comments
137 Likes