savvy_trader

3 Comments

Seven Uranium Stocks to Fuel Your Portfolio [view article]
Look at the deposit grades (%U3O8). Cameco has the grade to support their costs. At current market prices, who else does? These companies need to be disclosing what their production costs are before I would invest a single dime. Jul 11 11:37 AM
Nuclear Power's Second Coming Will Lead to a Uranium Boom [view article]
Uranium mills are not very useful if you have no feed for them. Take a look at the mine's reserve grades (%U3O8), mining costs ($/ton & $/lb) and distance to the nearest processing facility. Only the higher grade deposits (>1% U3O8) are viable unless the current spot price doubles. The lower grade deposits will have to wait until these richer deposits play out. Currently, most uranium producers do not want to disclose their costs, and for good reason! Do you homework before investing. Jul 11 11:31 AM
Denison Mines: A Play on Escalating Uranium Demand [view article]
Denison reserves are relatively low grade. What are their production costs? These deposits cannot compete financially with the bigger player's higher grade deposits and will only be exploitable when the spot price rises above $100. As an analyst, you are not asking the right questions! Jul 11 11:20 AM

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