Party time for U stocks on Tuesday. Can't imagine 113 was factored in. Maybe 100, but 113! :band It's my birthday on Tuesday too.I confirm $113/lb is correct.
Party time for U stocks on Tuesday. Can't imagine 113 was factored in. Maybe 100, but 113! :band It's my birthday on Tuesday too.
Still, I'm looking with interest on the day the price goes down. Might see a little correction then. Maybe. If it ever happens.
I should add, it doesn't mean that all U stocks will be invited to the party! Just the good ones perhaps.Party time for U stocks on Tuesday. Can't imagine 113 was factored in. Maybe 100, but 113! :band It's my birthday on Tuesday too.
Still, I'm looking with interest on the day the price goes down. Might see a little correction then. Maybe. If it ever happens.
Hi, I haven't checked information lately on the Canadian Uranium Miner that had a set-back at their mine due to flooding. When this mine eventually comes onstream won't we get a slide in the current uranium price?
Hi, I haven't checked information lately on the Canadian Uranium Miner that had a set-back at their mine due to flooding. When this mine eventually comes onstream won't we get a slide in the current uranium price?
Party time for U stocks on Tuesday. Can't imagine 113 was factored in. Maybe 100, but 113! :band It's my birthday on Tuesday too.
Still, I'm looking with interest on the day the price goes down. Might see a little correction then. Maybe. If it ever happens.
Happy Birthday, Kennas, what a birthday present! I have to cancel mine I don't want you to think I am too stingy
While some ASFers are still not wake up yet, believe the wind blows, sunshines, tide waving are the solution to the global environment problem. I fell sorry for them. The best advice to these people is to live in a cave
Seriously, and seriously, if these people still can wake up tomorrow, or Tuesday morning, you still can make some serious money.
To these renewable mindset, remember what I said today, if you invest a selective bunch of uranium stocks on Tuesday, I bet my house on that you will make 3 times more return that the best renewable stock you can get.
The mother of all energy is nuclear energy, you like it or not, believe it or not, it is a FACT. Accept it, and enjoy it....
Party time for U stocks on Tuesday. Can't imagine 113 was factored in. Maybe 100, but 113! :band It's my birthday on Tuesday too.
Kennas
Then you are not keeping up with the game, are you!
The sealed bid auction was well known as a big trigger point, and this article came close to getting the forecast number right with some astute analysis - but still underpriced it:
http://www.kitco.com/ind/Kirtley/mar302007.html
Yellow cake for your birthday, kennas?
Sounds like it could be a good time to buy some unhedged U stock. Anyone knows which U stock are unhedged ? I believe PDN is well placed and is partially unhedged
I dont think hedged/unhedged really matters.
Obviously it does to company profits, but look at ERA share price the past year, and it sells its uranium at $us16.50/lb!
On ASX, only two pure producers, ERA and PDN. The rest is still on drawing board. Whoever can produce sooner will be the amount the winers.My take on that is that the most unhedged you are at the moment if you are a producer like PDN then your profit will jump as you can sell at market rate so in my opinion being unhedged is a big advantage in the current market but you have to have something to sell
The numbers certainly stack up for the uranium companies with a known resource.MTN - AGS - PNN will produce in the next few years and will secure contracts prices of potentially $200 + per pound.
All of them in South Australia and will get state and federal backing to go ahead.
Australia is politicly safe and the big end of town will support these.
PDN is PDN and will continue to grow at a staggering rate because of a brillant CEO.
PDN will move on one of these (MTN - AGS -PNN ) when it is confirmed that Beattie will not mine u to keep the coal producers happy ( coal miners usually vote labour so you don't mess with your supporters ).
I confirm $113/lb is correct.
To break through the $100 mark in such a strong fashion is indeed excellent news. This may well give the market an extra boost this week coming. One only has to look back to the start of Mar 07 when many so called "experts" were pushing people to sell their uranium shares. Luckily I ignored their free advice.
Good luck to all holders of uranium shares.
DYOR
That's one of my main reasons for giving away my full service broker 7 years ago. They all seem to think that they are always right and often encourage their clients to trade often in order to maximise their commissions.Silly broker said the same thing only yesterday in the sunday times.
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