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Uranium the metal for 2007?

Discussion in 'Commodities' started by moses, Jan 6, 2007.

sentifi.com

Aussie Stock Forum Sentifi Top themes and market attention on:

  1. 56gsa

    56gsa

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    Now they're reporting this won't come on line till 2013 - I think this was originally 2010 - so theres 3 more years of reduced supply
     
  2. lancer

    lancer

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    its James Dines, he has been pushing Uranium for 3 years now. It is a newsletter subscription....
     
  3. 56gsa

    56gsa

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    this estimated bottom looks good for selected aussie U stocks although MTN is struggling to rise since
     

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  4. 56gsa

    56gsa

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  5. powerkoala

    powerkoala

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    well guess what?
    after this thread starting to appear, some uranium sp get up really well.
    yesterday is bmn, and today is the rest.
    what do you know?
    maybe uranium hype is not quite dead after all.
    cheers:p:
     
  6. eMark

    eMark

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    An interesting read. This is an excerpt from a rather negative article regarding the state of affairs re the economy, stockmarkets, and the overall future of the USA.

    Click below for full article.

    http://www.kitco.com/ind/grandich/oct152007.html

    Grandich Letter Special Alert: Man Your Battle Stations


    U.S. Stock Market -

    As noted earlier, my bearishness for U.S. stocks (not including precious metals and uranium related) has become so acute that I have taken a very rare step for me and shorted the S&P 500 and NASDAQ. Because I see no long term way of avoiding a plethora of social, economic and political ills and the short swoon in August as a gift–from-God-warning of things to come, I would sooner be 100% cash versus 100% long. Knowing as my old boss stated 20 years ago that almost no one sells everything or close to everything, I want you to recall how you felt in August and remember the old saying, “Fool me once, shame on you. Fool me twice, shame on me!


    Uranium -

    First and foremost, I am now officially jumping back in the bullish camp. A much needed but painful correction is all but over and as previously forecasted, I believe only companies with clearly defined production or real deposits that have more than average chances to become producing mines will rule the day. The risk on uranium prices is $50 to the downside and $150 to the upside.

    The world is now addicted to electricity for business and pleasure. We live in an “always on” world. From computers to cell phones and air conditioning to streetlights, we need more and more juice. In fact, experts say we’ll need 40% more electricity by 2030. While nuclear alone won’t get us there, it’s winning out over most other avenues. New power plants fueled by coal have been put on hold in the U.S. because conventional coal plants are too dirty to build and the cost of cleaner plants is too high. Geothermal power and wind are useful but won’t even come close to being the main source for electricity. On the producer side, I fancy Denison over Cameco and find Uranium One interesting. On the development side, I think Aurora, Laramide and especially Ur-Energy are worthy of your interest.
     
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