Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (28589)	12/29/2006 11:13:31 PM
From: Gib Bogle	Read Replies (2) \| Respond to of 78408

I really don't think U is a flash in the pan. The price of U is a very small consideration in operating a nuclear power plant, so the demand is not going to be affected by price until it is much more expensive. The amount of mineable U in the ground is not great, and the explorers that make good finds are going to make out like bandits. To see how sensitive the price is to changes in supply, look what happened when Cameco's Cigar Lake mine was flooded. The other enormously important factor is the shift in attitudes towards nuclear power as a consequence of the concerns about climate change (whether or not they're well-founded). When well-respected environmentalists come out in favour of nuclear over fossil fueled power generation, you know there has been a significant change. I now have about a dozen U stocks. A couple are doing well, and I missed buying a few that are doing well. In case anyone is interested, these are the ones I'm holding: ALZ.V CHX.V DML.TO ERA.AX FDC.V JNN.V PXP.V SAN.V SMM.AX STM.V ULU.V URME.OB URZ UUL.V (you could add DJE.V, because it owns about 40% of TUE.V).

To: koan who wrote (28589)	12/29/2006 11:31:42 PM
From: TheSlowLane	Read Replies (3) \| Respond to of 78408

koan - I agree with Gib's take on this. The fundamentals of the U market seem easier to understand than any of the other metals, imo. You have a long-term supply deficit that has been accomodated by the "swords into plowshares" conversion of weapons-grade material into fuel. Demand is inelastic as there is no fuel-switching options for existing plants. Picking the winners is another story, but the templates that work for the other metals more or less apply to the U sector as well. Strong management teams with deep industry experience and a track record of exploration success, good property portfolios, cash in the bank, decent share structure. You're a smart guy, you will figure it out if you so desire! Read a couple of the articles listed in the header of the Uranium Stocks board and that will give you a good foundation. The more I studied the situation, the stronger my conviction became. Dines is no dummy and he says it is still very early in the game. All the best, tsl

To: koan who wrote (28589)	12/30/2006 5:36:48 AM
From: Herb Duncan	Read Replies (1) \| Respond to of 78408

Good morning, re U for what its worth I took a position about 9 months when it was not quite as hot. Since it is not as well understood by most I believe the ramp may take a little longer,Generally speaking have fared quite well. I have pdn, stm, ncr and alz, more recently cmk and ulu. All except alz are moving along quite nicely. The story on alz is that they have good properties in Aussie land but require and agreement with the aboriginals to drill, rumour has it agreement pending. If that happens alz should take off, hope so I am sitting with 100k and underwater. Current;y I have the lions share in u, zinc, silver and gold with a bit of nickel cobalt etc. Lets hope that 2007 is a kick ass year.