SI
SI
discoversearch

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 : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?


To: AuBug who wrote (9557)3/27/2007 2:08:15 PM
From: TheSlowLane  Read Replies (2) | Respond to of 30200
 
DJEhuty - Bob Kirtley may or may not be a wild-eyed dreamer. If he is, then Jim Dines and Bob Moriarty are in the same category. Bob has indicated that he would not rule out $500 on a spike and Dines has said that there is practically no limit to where uranium could go on a spike.

While I tend to discount truly nonsensical forecasts, markets can do strange things at times and exceed even the most wildly optimistic forecasts under certain conditions. A few years ago, people who talked about $100/lb uranium were also regarded (by some) as complete fools with heads full of mush. Those fools have gotten a lot smarter over the intervening period, I guess.

At any rate, I don't think we need a super-spike in the uranium price to make these stocks attractive. All we have to do is sustain the current level and most of the near-term producers should be able to do quite well. Nevertheless, my guess is that the U spot price will continue to grind higher.

I visit MySpace on occasion to see what the unwashed masses are saying about uranium. The answer is...almost nothing at all. It is very difficult to find any uranium-related posts on the investment-related message boards there. And you'll have a newfound appreciation for the quality of these boards after visiting! One post I saw yesterday indicated that $8,500/ounce is the "next stop" for gold. ROTFLMAO! Now THERE is a wild-eyed dreamer, for sure!

Cheers,
tsl



To: AuBug who wrote (9557)3/27/2007 3:00:44 PM
From: russet  Read Replies (2) | Respond to of 30200
 
We want tens of thousands of those wild eyed dreamers pushing up shareprices of our stocks. The more the merrier. I owe every gain I've ever made in the market to them:-[)



To: AuBug who wrote (9557)3/27/2007 4:36:20 PM
From: energyplay  Read Replies (1) | Respond to of 30200
 
The US presidential elections are starting, and the hedge fund industry has traditionally been a large contributor to both parites. Lots of talk about hedge funds, but any real restrictions yet ?

The government prohibition could happen in other countires, of course. So if can bans hedge fudns from holding Uranium, the hedge fudns can use their Cayman Islands home office to buy Uranium in Namibia or South Africa.