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To: PaperPerson who wrote (2936)2/28/2008 11:27:40 AM
From: calgarylady  Respond to of 23131
 
Another thing though we do have to watch the dollar. Most said they were hedged to about $1.05 but any lower and its really cutting into profits. That could be the hesitation on buying even though the commodity itself is flying.



To: PaperPerson who wrote (2936)2/28/2008 12:00:02 PM
From: UPTICK  Read Replies (1) | Respond to of 23131
 
Shoot First...if I may!!!

Has you probably know, U is a different business than other metals. There's no LME to fix prices. The spot price doesn't mean much. Only producers that tie long term ( typically 20 to 30 years at good prices but below spot, with escalation clauses... ) contracts with the utilities, make money. Besides since it is difficult stuff to mine and to bring in prod. new producers will be rare. Maybe EFR.TO is close and worth to look at.
Thus all the co., hundreds of them, aren't worth a penny till they find something, like diamond co. and again like diamond co. they show off more than they have.
So a basket or a fund of U stocks should have 75% producers 20% near term producers, and 5% long shot stocks...
GUR.to is only about 40% in producers and near term producers thus they are in a long shot position by themselves...( Fund is down to $5.xx from $10.00 when it was sold less than a year ago...)
As the market discriminates in U stocks I think the producers will come back ( DML,CCO )but the bubble we have seen in small explorers will not come back...and I hope so for the small investors for they will loose money as in 2007.
I don't want you to take that opinion as a lesson...as Koan would say... but... This is the way I see the U market. Thanks for your "digs" ( IDK if I can say that??? for researches) they are always appreciated.



To: PaperPerson who wrote (2936)2/28/2008 12:14:39 PM
From: calgarylady  Respond to of 23131
 
Another U warrant. This is play right on the commodity itself. Anyone in the US don't read this...lol

Uranium Participation Corporation-New Issue
TORONTO, ONTARIO--(Marketwire - Feb. 28, 2008) -

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Uranium Participation Corporation (the "Company or Uranium Participation Corp.") (TSX:U) has today entered into an agreement with Cormark Securities Inc. on behalf of a syndicate of underwriters which consists of Cormark Securities Inc., CIBC World Markets Inc., Dundee Securities Corporation, Raymond James Ltd., Scotia Capital Inc., TD Securities Inc., and National Bank Financial Inc. (the "Underwriters") pursuant to which the Underwriters have agreed to buy and sell to the public 6,375,000 common shares of the Company at a price of $10.20 per common share, representing an aggregate amount of issue of approximately $65.0 million (the "Offering"). Closing is expected on or about March 19, 2008 and is subject to regulatory approval including that of the Toronto Stock Exchange.

The Underwriters also have an option to purchase up to an additional 956,250 common shares at the issue price to cover over-allotments for a period of 30 days after the date of Closing.

The net proceeds of the Offering will be used to fund the purchase of 900,000 lbs of U3O8.

Caution Regarding Forward-Looking Information

This press release contains certain forward-looking statements and forward-looking information that are based on Uranium Participation Corp.'s current internal expectations, estimates, projections, assumptions and beliefs. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intent", "estimate", "anticipate", "plan", "should", "believe" or "continue" or the negative thereof or variations thereon or similar terminology.

By their very nature, forward-looking statements involve numerous factors, assumptions and estimates. A variety of factors, many of which are beyond the control of Uranium Participation Corp., may cause actual results to differ materially from the expectations expressed in the forward-looking statement. These factors include, but are not limited to, changes in commodity prices and foreign exchange. For a description of the principal risks of Uranium Participation Corp., see "Risk Factors" in Uranium Participation Corp.'s Annual Information Form dated April 30, 2007, a copy of which is available at www.sedar.com.

These and other factors should be considered carefully, and readers are cautioned not to place undue reliance on these forward-looking statements. Although management reviews the reasonableness of its assumptions and estimates, unusual and unanticipated events may occur which render them inaccurate. Under such circumstances, future performance may differ materially from those expressed or implied by the forward-looking statements. Except where required under applicable securities legislation, Uranium Participation Corp. does not undertake to update any forward-looking information statement.

About Uranium Participation Corporation

Uranium Participation Corp. is an investment holding company created to invest at least 85% of its assets in uranium oxide in concentrates (U3O8) and uranium hexafluoride (UF6) with the primary investment objective of achieving an appreciation in the value of its uranium holdings. The uranium holdings are physically stored in duly licensed facilities located in Canada, France and the United States. The strategy of Uranium Participation Corp. is to invest primarily in long-term holdings of U3O8 and UF6 and not to actively speculate with regard to short-term changes in uranium prices.

Additional information about Uranium Participation Corp. is available on SEDAR at www.sedar.com and on Uranium Participation Corp.'s website at www.uraniumparticipation.com.


CONTACT INFORMATION:
Uranium Participation Corporation
E. Peter Farmer
President
(416) 979-1991 Ext. 231





To: PaperPerson who wrote (2936)2/28/2008 12:51:33 PM
From: bbdd  Read Replies (1) | Respond to of 23131
 
I feel that LONG TERM Uranium has to be the answer to our power needs/climate change, but I feel the markets are too jumpy to get invested big time in the U sector. It just got too beaten up on the way down last year. You could say that is a reason to get in now and you may be right - however I see better value and upside for the moment in PM stocks, so that is where I have my money. I'm keeping an eye on the spot price (I know it doesn't really matter to the producers because they sell according to the long term price) but it is relevant to market sentiment. Also watching the technicals which are beginning to look encouraging. Check out this blog if you don't already know it:

techuranium.blogspot.com

I've got some of the new PNP warrants and also hold some Geiger Counter units and warrants (it trades on the LSE)

ncim.co.uk

But keep those suggestions coming : )

Baz



To: PaperPerson who wrote (2936)2/28/2008 1:48:22 PM
From: roto  Read Replies (1) | Respond to of 23131
 
'cheap' MGA warrants should go soon.

watch MGA pps, up 5% today again..
MEGA URANIUM LTD COM NPV (MGA.TO)At 1:25PM ET:3.43 Up 0.18(5.54%)


Date Open High Low Close Volume Adj Close*
27-Feb-08 3.25 3.25 3.12 3.25 366,800 3.25
26-Feb-08 3.38 3.38 3.14 3.26 374,100 3.26
25-Feb-08 3.35 3.40 3.22 3.39 323,300 3.39
22-Feb-08 3.25 3.38 3.08 3.32 536,600 3.32
21-Feb-08 2.69 3.20 2.65 3.20 1,460,900 3.20
20-Feb-08 2.43 2.62 2.32 2.60 382,700 2.60
19-Feb-08 2.44 2.55 2.42 2.47 300,200 2.47
15-Feb-08 2.34 2.42 2.30 2.34 190,600 2.34