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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (7564)	7/2/2014 8:25:18 PM
From: Goose94	Read Replies (1) \| Respond to of 203026

Fission Uranium (FCU-V) Raymond James July 2nd 2014 report - app.box.com Valuation Attractive. We continue to recommend Fission with a Strong Buy rating given the world-class nature of the PLS project, its scarcity value, and exploration potential, which at current price levels is not reflected in the stock, in our view. Assuming 74 Mlbs (our updated estimate of contained metal), we calculate the market is ascribing US$4.75/lb to PLS – less than half the price Rio Tinto paid for Hathor and its Roughrider project in 2011 (a higher-grade and better located deposit, but underground/shaft- access vs. PLS’ potential open pit, which should be lower risk and feature higher operating margins).

To: Goose94 who wrote (7564)	7/3/2014 9:13:34 AM
From: Goose94	Respond to of 203026

The uranium market had a lot going for it at the start of 2014: The prospect of a Japanese nuclear reactor restart. The end of the Russia-US megatons to megawatts program last August, eliminating a huge source of supply. The rapid run-up in uranium shares – especially developers – didn't turn out to be a leading indicator China's accelerated plan to approve six to eight plants a year through 2020; part of its war on pollution. The possibility of a rethink in Germany about phasing out nuclear (coal is the only viable alternative and Putin's gas is becoming dearer). As the stars aligned for a pickup in global uranium demand so did investors for uranium stocks. But the rapid run-up in uranium shares – especially developers – didn't turn out to be a leading indicator. The spot price continued to slide going below $30 a pound to levels last seen in 2005. That dragged the long term price, where most uranium business is conducted, down to $45, a six year low. Uranium stocks have now come down to earth as this chart from Haywood Securities show. The independent investment dealer with $5 billion under management says now that the spot price appears to have found something of a floor, the sell-off may begin to slow down. But the Vancouver-based firm cautions that the shares of producers and developers "remain at or above their indexed price point of 12 months ago, when spot uranium was $40.70 U3O8, a 40% premium to current spot". There may be more pain ahead.