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

To: robnhood who wrote (29)	1/6/1998 8:55:00 AM
From: traacs	Read Replies (1) \| Respond to of 30136

This site is a good starting point for any research on Uranium uilondon.org Regards Klaas

To: robnhood who wrote (29)	1/6/1998 4:51:00 PM
From: marcos	Read Replies (2) \| Respond to of 30136

The POU was off .15 Monday uxc.com .... so the market would seem to agree with you short-term. Long-term, though, energy won't be going out of style, and I'll be holding core positions of Cameco and Suncor forever, or until I change my mind -g- Good to see you over here with your trader's viewpoint, Russ .... cheers ..... marcos

To: robnhood who wrote (29)	1/6/1998 9:11:00 PM
From: tango	Read Replies (1) \| Respond to of 30136

when looking at the price of uranium, you must remember that it has nothing to do with the price of any other energy commodity. uranium has always been a very political product, and with the regulations attached to Russian imports, there really isn't that large of stock pile sitting around. current consumption is close to double production and it is much more difficult (and costly) to establish a producing mine, than it would be to drill and recover either oil or gas.Also, because the capital expense of a nuclear power plant is so massive, many that operate at marginal efficiency are continued, both to justify the cost, and for government to save face.There are plants being shut down in Canada and the US but for a variety of reasons. canadian reactors are highly efficient but the management by Ontario hydro has been comical. Similiar ocurances are in the US as well as aging facilities which have become uneconomic and unsafe. Most importantly, North America can afford (at tax payers expense) to eventually convert over to Natural gas plants since we have some of the largest gas fields in the world, but in the orient and many parts of Europe where gas is not as available, or transferable, there is no alternative to Nuclear. That is why nuclear power has continued to grow world wide both in nominal terms and in market share.