steveo
- 27 Sep 2007 13:26
After recent weakness in the price of uranium, partly due to a sell off by several governments, and also as it overan itself through speculation. However the fundamentals are still there, nuclear plants are set to increase dramatically, ex-warhead stockpiles are reducing rapidly, oil is likely to continue to rise and mining is falling behind demand. Nufcor is basically a reflection of the uranium price as it is a holding vehicle for actual metal.
Have included a chart which I beleive summarises the potential.
lelael
- 28 Sep 2007 11:14
- 7 of 17
Thankyou for U308 chart, bought at 289 on 21/09 , will top up when u price moves up, $85 looks like it might the bottom.
lelael
- 28 Sep 2007 11:45
- 8 of 17
CMM chart for past 9 months is very similar to NU. are they also affected by U price or is it a coincidence?
steveo
- 26 Oct 2007 15:19
- 9 of 17
Up 4% today.
Good day today, safe to say we have seen the bottom of this, should be a good long-term stock, increasing oil, coal and gas prices and carbon targets will inevitably add to focus. Old story, new chapter. :-)
steveo
- 31 Oct 2007 12:19
- 10 of 17
Another solid performance, Uranium in demand again.
steveo
- 06 Nov 2007 10:59
- 11 of 17
Uranium resuming its bull run, its not too late to get into this stock. Fundamentals are strong, rising demand will be spurred on by concerns over energy security, reducing supply can only mean one thing.
Profits....
steveo
- 28 Nov 2007 08:49
- 12 of 17
Looking like a good time to get in, especially if dollar continues to weaken.
However spread a bit painful at the moment.
steveo
- 29 Nov 2007 15:47
- 13 of 17
moving on up again. Should be back to 350 soon
steveo
- 19 Jan 2008 09:16
- 14 of 17
Or Not....had expected weaker dollar to influence price, should do eventually. As long as the trend line holds, if drops any further to 280 will be good time to get in.
lelael
- 20 Mar 2008 14:34
- 15 of 17
Big drop today, 252 now, anybody know why?
lelael
- 09 Jan 2009 14:57
- 16 of 17
This is certainly moving in the right direction, should anybody be interested.
mitzy
- 09 Jan 2009 21:34
- 17 of 17
I will keep a watch on it.