PARKIN
- 23 Feb 2005 10:29
THIS LISTED AS FAR AS IM AWARE TUES. WENT UP APR 150% ON CLOSE THIS MORNING HAS GONE UP FUTHER 26% TO 10.5P CANT FIND ANY BACKGROUND ON THE CO.
BUT IS THIS GOING GO FUTHER OR NOT?
blanche
- 25 Oct 2007 16:30
- 108 of 160
Brought those just in time on tuesday. Happy Days are here a again as the song goes!
Driver patience being rewarded
Robert not long before your in profit. I can see more news being released here again.
driver
- 26 Oct 2007 16:11
- 109 of 160
New Updated Website
Uranium Resources plc / Market: AIM / Epic: URA / Sector: Exploration
Uranium Resources plc ('the Company')
New Updated Website
Uranium Resources plc, the AIM listed uranium exploration and development
company, is pleased to announce that it has launched a new website for the
Company. The new site has updated information and diagrams of its assets and
exploration developments to date in Tanzania. The website can be viewed at the
following address,
http://www.uraniumresources.co.uk/
pumben
- 28 Oct 2007 19:37
- 110 of 160
Which is the best site to get the current uranium price/graph ?
I wouldn't mind having anyone's thoughts on 2 other uranium stocks, URU & Nu. URU only floated in Sept, since dropped from opening sp of 60p to 32p & on Friday moved up 5p, has it reached it's bottom ?
I hold both URA (6.5p) & VML (ave 27p) but am contemplating investing into the 2 above.
driver
- 29 Oct 2007 12:11
- 111 of 160
From Saturdays Mail, (Geiger Counter) mentioned below holds VML and URA.
Glowing times ahead for uranium
Brian O'Connor, Daily Mail
29 October 2007, 9:31am
Reader comments (1)
British Energy's woes with its ageing plants are a warning of the problems the nuclear industry can cause.
They erupted just as uranium miners scent an upturn in their fortunes, which have been waning since the uranium price fell to $75 last month. Now it is back at $80 per pound.
BE has missed opportunities more than once, so it would not be surprising if it missed a global upturn. That is just what seems in prospect, judging by the mood at industry gatherings in the past fortnight.
Miners at a series of meetings hosted by broker BMO Capital Markets expressed optimism that the price slide was over. It followed an astonishing two-year price surge from $22 per pound in the 'spot' price (for immediate delivery) to $138 in June.
It was hardly surprising that speculators took profits. More selling came when the US decided to unload some of its strategic reserve.
Some investors will wish to steer clear of nuclear power. Others who followed our uranium tips on the way up - and subsequent advice to take some profits - have done well. Jamie Strauss, at BMO, who called both the upturn and the subsequent shake-out, now believes the fall is over.
The industry believes demand for primary (newly mined) uranium will treble by 2030. That could push the spot price from $80 to $100 a pound over the winter, although the long-term price (now $95) is more relevant to the industry.
The number of new nuclear reactors planned around the world is growing steadily - from 222 in January to 304 in August. Of these China accounts for 114. Not all will be built as governments ponder their impact. Strauss said: 'Undoubtedly the complexity of changes in government policies and the environmental implications are a recipe for delays. But the nuclear recovery is for uranium under way.'
This bodes well for one of our previous tips, UrAsia Energy, which merged with Canada's SXR to form Uranium One. With mines in South Africa and Kazakhstan and prospects in the US, it will be among the world leaders. Quoted in Canada, it is likely to seek a London quote in 2008 (if it stays independent; there are market rumours of a bid from Canada's Cameco).
Uranium One shares are about C$12.23 (just under 618p). If you bought UrAsia at our tip price of 140p, you have almost doubled your money. The shares still look cheap. So does Paladin Resources, which BMO rates as a well managed company, uranium with a producing mine in Namibia and a second on the way in Malawi. At A$7.84 (347p) it has already made money for Investment Extra readers and should make some more.
For those who prefer to stay closer to home, London-quoted Geiger Counter is a well regarded sector fund. First tipped here at 68.3p, it has been as high as 127p and is now 10034p. Recent months have shown the impact of speculation, so if you buy, set stop loss levels 20% below your entry price.
But the long-term energy shortage is worsening, and that is the gap uranium miners believe they can fill.
Like it or not - and many do not - nuclear power is hard to ignore as the world runs short of oil and gas, and the crude oil price rises above $90 a barrel. This week Germany's Energy Watch Group argued that global oil production has already peaked, and will halve by 2030.
That is more pessimistic than other forecasts, but if correct, oil could pass $100 and head for $200. EWG points out that the average size of a new oil find has plum- meted from 527m barrels in the 1980s to 20m recently.
That reinforces the case for green and 'clean' energy. But it also underlines the difficulty of doing without nuclear, which supplies one fifth of UK electricity, two thirds of French power and a large slice in other parts of Europe and the US.
driver
- 29 Oct 2007 12:27
- 112 of 160
pumben
I also hold both IMO they are the best at the moment; I would put URU & Nu. On your watch list with all these, BRM, CMR, INDY, INS, KAH, MUU, RGM, RRR, UEP, UMN, UUU, ZNI, ZRL. They are not all U miners but most are as you see there is plenty of them and a lot more some will fail. You can always jump on board one or two when they have some action (find the stuff or start producing) you will not be to late most of them are of punters radar's.
driver
- 01 Nov 2007 14:10
- 113 of 160
robertalexander
- 12 Nov 2007 20:42
- 114 of 160
Driver,
You still buying?
Have a small holding in BRR but want to buy some more. unable to as illiquid.
was hoping this would have gone up a bit more by now and wondering whether to cut my losses on this one[-35%].My other non-performer is VML[-30%].
your thoughts appreciated[on this share NOT whether I should sell or not, that is]
regards
Alex
halifax
- 20 Nov 2007 12:55
- 116 of 160
Having a good day for a change long may it last.
maggiebt4
- 22 Nov 2007 16:51
- 119 of 160
Thank heavens something's moving up!!!!!
blanche
- 23 Nov 2007 08:56
- 121 of 160
Just need it to be like it at the end of day.
driver
- 23 Nov 2007 09:15
- 122 of 160
driver
- 26 Nov 2007 13:21
- 123 of 160
August drilling at Mtonya continues to define widespread uranium
mineralisation at Para, Henri, Moysten and Tahbilk Prospects
URA Director James Pratt said, 'The extensive exploration programmes, conducted
by our partners Western Metals, has again yielded exciting results which
underpin the Boards belief that we are operating in a new uranium district which has strong potential to house economic deposits. Exploration is on-going to further quantify the extent of the uranium mineralisation and we look forward to updating shareholders on our progress in the near future.'
http://moneyam.uk-wire.com/cgi-bin/articles/200711261248534930I.html
robertalexander
- 18 Jan 2008 20:16
- 125 of 160
i hope so. nursing a 50 % loss at this time. Bit the bullet and halved my holding but liked it just enough to keep the other half. hope i am not disappointed.
Alex
robertalexander
- 26 Jan 2008 19:09
- 127 of 160
'.....The aim for this year is to grow the Company through the advancement of our
current project portfolio and identifying further targets to expand our asset
base'.......but will the SP pick up?