Streetwise Articles
Uranium Investing: The Chinese Are Coming
Source: Matthew Smith, Seeking Alpha (4/13/08)
...The low prices set by the uranium equities lately have attracted the attention of a few prospective buyers. It seems that the Chinese have finally arrived to the market- as some have expected for years now - much as the French did during the American Revolution. That was a pivotal moment during that war, and if the Chinese are serious about locking up supplies through agreements and acquisitions, then this will be a watershed moment for the uranium mining industry as a whole...
More >
Stricken Uranium Stocks
Source: Mineweb.com (4/11/08)
The findings of the latest (northern hemisphere) Winter Market Survey conducted by Ux Consulting, a specialist uranium consultancy, offers little solace for battered listed uranium stocks. Survey participants don't believe that the uranium spot price will go below $70/lb this year; the number is seen as a key support level, and equilibrium between buyers and suppliers is seen as sitting in the $70-$75 range.
More >
Inside Track: Going Nuclear On Energy
Source: nationalinterest.org (4/9/08)
How is nuclear power the cure to all that ails us?: We import ten million barrels of oil every day. That costs us one billion dollars every day, adding $365 billion each year to our trade deficit. Nearly all of that imported petroleum goes into transportation fuels. Replacing all of the imported-oil horsepower with an equivalent amount of nuclear-generated power eliminates nearly 30 percent of the trade deficit.
More >
Canadian Dollar, Uranium, and Energy Stocks
Source: Financial Post (4/9/08)
Uranium stocks are higher this morning on news that China is looking to spend $700 million to $1 billion on the purchase of uranium producer companies. China needs to lock in uranium production for its 30 nuclear power plants that are operating or currently being constructed.
More >
Uranium Miners to Benefit from Falling Inventories
Source: Mineweb.com (4/9/08)
Blackmont Capital analyst George Topping expects that uranium will make gains in the second half of 2008 due to the depletion of inventories built up by nuclear power plants during the panic buying of the second half of 2007.
More >
Uranium Finally Wins with Greenies
Source: Seeking Alpha (4/1/08)
Talk about a makeover. Nuclear power, once an environmentalist's worst nightmare, has transformed into the darling of greenies everywhere, with Greenpeace co-founder Patrick Moore even publicly proclaiming his faith in fission.
More >
Uranium Finally Wins with Greenies
Source: Seeking Alpha (4/1/08)
Talk about a makeover. Nuclear power, once an environmentalist's worst nightmare, has transformed into the darling of greenies everywhere, with Greenpeace co-founder Patrick Moore even publicly proclaiming his faith in fission
More >
No More Taboos
Source: Financial Post (4/1/08)
Vancouver-based miner becomes the first company ever to win rights to drill on Inuit-owned land for a mineral that remains taboo among aboriginal people: uranium.
More >
Invest in WNA Nuclear Energy Index with PowerShares' New ETF
Source: Peter Charles, Seeking Alpha (3/31/08)
The breakdown of the index is as follows; 25% power generation, 25% technology/equipment and services, 20% nuclear fuel, 15% reactor vendors, and 15% construction. The WNA Nuclear Energy Index is comprised of 64 companies. I believe the index levered to the real nuclear economy due in part to the efforts made by the selection committee which is comprised of seasoned industry executives.
More >
ETFs Are Going Nuclear
Source: U.S. News & World Report (3/26/08)
Soon, there will be two exchange-traded funds that invest in nuclear energy. On April 3, PowerShares expects to launch the Global Nuclear Energy ETF, which will be tied to an index of 66 stocks that includes reactors, utilities, construction, technology, equipment, service providers, and fuels.
More >
Uranium Price Could Hit US$105/lb. by September
Source: Mineweb.com (3/25/08)
Respected Australian Research Group Resource Capital Research (RCR) said the uranium price has been on a cartwheel having achieved $US210 in the second quarter of 2007 and a low in the third quarter of last year of $US70/lb and indicators suggest the market expectation is for an uranium price of $US105/lb by this September.
More >
Real Uranium Price Should Be $120, Wits Prof Tells Conference
Source: miningweekly.com (3/10/08)
The current price of uranium would have to be $120/lb if it were to be economically equivalent to the price of two decades ago when uranium was in the doldrums, University of Witwatersrand School of Geosciences Professor Judith Kinnaird said on Monday.
More >
Bush Says US Must 'Get Off Oil,' Calls for More Nuclear Power
Source: voanews.com (3/5/08)
With much of the higher prices of fossil fuels attributed to growing demand from China and India, President Bush says the world's largest economies must help developing countries plan for future growth with cleaner, less expensive technologies, including nuclear.
More >
Uranium Poised for Strong Rally - RBCCM
Source: Mineweb.com (3/5/08)
Royal Bank of Canada Capital Markets is telling clients that "we think the sentiment of the uranium market has changed substantially in a very short period . . . our 2008 market balance estimate has shifted to a deficit (from a balanced market) and we think the spot market is set for a strong rally".
More >
Citibank Presents Investment Opportunities in Uranium
Source: Webwire.com (3/3/08)
The new 3-year Merrill Lynch Uranium Equity Index Notes, which is offered by Citibank until March 31st, combines 100% capital protection at maturity by the issuer with return linked to the ML Uranium Equity Index that consists of stocks of companies with more than 15% of operating profits coming from the uranium sector.
More >
Time for Nuclear Energy and Uranium Stocks to Shine
Source: Tate Dwinnell, Seeking Alpha (2/28/08)
Is it time for nuclear energy and uranium stocks to shine? That appears to be the case. Take a look at the Market Vectors Nuclear Energy ETF (NLR) and you can see that it has busted through a multi month downtrend.
More >
Buy Nuclear Exchange-Traded Fund to Ride Uranium Rally
Source: Financial Post (2/23/08)
The easiest and most conservative way to invest in the sector is to own Market Vectors Nuclear Energy exchange-traded fund. The ETF tracks a capitalization weighted global nuclear energy index consisting of 35 stocks. Sector breakdown by weight is uranium mining (42%), plant infrastructure (26%), nuclear power generation (24%), uranium storage (5%) and other (5%).
More >
Could the Uranium Charts Be Turning?
Source: Gord Zelco, Publisher, MineralSTOX.com (2/22/08)
Most senior and mid-tier uranium stocks have spent several months bottoming out and are now up 15-20% off their lows. Several other technical indicators look like they are about to turn positive (though haven’t yet – but this is where the early gains are) – short and medium term averages are about to cross up, momentum and on balance volume are about to go positive.
More >
Going Nuclear
Source: Peter Charles, Seeking Alpha (2/19/08)
...According to the Energy Information Administration, total dollars spent on uranium in 2006 was $1.2 billion. That figure won't be much different for 2007. Taking into account the dramatic price rise of uranium, it would be safe to project annual uranium sales will reach $4 billion to $7 billion over the next 5 to 10 years...
More >
Uranium on the Rise
Source: Matthew Smith, Seeking Alpha (2/17/08)
... it appears that in the past week we tested lows set in late January, pretty much held those levels with minimum further movement to the downside. Now uranium equities are moving upwards to test the recent high set on January 24 of this year. If we can get through that level we can move much further as momentum is currently on our side...
More >
EU Should Promote Nuclear Energy to Meet Power Needs
Source: Dow Jones (2/8/08)
The E.U. "should seriously consider including the nuclear option in their public debate and energy policies," the World Energy Council said in a report. Europe also needs "colossal investments" to develop infrastructure in producing and distributing energy, it said.
More >
Nuclear: The Power Investment of 2008
Source: International Herald Tribune (2/1/08)
...Scott Finlay, a mining analyst at Canaccord Adams in London, said he figured demand would push uranium prices up from now to July, hitting a peak of $122 a pound, up 25 percent from current levels.
More >
Uranium Exploration: A Good Hedge For U.S. Investors to Combat the Declining Dollar
Source: By George Bell, UNOR Corp. (1/31/08)
The concept is fairly straight forward: Canadian uranium exploration could be a great way for American investors to hedge their portfolios against the declining greenback.
More >
The Nuclear Paradigm Shift: Globally and in the United States
Source: By George Bell, UNOR Corp. (1/31/08)
Just a few decades ago, nuclear was a dirty word. And it’s no wonder with accidents like Chernobyl and Three Mile Island causing most to shudder at the thought of a nuclear reactor in their backyard. But things have changed and with nuclear power becoming an increasingly viable alternative to fossil fuels, nuclear power is on the rise again.
More >
One Uranium Company on the Verge of its First Big Score
Source: Mark Whistler, WallStreetRockStar.com (1/30/08)
Here's one micro cap Canadian uranium exploration that might not be a micro cap for long.
More >
