Search for: "uranerz"

Uranerz Energy (URZ): “Best Hole Ever Drilled By Company”

Uranerz is positioned to become America’s next uranium producer and is the rare gem that is poised on the cusp of providing near term rewards. In the interest of time and space, it should suffice that we have researched this company and hasten to bring it to your attention. Production is slated to begin in 2012. Today Uranerz reported that it continues to receive good uranium grades in holes drilled for well-field installation. The recent hole was the best hole ever drilled by the Company.
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Uranium Market Bottoming Five Years After Fukushima as World Heats Up From Carbon Emissions

We should invest in this forgotten sector when it is dirt cheap and in the midst of a bust as the long term forecast for nuclear is very strong. Climate change and global warming concerns will not go away and I believe America will continue to build and update its nuclear fleet over the next 5-10 years. Investors may wise up to this soon that nuclear is not on its way out, but waiting for a new beginning. The next nuclear renaissance will be with next generation small modular reactors in the battle to fight climate change.
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Copper and Base Metals May Be on Verge Of Major Breakout After Glencore Cuts Production

For the past two weeks I have written to my premium subscribers to look at copper and the industrial metals as I saw deep pocketed private equity funds and billionaires such as Carl Icahn and KKR taking big bets on beaten down Dr. Copper hitting five year lows. I knew that a bottom could be forming and that we could be near the final turn. It was my first copper bet in many years. Now it appears that the call of a bottom in copper and industrial metals could be confirmed by the recent news that Glencore is cutting global production of zinc. Copper and nickel could be next. The Commodity Giants such as Glencore are in great financial duress right now shutting down mines left and right that are losing money at these low commodity prices. They recently shut down two African Mines.
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Major Bottom Reversal Follow Through in Junior Gold Miners (GDXJ) and Uranium Miners (URA)?

On Friday July 24th, the GDXJ made a bullish engulfing reversal on major volume. Then eleven days later a major follow through occurred on high volume. The news that drove interest was China devaluing its currency. The mainstream media and majority of pundits were claiming currency wars were over as precious metals were discarded. I disagreed and maintained that we would see a bottom in our real assets. Now this Yuan devaluation could start the next round of competitive currency devaluations and the beginning of inflation. The Fed may be reluctant to raise interest rates as the strong US dollar curbs growth and makes it more challenging for the US Government to pay back its record amount of debt. This may be the perfect storm for precious metals to once again take center stage and eventually breakthrough 2011 highs at $1900 USD.
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Ready For The New Bull Market in The Junior Mining Sector?

It is possible we are once again at or near the turning point or bottom in the junior mining sector and near a top in the tech sector. Only a handful of the tech high flyers have pushed the equities higher. Already the transports and utilities have been under-performing. It may be wise to hedge gains made in the S&P500 and Nasdaq and increase accumulation of precious metals and the junior miners near historic lows. July 24, 2015 may have marked an interim low on the GDXJ as it experienced a classic bullish engulfing reversal pattern on high volume. Since this past Monday, support has come into some of our selected miners. If its the beginning of the rally, follow through should occur by the end of this week. I am still cautious as the precious metals rallies have been fake outs in the past. In order to confirm the interim low I would like to see some increased buying before the end of this week.
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Newly Merged Uranium Producer Could Become Biggest in United States

It is exciting to see one of our long term shareholdings being acquired for a nice premium in the beaten down uranium sector which has been a feeding ground for the shorts. For years I have held Uranerz Energy (URZ) a low cost uranium producer in Wyoming.Uranerz shareholders should now see Energy Fuels shares in their account. They recently closed their transaction with Energy Fuels (UUUU) who will now have the largest NI 43-101 compliant in ground resource in the US among current producers.
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Bought Deal Financings, M&A and Insider Buying Forecasting Mining Bottom

Continue to watch the Athabasca Basin and this world class management team who has continued to reward loyal long term shareholders with premium buyouts. The management team just closed a $20+ million CAD bought deal financing showing that interest is still alive for uranium exploration. Additionally, another mining stock may be on the verge of a breakout at $.30 as they recently announced an update on the Feasibility Study and exploration program. It should be an exciting year as around $4 million is dedicated just to exploration. This is a lot for a small junior with a miniscule market cap under $15 million. Its been in a four year downtrend but that may be ending. Finally, this Nevada gold developer raised $11.5 million despite the depressed junior gold market. They are backed by some deep pocketed shareholders. Over 21 million shares of insider buying has occurred over the past six months. Recently on April 10th, 2015 one of the directors acquired over 7.69 million shares.
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Emerging Economies Building Next Generation Nuclear Reactors For the 21st Century at Record Pace

Uranium prices have climbed by roughly 35% since last summer. The weekly price of uranium stood at $38.85 a pound as of Monday, compared with $28 as of June 23, according to data from nuclear-fuel consultancy Ux Consulting Company LLC... Indeed, the world seems to be warming back up to the use of nuclear energy. Japan was using 50-year-old reactors while China, India and Russia are building next generation nuclear reactors, which are much safer than the first generation dinosaurs of the past.
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