Search for: "uranerz"

Energy Sector Rotation: Capital Fleeing Fossil Fuels For Nuclear Energy

Energy Sector Rotation: Capital Fleeing Fossil Fuels For Nuclear Energy
In 2014, I highlighted in many reports the increasing capital flowing from the oil and natural gas sector into nuclear power. Over the past nine months, my prediction that nuclear power will be the leader of the energy sector is coming to fruition as institutional investors flee the dirty fossil fuel industry for clean and cheap nuclear power.
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Uranium Miners M&A: Top Uranium Pick Acquired For $150 Million

Uranium Miners M&A: Top Uranium Pick Acquired For $150 Million
For over 4 years I have been telling my subscribers that Uranerz is one of the best takeout targets in the whole junior uranium industry. I always considered Uranerz a top takeout target in the junior uranium mining sector. Earlier this morning, Uranerz (URZ) reached a deal that it would be acquired in a friendly all share deal by Energy Fuels (UUUU).  Uranerz shareholders should receive .255 common shares of Energy Fuels.
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Institutional Buying Sends Uranium Miners Soaring on Major Volume

Institutional Buying Sends Uranium Miners Soaring on Major Volume
A few days ago I penned an article entitled "Uranium Spot Price Breaking Out, Junior Uranium Stocks Ready To Bottom?" In the report I said, "There is a lot of buying in the spot market and it should be soon reflected in the performance of the junior uranium miners (URA)... Look for a breakout." Now only a week later, the uranium mining etf (URA) is up 11.5% and Uranium Participation Corp (U.TO) up 5% on triple average volume. Some of our favorite uranium miners are flying such as Uranerz (URZ) up 15%, Pele Mountain (GEM.V) up 14%, U3O8 Corp (UWE.TO) up 33.3% and Laramide (LAM.TO) up 20% and Fission (FCU.TO) up 12%. It seems as if all the institutions are jumping in after the recent capitulation of some major funds in Toronto.
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Uranium Price Creeping Higher on Geopolitical Instability

Uranium Price Creeping Higher on Geopolitical Instability
A few months ago, I believed uranium would bounce off lows and make a powerful move higher. The spot uranium price is beginning a rebound rallying more than $3 per lb over the past few weeks. End users of uranium are concerned about geopolitical stability and are actively looking for safe and long term secure supplies of U3O8. Any hiccup in production could significantly impact global supply. Although there is abundant amounts of uranium in North America and Australia most of the production comes from unstable areas such as Kazakhstan, Niger and Russia. The recent sanctions with Russia could have a major impact on pricing. Russia through Rosatom operates Kazakhstan production which is the largest supplier of uranium to the world. Europe and the US are some of the largest consumers of nuclear and have relied on cheap Russian uranium for decades. What happens when the cheap uranium runs out especially at a time when demand is growing? A price spike with triples and quadruples in the junior miners.
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Japanese Nuclear Restart Sparking Uranium Sector Rebound

Japanese Nuclear Restart Sparking Uranium Sector Rebound
Last week I was interviewed about uranium by The Energy Report and I told them to get ready for doubles and triples in uranium and that we may see a powerful bounce off the bottom in the near term. Remember this was at a time that the large miners and the banks were bearish forecasting lower price targets. See the article and charts by clicking here… Less than one week after that interview was published Japan announces that two reactors are approved to be safe and are able to be turned back on. This is a psychological game changer as the uranium priced has slid for more than three years over 60% as Japan idled their reactors after the 2011 Fukushima Disaster. Here is a list of some of my favorite junior miners which I own and are sponsors on my website.
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The Lower The Uranium Price, The Higher The Rebound

The Lower The Uranium Price, The Higher The Rebound
These are the best times for contrarians some of who are doubling down at these levels. They realize that big money continues to wait on the sidelines to enter the spot market. Uranium Participation Corp (URPTF) raised $58 million to buy spot uranium. There has not seemed to be much buying since this raise which may mean they are looking for a time to enter. When the buying begins look for the uranium spot price to gap higher. This recent capitulation in the uranium spot price to below $30 may signal the shorts are exhausted. After arguably seven years of basing, uranium has all the characteristics for a sector about to bounce off a major bottom.
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China Must Look Abroad For Metals and Energy To Support Growth

China Must Look Abroad For Metals and Energy To Support Growth
Headlines about a Chinese economic slowdown may get good web traffic, but the real story is that China is buying up uranium and other resources around the world, says Gold Stock Trades writer Jeb Handwerger. Meanwhile, tensions in Russia highlight the massive country's resource dominance in natural gas, oil, uranium, platinum group metals, rare earths and nickel. Handwerger tells The Mining Report that North America is already acting to develop resources that can meet both domestic and international demand—and this global geopolitical uncertainty is an investment opportunity.
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Uranium Miners Spiking Higher in 2014 As Utilities Face Supply Shortfall

Uranium Miners Spiking Higher in 2014 As Utilities Face Supply Shortfall
We are almost at the third anniversary of the once in a millennium Fukushima Disaster. Lessons have been learned from the accident. The nuclear sector is once again rebounding, getting up off the mat and making a late round comeback. The uranium miners are just beginning to breakout forecasting that the uranium price may be on the verge of a reversal off of 8 year lows. Cameco (CCJ) and Uranium Participation Corp. (U.TO), the two major bellwethers for the sector may be just beginning to make a move. Cameco just hit a new two year high.
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Shorts Covering In Resource Sector Rally

Shorts Covering In Resource Sector Rally
The time to accumulate undervalued resource assets is waning as prices rebound rapidly. The time to buy is when they are priced at major lows with massive short positions. Now the public is concerned about declining gold prices. But that concern may be coming to an end. The shorts may have already begun to cover in the junior mining resource sector as M&A increases.
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Technicals Finally Reflecting Fundamentals In Resource Sector With Bullish Breakouts

Technicals Finally Reflecting Fundamentals In Resource Sector With Bullish Breakouts
It may seem like a confusing time to be a mining investor, but Jeb Handwerger, of Gold Stock Trades, insists it doesn't take a rocket scientist. "Stick to the fundamentals," he says. "The technicals will eventually reflect the fundamentals." In this interview withThe Mining Report from early December, Handwerger talks about what companies have the right foundation to shine after the market dusts itself off and starts to climb. As Jeb said in the interview, "Some people are thinking about leaving the sector. That's not the right approach. Gains could be exponential in the coming weeks. The right approach is to rotate into situations that will outperform, even if gold and silver stay flat. Stick to advisors who are finding the most compelling situations. Corrections take longer than people expect—the longer and the deeper the base, the more powerful the eventual upswing. It could be huge with the record amount of cash on the sidelines and the large number of shorts who may need to cover their position." Since this interview was published the Venture Index has jumped close to 100 points and broke the 200 day moving average.
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