Australian (ASX) Stock Market Forum

Looking for good uranium stocks

Re: ANYONE

Doesn't RIO dabble in a bit of uranium?

Also I seem to remember ERA as uranium stock.

Not at all sure though.

Cheers

<edit> Markor just noticed that your link was to ERA dohh
 
Re: ANYONE

WMC operate Roxby Downs, which I think is the largest of the uranium mines.

Rod.
 
Re: ANYONE

Paladin (PDN) have had a huge bull run lately - unfortunately I wasn't on it.
 
Re: ANYONE

I don't know of any pure plays, most appear to produce it in small quantities (percentage wise) as an incidental matter (ie main focus generally on gold, tin, copper etc). Maybe Paladin had a larger percentage of production being Uranium?
 
Re: ANYONE

Paladin Resources Limited (PDN) is a minerals exploration company with several uranium projects located in Africa and Australia. PDNs main focus is on the completion of a feasibility study at Langer Heinrich in Namibia.

Seems like more of a pure uranium play if that's the way you want to go, good luck.
 
BMN and EVE, right next to the RIO and PDN mines over in Namibia and Botswana if I'm not mistaken. In exploratory phase, first results coming in, looking very promising though. Nice specs to jump onto?
 
check out UKL

About Uranium King
On 21 July 2006 Uranium King exercised an option to acquire a 100% interest in the uranium assets of Mineral Energy and Technology Corporation (“METCO”).

METCO is a United States based private company which owned the Rio Puerco and Church Rock projects in the State of New Mexico and the Apex and Lowboy projects in the state of Nevada.

Based on exploration completed during the 1970’s and 1980’s, the Rio Puerco and Apex-Lowboy projects have combined JORC inferred uranium resources of 6.1 million pounds (2.8 million kilograms) of uranium oxide.

Project

JORC Inferred Resource

Grade
Rio Puerco

4,514,400 lbs

0.12% U3O8
Apex-Lowboy

1,548,100 lbs

0.07% U3O8


On 11 August 2006 Uranium King lodged a prospectus with ASIC for the issue of 26,000,000 shares at $0.25 each to raise a total of $6,500,000 before costs.


Uranium King is a uranium exploration company established to acquire, explore and develop uranium projects within the United States of America.

* EXISTING RESOURCES IN PROVEN URANIUM BELT
The two main projects in Uranium King, the Rio Puerco project in New Mexico and the Lowboy/Apex project in Nevada have existing JORC inferred resources totalling 6.1 million pounds (2.8 million kilograms).
* POTENTIAL TO INCREASE THE EXISTING RESOURCES
The Uranium King technical eam is highly experienced with excellent local knowledge. The company intends to leverage this experience into a significant expansion of resources by the acquisition of new uranium targets as well as further exploration of the existing projects.
* PROJECTS ARE LOCATED IN A PRO MINING JURISDICTION WHICH SUPPORTS THE EXPLORATION AND MINING OF URANIUM
The United States both encourages and supports the exploration and development of uranium assets.
* THE URANIUM PRICE HAS INCREASED FROM US$10 PER POUND TO OVER US$47 PER POUND IN THE LAST TWO YEARS.
The price increase in uranium has been driven by growing demand as the world focuses on alternative energy sources to oil and coal and the reduction of greenhouse gas emissions.
* EXPERIENCED, PRO-ACTIVE BOARD
The Uranium King Board has a blend of exploration, development, and resource management skills to ensure the cost-effective exploitation of the existing project base. Members of the Board have a track record of exploration success and creating value for shareholders.

more dd at

http://www.uraniumking.com/why.html
 
MTN is my punt, along with RIO and BHP as investments.

MTN is about 73 cents today, yet there is a takeover offer at 68c that will be rejected - that gives a floor to the price. They were about 86c 2 weeks ago. They have about 33,000 tonnes of indicated Uranium in SA. Smallish market cap. Worth holding and waiting.

But do your own researach I know nothing, and I am extremely dumb, and hungover today.. :(
 
Realist said:
But do your own researach I know nothing, and I am extremely dumb, and hungover today.. :(

I've missed you Realist.

Agree with MTN. Plus SMM. 3rd largest U deposit in Oz.

Holding both.
 
michael_selway said:
what about AEX? UNX?

thx

MS

Yes MS, lump those in there too.

I'm holding: AEX, ARU, DYL, OMC, SMM, MTN, BHP.

Sold: GIR, RPT, EXT, UTO.

Considering: EVE, WME, EXT (again)

Missed the boat maybe: BMN :-(
 
with a market cap of 30 million and uranium pushing $52 a pound - AEX is definitely looking good


aex-banner.jpg
 
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