Uranium, a Raging Bull

[YOUNG_TRADER]

Also looks like the Uranium Bull is getting ready for a really big charge soon, anyone see GBE today? went absolutely nuts, I think the big trigger will Be U3O8 spot prices hitting $40us/lb IMO that will be the equivalent of when Oil hit $75 and Gold hit $575, ie same effect on stocks, watch and see

Well I'm pretty happy so far with the results


Also don't forget upcoming S.A. Conference!

Uranium: to dig or not to dig
By ANNA VLACH
28mar06
NATIONAL CONFERENCE|Policy in the spotlight

THE hottest topic in the resource sector - uranium exploration and policy - will take centre stage at the 2006 Uranium Conference at the Hilton Adelaide on Thursday and Friday.
Department of Industry, Tourism and Resources head of resources division John Hartwell will present the opening address, on behalf of federal Resources Minister Ian Macfarlane, and Opposition spokesman on resources Martin Ferguson is to speak on day two.

Conference organiser Bill Repard said Mr Macfarlane's speech was expected to provide an update on the work of the Uranium Industry Framework.

Launched in 2005, it was designed to be a partnership of government, industry, indigenous and community stakeholders to increase mining and export opportunities.

Industry observers will also be waiting to see what Mr Ferguson will have to say as debate grows over the federal ALP's reluctance to develop new mines. "The reason we invited Mr Ferguson is that he has been making some terrifically commonsense comments over the past few months," Mr Repard said.
Efforts to achieve an expansion of Australia's yellowcake supply will also be discussed by senior executives from several explorers including Toro Energy, Curnamona Energy, Maximus Resources, Alliance Resources, PepinNini Minerals, Southern Gold, Marathon Resources, Red Metal, Scimitar Resources and Tasman Resources.
Mr Repard said it was significant that the conference was being held just days after the stellar listing of new Adelaide-based uranium explorer Toro Energy.

Meanwhile, Alliance Resources yesterday released a progress update on its joint venture with Quasar Resources at the Beverly 4 Mile uranium prospect at Arkaroola in the state's north.

Native-title clearance for drilling has been completed, with the drill program to resume upon the availability of rigs and the first two planned pre-collars for later diamond-core drilling completed.

 

[YOUNG_TRADER]

Oh dear oh dear, ENR, when will people learn,


This is exactly like GBE although GBE is at least better quality project,

ENR was a 20c IPO that listed a few days ago, it has 60m shares on issue, and @ $1 = $60m mkt cap, fo a pure exploration play in W.A.

Hmmm Bubble bubble froth and boil!!!!!!!!

 

[YOUNG_TRADER]

I think this Uranium Charge will last for another week and a bit, ie until say April 7th maybe even more,

Today ENR, GBE and TOE got a mention in the normal 7 9 and 10 News, the reporters also made comments on the super potential of Uranium Companies etc,


IMO opinion this will draw many speculators from the Industrials to the Uranium sector, (much like the Dot Com boom, lambs for the slaughter)

I think we will see a few more repeats of ridiculous prices like ENR and GBE,


I think UXA, DYL, RPT, MTN, SMM, VUL should attract attention,

 

[YOUNG_TRADER]

Miners enthusiastic about uranium prospects with China PRINT FRIENDLY EMAIL STORY
The World Today - Tuesday, 28 March , 2006 12:10:00
Reporter: Andrew Geoghegan
KAREN PERCY: Uranium miners and explorers are rubbing their hands at the prospect that China could be given the green light to not only buy Australian uranium, but also explore for yellowcake in Australia.

Such an agreement could mean that China would invest hundreds of millions of dollars in Australia's uranium industry as it seeks to secure its future energy needs.

The Prime Minister, John Howard, says it's possible that a deal with China will be finalised when Premier Wen Jiabao visits Australia at the end of the week.




Now I know its pre-mature to make any assumptions, but just imagaine if this deal gets signed what it will mean, (the Chinese are coming the Chinese are coming cry the Aust ASX Uranium Companies)

I think China will firstly deal with the operators of Australias existing 3 mines, with BHP the biggest beneficiary!

Next Companies with actual JORC or almost complete JORC deposits, forget explorers unless they have really good grounds,

Arguably preference will go to N.T. then S.A. then W.A. and last Qld,

N.T. players: EME, DYL, ARU all have some form of JORC or almost complete JORC resource

S.A. players: MTN, PNN, SRZ, again all have some form of JORC or almost complete JORC resource


W.A. players: NEL, RPT, UNX, all have some form of JORC or almost complete JORC resource

QLD: SMM, VUL


Standout players: All 3 N.T. companies due to N.T. fed usurping of control

MTN for its 55m lb@500ppm cut-off to 77m lb@300ppm cutoff DEPOSIT, established by previous drilling, with current drilling underway to be completed with JORC results very soon

UNX for its Tanzanian operations, backed by W.A JORC 13m lb deposit




Explorers that will do well: All of them joke, seriously don't know which ones will do well ie which ones will actually hold onto gains, but i do know that UXA is set to begin drilling in 1 week!

 

[YOUNG_TRADER]

Here's why W.A. and QLD are no good

PETA DONALD: When China's Premier Wen Jiabao arrives in Australia this weekend his first stop will be Perth, where he'll meet Western Australia's new Premier Alan Carpenter, who's not about to drop the condition attached to mining exploration licenses issued in his state.

ALAN CARPENTER: We issue them with a proviso that uranium mining will not be allowed, and that won't change.

PETA DONALD: The same goes for the ban on uranium mining Mr Carpenter inherited from his predecessor Geoff Gallop.

ALAN CARPENTER: Well, the policy was reassessed internally in the West Australian Labor Party last year, and the no-uranium mining policy was unanimously endorsed at the state conference of the Labor Party at the end of last year.

PETA DONALD: In Queensland today Peter Beattie was equally adamant.

PETER BEATTIE: We have a good relationship with the Chinese. They also are big buyers of our coal, and I want to make sure that they continue to be big purchasers of our coal.

I don't think the agreement undermines any of our position, but are we going to have more uranium mines? From the Queensland Government point of view in Queensland the answer is no.





DON'T FORGET THIS STARTS TOMORROW! The mines policy will be a topic of hot debate at the 2006 Uranium Conference which begins in Adelaide tomorrow.

Presenters will include TOE, NEL, SAU, MXR, AGS, SIM, PPN, KOR, MTN, SRZ, RDM , CUY, MDX & TAS




And here's why S.A. even though it is Labour Controlled is good


THE prospect of a huge uranium deal between Australia and China has spurred Premier Mike Rann to make his strongest stand yet on the need for Labor to overturn its no-new-mines policy.

"I believe the current national ALP policy is anachronistic and therefore is likely to be changed," Mr Rann said yesterday.

 

[kariba]

Uranium boom time!!! Choose wisely because a ton of money will be made & lost on some of the junk out there.

AGS - has mega resource
GIR - same deal
AEX - fabulous potential with Sth African resource
SAU - unloved & undervalued - has GREAT leases
MEP - Brilliant management, great J/V's
EQN - Will be mining uranium ore next year!!!!!!!
CMR, ARU, & a few more have class

Throw a dart at the rest, make some dough trading them .... but be on the watch

cheers

 

[Fab]

Kariba,

Have you got any document to substantial what you are saying about this stocks as I agree that a lot of these stocks are a lot of rubbish with poor prospect that people will buy because it is a " uranium" stock therefore information is crucial here.

 

[michael_selway]

Uranium boom time!!! Choose wisely because a ton of money will be made & lost on some of the junk out there.

AGS - has mega resource
GIR - same deal
AEX - fabulous potential with Sth African resource
SAU - unloved & undervalued - has GREAT leases
MEP - Brilliant management, great J/V's
EQN - Will be mining uranium ore next year!!!!!!!
CMR, ARU, & a few more have class

Throw a dart at the rest, make some dough trading them .... but be on the watch

cheers

nice list there dude

SAU undervalued u think? what do u think of UNX and KAL?

thx

MS

 

[powerkoala]

Kariba,
I have noticed your lists. I wonder what do you think about GBE and DYL?
Both this stock have nice movement lately.
I should buy lot for DYL

 

[nizar]

SAU undervalued u think?

Substantially

See my post on SAU thread

It was the last to move and its market cap is very much below other similar uranium explorers...

Its started to move from friday till now but still heaps of potential, and a long way to go before that velue is realised...

 

[nizar]

Uranium boom time!!! Choose wisely because a ton of money will be made & lost on some of the junk out there.

AGS - has mega resource
GIR - same deal
AEX - fabulous potential with Sth African resource
SAU - unloved & undervalued - has GREAT leases
MEP - Brilliant management, great J/V's
EQN - Will be mining uranium ore next year!!!!!!!
CMR, ARU, & a few more have class

Throw a dart at the rest, make some dough trading them .... but be on the watch

cheers

Nice list there

But u forgot one, OMC

 

[champ2003]

Hey guys,

Any reason EXT isn't on the list of good potentials?

 

[redandgreen]

read up....
Article in today's Australian "Uranium bubble looks like trouble" this goes part of the way to explaining today's correction (perhaps)

 

[YOUNG_TRADER]

Ok, I think here's what we should do so we can see whats really "undervalued" and whats just hype, how about we list the Uranium Companies in 3 Categories, Producer, JORC Deposirs (ie resources) and pure explorers.

Then we can get an idea based on mkt cap, location etc on what companies are really undervalued and which ones are hype.

 

[michael_selway]

read up....
Article in today's Australian "Uranium bubble looks like trouble" this goes part of the way to explaining today's correction (perhaps)

Correction but not bear market right?

the only thing that will truly burst the Uranium Bubble is if it Uranium price drops, which hasnt yet, while all the others have eg, oil , coal, metals etc

thx

MS

 

[YOUNG_TRADER]

Producers

BHP
PDN
ERA



JORC Deposits

AGS
ARU
DYL
EME
MTN
NEL
OMC
PNN
RPT
RRS
SMM
SRZ
UNX
VUL


If I have missed any please add


Pure Explorers
About 50,

Best are

AUL
BMN
EXT
GBE
GIR
TOE
UXA

If any more should be on his list please say so

 

[YOUNG_TRADER]

Uranium Paydirt Conference in S.A.


Preliminary programme
DAY ONE: Thursday 30th March 2006
08.00am Arrival tea, coffee & registration
Session One Session Chair: Derek Carter, Toro Energy Ltd
9.00am Welcome: Bill Repard, Executive Chairman, Paydirt Media Pty Ltd (5)
9.05am OPENING: John Hartwell, Head of Resources Division, presenting on behalf of Hon Ian
Macfarlane MP, Department of Industry, Tourism and Resources (25)
9.30am Andrej Karpinski, Executive Chairman, Korab Resources Ltd(20)
9.50am Mark Chalmers, Managing Director, Uranium Equities Ltd (15)
10.05am Questions (5)
10.10am Morning tea (30)
Session Two Session Chair: Hugh Wallace-Smith, Bell Potter Securities Ltd
10.40am Ian Hore-Lacy, General Manager, Uranium Information Centre (25)
11.05am Tim Sugden, Chairman, Nova Energy Ltd (25)
11.30am Paul Burton, Consulting Geologist, Toro Energy Ltd (15)
11.45am Chris Giles, Managing Director, Curnamona Energy Ltd, (15)
12.00noon Questions (5)
12.05pm Lunch, sponsored by Curnamona Energy Ltd (90)
Session Three Session Chair: Paul Heithersay, Primary Industry and Resources South Australia - TBC
1.35pm Geoff Hudson, Scientist for Nuclear matters (25)
2.00pm Kevin Wills, Managing Director, Maximus Resources Ltd (15)
2.15pm Steve Johnston, General Manager, Alliance Resources Ltd (15)
2.30pm Greg Solomon, Executive Chairman, Tasman Resources Ltd (20)
2.50pm Questions (5)
2.55pm Afternoon tea (30)
Session Four Session Chair: Leon Pretorius, Deep Yellow Ltd – TBC
3.25pm Julia Dnistrianski, Partner, Finlaysons Lawyers (15)
3.40pm Peter Ellery, Consultant in Government and Investor Relations, Peter Ellery and
Associates Pty Ltd (25)
4.05pm Discussion Group, Convener: Peter Ellery (45)
4.50pm Cocktail function, sponsored by Finlaysons Lawyers


DAY TWO: Friday 31st March 200608.00am Arrival tea, coffee & registration
Session Five Session Chair: Chris Giles, Curnamona Energy Ltd - TBC
9.00am Martin Ferguson MP, Shadow Spokesman for Primary Industries, Resources Forestry
and Tourism (25)
9.25am Norman Kennedy, Managing Director, PepinNini Minerals Ltd (15)
9.40am Chris Anderson, Director, Stellar Resources Ltd (15)
9.55am Terence Topping, Managing Director, Scimitar Resources Ltd (15)
10.10am Questions (5)
10.15am Morning tea (30)
Session Six Session Chair: Tim Sugden, Nova Energy Ltd - TBC
10.45am Mark McGeough, Branch Manager – Geological Survey, Primary Industries and
Resources South Australia (25)
11.10am Rob Rutherford, Managing Director, Red Metal Ltd (15)
11.25am Stephen Biggins, Managing Director, Southern Gold Ltd (15)
11.40am John Santich, Chief Executive Officer, Marathon Resources Ltd (15)
11.55am Questions (5)
12.00 noon Lunch, sponsored by Curnamona Energy Ltd(90)
Session Seven
1.30pm Greg Bromley, Managing Director, Mindax Ltd, (15)
1.45pm Brad George, Marketing Development Executive, Fugro Ltd (15)
2.00pm Panel Session (45)
2.45pm Closing drinks

 

[redandgreen]

Producers

BHP
PDN
ERA



JORC Deposits

AGS
ARU
DYL
EME
MTN
NEL
OMC
PNN
RPT
RRS
SMM
SRZ
UNX
VUL


If I have missed any please add


Pure Explorers
About 50,

Best are

AUL
BMN
EXT
GBE
GIR
TOE
UXA

If any more should be on his list please say so

what about ENR?

 

[nizar]

Uranium Paydirt Conference in S.A.


Preliminary programme
DAY ONE: Thursday 30th March 2006
08.00am Arrival tea, coffee & registration
Session One Session Chair: Derek Carter, Toro Energy Ltd
9.00am Welcome: Bill Repard, Executive Chairman, Paydirt Media Pty Ltd (5)
9.05am OPENING: John Hartwell, Head of Resources Division, presenting on behalf of Hon Ian
Macfarlane MP, Department of Industry, Tourism and Resources (25)
9.30am Andrej Karpinski, Executive Chairman, Korab Resources Ltd(20)
9.50am Mark Chalmers, Managing Director, Uranium Equities Ltd (15)
10.05am Questions (5)
10.10am Morning tea (30)
Session Two Session Chair: Hugh Wallace-Smith, Bell Potter Securities Ltd
10.40am Ian Hore-Lacy, General Manager, Uranium Information Centre (25)
11.05am Tim Sugden, Chairman, Nova Energy Ltd (25)
11.30am Paul Burton, Consulting Geologist, Toro Energy Ltd (15)
11.45am Chris Giles, Managing Director, Curnamona Energy Ltd, (15)
12.00noon Questions (5)
12.05pm Lunch, sponsored by Curnamona Energy Ltd (90)
Session Three Session Chair: Paul Heithersay, Primary Industry and Resources South Australia - TBC
1.35pm Geoff Hudson, Scientist for Nuclear matters (25)
2.00pm Kevin Wills, Managing Director, Maximus Resources Ltd (15)
2.15pm Steve Johnston, General Manager, Alliance Resources Ltd (15)
2.30pm Greg Solomon, Executive Chairman, Tasman Resources Ltd (20)
2.50pm Questions (5)
2.55pm Afternoon tea (30)
Session Four Session Chair: Leon Pretorius, Deep Yellow Ltd – TBC
3.25pm Julia Dnistrianski, Partner, Finlaysons Lawyers (15)
3.40pm Peter Ellery, Consultant in Government and Investor Relations, Peter Ellery and
Associates Pty Ltd (25)
4.05pm Discussion Group, Convener: Peter Ellery (45)
4.50pm Cocktail function, sponsored by Finlaysons Lawyers


DAY TWO: Friday 31st March 200608.00am Arrival tea, coffee & registration
Session Five Session Chair: Chris Giles, Curnamona Energy Ltd - TBC
9.00am Martin Ferguson MP, Shadow Spokesman for Primary Industries, Resources Forestry
and Tourism (25)
9.25am Norman Kennedy, Managing Director, PepinNini Minerals Ltd (15)
9.40am Chris Anderson, Director, Stellar Resources Ltd (15)
9.55am Terence Topping, Managing Director, Scimitar Resources Ltd (15)
10.10am Questions (5)
10.15am Morning tea (30)
Session Six Session Chair: Tim Sugden, Nova Energy Ltd - TBC
10.45am Mark McGeough, Branch Manager – Geological Survey, Primary Industries and
Resources South Australia (25)
11.10am Rob Rutherford, Managing Director, Red Metal Ltd (15)
11.25am Stephen Biggins, Managing Director, Southern Gold Ltd (15)
11.40am John Santich, Chief Executive Officer, Marathon Resources Ltd (15)
11.55am Questions (5)
12.00 noon Lunch, sponsored by Curnamona Energy Ltd(90)
Session Seven
1.30pm Greg Bromley, Managing Director, Mindax Ltd, (15)
1.45pm Brad George, Marketing Development Executive, Fugro Ltd (15)
2.00pm Panel Session (45)
2.45pm Closing drinks

Thanks for that

 

[michael_selway]

Producers

BHP
PDN
ERA



JORC Deposits

AGS
ARU
DYL
EME
MTN
NEL
OMC
PNN
RPT
RRS
SMM
SRZ
UNX
VUL


If I have missed any please add


Pure Explorers
About 50,

Best are

AUL
BMN
EXT
GBE
GIR
TOE
UXA

If any more should be on his list please say so

Great category list, pls update when u can, KAL and ENR, RSG, RIO?

Btw what does JORC mean?

thx

MS