Uranium Sector

[Tanaka]

Talking uranium, it's been off the radar for some time. Is it time to make a contrarian play on uranium?

There are more and more nuclear reactors being built in India, China and elsewhere. It's cleaner than coal. Other energy resources have had a good run...

Interesting that Uranium One sold off it's interest in Paladin after slowly crawling up its share registery. Any takes on that?

 

[noirua]

Talking uranium, it's been off the radar for some time. Is it time to make a contrarian play on uranium?

There are more and more nuclear reactors being built in India, China and elsewhere. It's cleaner than coal. Other energy resources have had a good run...

Interesting that Uranium One sold off it's interest in Paladin after slowly crawling up its share registery. Any takes on that?

Good post Tanaka, as Uranium jumps in price to US$46 lb, up $4.25 last week. The whole sector from $5 million minnow to billion dollar companies have been walloped in the last 18 months.
As you say, China and India are gradually adding more Uranium powered Power Stations. Forecast for 2011 is for a price of US$58 for uranium
Just as coal rose from dog to tiger thus the tiger must return to Uranium.

 

[DB008]

Talking uranium, it's been off the radar for some time. Is it time to make a contrarian play on uranium?

There are more and more nuclear reactors being built in India, China and elsewhere. It's cleaner than coal. Other energy resources have had a good run...

Until there is an accident. I'm guess that the "Chernobyl meltdown" is still in the publics minds. Mention Uranium, and that's one of the first things that pops into people heads.

http://www.world-
nuclear.org/info/inf63.html

http://news.yahoo.com/s/afp/20100719/wl_asia_afp/chinaenergynuclear

Having said that, l do agree that sooner or later, the price will have to rise based on simple supply and demand. More and more demand, will eventually have an effect on price. China has planned to build 28 Uranium power stations by 2020, that in itself "should cause a rise in the $U price. Factor in other countries needs and, well, it "should" pick the price up.

 

[noirua]

Uranium appears to be the heaviest hit energy sector and the minnows have been bashed into near oblivion - 52c down to 3c is not the worse sector faller. Time, imho, to buy the sector - for those not risk adverse to the point of paralysis.

 

[barney]

Uranium appears to be the heaviest hit energy sector and the minnows have been bashed into near oblivion - 52c down to 3c is not the worse sector faller. Time, imho, to buy the sector - for those not risk adverse to the point of paralysis.

Totally agree Noirua ......

I've put my money where my mouth is so to speak with PEN .... but there are quite a few spec plays with great potential if the Uranium bug hits again ...... ACB, DYL etc etc ......

With the spot U price rising again, and the Chinese chaps stocking up lately, the bottom has probably been and gone .....

Taking a medium (2-5 ) year view, there may never be a better time to park some money into future Uranium producers .....

 

[noirua]

Totally agree Noirua ......

I've put my money where my mouth is so to speak with PEN .... but there are quite a few spec plays with great potential if the Uranium bug hits again ...... ACB, DYL etc etc ......

With the spot U price rising again, and the Chinese chaps stocking up lately, the bottom has probably been and gone .....

Taking a medium (2-5 ) year view, there may never be a better time to park some money into future Uranium producers .....

Thanks for your view barney as so many people I know, plus bulletin board stock punters (high risk investors I mean), appear unable to risk money in the uranium sector. When the recovery is well and truly underway they'll all pile in, as the clever ones sell into the market to Bank some profits.
Good luck - noi

 

[Dona Ferentes]

A piece caught my eye recently,

"TerraPower (which Bill Gates co-founded, by the way) and its “Natrium” reactor designs. This will be an even safer and more efficient method than the current water-cooled reactors. The first site is currently under construction in Wyoming, supported by DOE. Mike Goff has worked on it and sounded very optimistic—mainly because the design is relatively simple and should be easy to replicate. It won’t be like the older generation where every site was different and thus more expensive. He thinks between Natrium and other new technologies, we will see a significant expansion in US nuclear capacity in this decade.

"Multiple companies are working on “modular” reactor designs, kind of like pre-fab homes, where you can literally build them in one location and install them anywhere else in the world, greatly reducing costs and construction time...."

and there's further reference in the VisCap article, link below..

Small, modular nuclear reactors are one of the current proposed solutions to both bring down costs and reduce construction time of nuclear power plants. The benefits include smaller capital investments and location flexibility by trading off energy generation capacity.

Visualizing the Uranium Mining Industry in 3 Charts

These visuals highlight the uranium mining industry and its output, as well as the trajectory of nuclear energy from 1960 to today.

www.visualcapitalist.com