Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
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uranium is not going away
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These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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Metals & Mining SECTOR NEWS
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20 Jun 2025 SATURN METALS LIMITEDSaturn Metals reports thick, high-grade gold results supporting Apollo Hill’s potential for low-cost, large-scale mining and processing. In addition, a significant high-grade extensional intersection has... Read more
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I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
regards
Check out what the big money was doing during the fall.
http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D- *Removed* this post has been removed from public view
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The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!- *Removed* this post has been removed from public view
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A leopard does not change its spots, nor a tiger its stripes.
Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.- *Removed* this post has been removed from public view
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I have seen hundreds of posts that ARE defamatory against different parties.
My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.
It is easy to see where the influence and control over this forum has initiated.
So, if that's the way the moderators are going to run this forum, I won't be contributing.
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http://www.marketwatch.com/story/uranium-is-not-going-away-2011-04-22
April 22, 2011, 12:01 a.m. EDT
Uranium is not going away
Commentary: The contrarian case for Uranium is compelling
By Brett Arends, MarketWatch
BOSTON (MarketWatch) - Uranium prices have slumped. In the wake of the disaster at Japan's Fukushima Daiichi nuclear plant, the price of a pound of uranium on international markets has tumbled all the way down to about $56.50, compared to $73 in early February. A few years ago it briefly topped $130.
Uranium has tumbled while oil has been booming. Today you can get two pounds of uranium for the price of one barrel of West Texas Light crude.
And yet the world needs energy. More and more of it. According Jonathan Hinze, vice president for international operations at uranium specialists UX Consulting, you need 10.4 barrels of oil to generate the same amount of energy as one pound of uranium. It's not quite as simple as all that, but the comparison is not a facile one either.
You make money in this business by buying low and selling high. It's easier said than done, of course. When things are low, nobody wants them.
It's easy to see a bear case for uranium - or, at least, a case for this sharp sell-off. Fukushima has cast another cloud over the public image of the nuclear power industry. It is harder to sell the idea of more reactors - here or overseas. China has scaled back some nuclear plans and is reviewing safety issues. Germany is speeding up its move away from nuclear power altogether. Japan was forced to raise the level of its nuclear disaster to the same as Chernobyl. The headlines are terrible.
All this is known. It may already be reflected in the price of uranium.
But there is another side of the story.
The world may not like nuclear power, but it probably doesn?t have the luxury of going without it either. Energy needs are soaring. BP's latest analysis predicts 40% growth over the next twenty years. Forecasts are always questionable. We can argue about the number, but hardly over the direction. We already know the story. In Asia and in other emerging markets, hundreds of millions of people are moving from the peasantry to the industrial middle class. They want cars, air conditioning, flat screen TVs and vacations abroad.
We?re going to need a lot more energy, from pretty much every source we can find. Coal, natural gas, oil, wind farms, solar paneling, and, barring miracles, nuclear reactors. No matter what you think of renewable and clean energy, nobody thinks they can provide all the answers.
The Chinese know this. They have trimmed expansion plans from 90 new reactors to 70, says Hinze, but they are still expanding. The same goes for other countries as well. The Germans are able to be so "green" at home, says UXC's Jonathan Hinze, partly because they are able to buy some of their energy from nuclear France.
Everybody knows there are serious safety and environmental concerns. But so there are with nearly all sources of energy. Coal and oil are environmental disasters. Even hydro-electric has its issues. Consider the environmental cost of China's now-infamous Three Gorges Dam.
There are about 450 nuclear plants in the world. Since Three Mile Island, 22 years ago, we've had two serious accidents. One, Chernobyl, involved monumental incompetence by a corrupt third world dictatorship. Fukushima was a forty-year old nuclear reactor that was hit by an extraordinary natural disaster. Those of us who grew up with the movie The China Syndrome half expected a catastrophe of Biblical proportions. I'm not making light of Fukushima, but I am arguing for perspective. People are killed down coal mines, or on oil platforms, all the time. It just doesn't make the news.
The French get three-quarters of all their energy from nuclear power, and they have not had an accident yet (I apologize for tempting fate here, but one has to report these things.)
In a nutshell: There's a very strong likelihood that the world, in due course, will decide that it needs many more nuclear reactors, and that the benefits offset the risks.
What of uranium?
Nuclear reactors need to replenish about a third of their uranium every twelve to twenty-four months. Currently the world?s reactors need about 70,000 metric tons a year. But the mining industry supplies something over 50,000 metric tons. Most of the rest comes from recycling old nuclear weapons. That's a program that's been going on for years. It is due to come to an end in 2013. (although some Russian weapons will still get recycled on an ad hoc basis, says Stephen Kidd, deputy director general of the World Nuclear Association).
As for other supplies? Uranium is abundant in the world, but not in usable quantities, or in a usable state. For the latter it needs to be mined and processed. Uranium was in a bear market through the eighties and nineties, with the result that there was little exploration and production. The world has been ramping up - quickly - in recent years. Major areas of production include Canada, Australia, and Kazakhstan.
According to the World Nuclear Association, the lowest-cost uranium mines - those with operating costs below $30 a pound - can only produce a maximum of about 60,000 metric tons a year. After that the costs start to rise pretty sharply. If you want 75,000 metric tons a year, the last tons will cost you about $60 a pound. In other words, today's price is in the ballpark of the marginal cost. "There's probably not a lot of room to go down further from here, given the fundamentals," says UXC's Hinze, though he adds that in short-term trading anything can happen.
None of this is conclusively bullish for uranium, naturally. But it is intriguing. No one wants this asset.
If you are a private investor, take a look at Uranium Participation Corporation (PINK:URPTF) , a Canadian closed-end fund that simply holds physical uranium. "It's not exciting," says David Wago, analyst at GMP Securities. "It just holds uranium in a warehouse, gathering dust."
Shares in URPTF have been hit even harder by Fukushima than the price of uranium itself. From an intraday peak of $10 in early February they have plunged to $6.75. There's little mystery why. Closed-end funds typically attract small scale investors. They are the first to panic and dump stock. That's why closed-ends typically fall hardest in a rout.
Uranium Participation Corp. on Thursday said the net value of its uranium was 7.94 Canadian dollars ($8.34 U.S.) per share as of March 31. Since then, uranium prices have come down 5.5%. So Uranium Participation's uranium is worth about $7.88 a share.
And yet the shares now trade for just $6.75, or 14% less. So you're effectively buying the uranium for $48.40 a pound.
None of this is conclusively bullish. Commodities generally look overbought, and ominously popular. Uranium could keep falling in price. A decade ago it was only $7.50 a share, and the only floor one can ever be completely sure about is $0. Nonetheless uranium at $48.40 a pound may tempt contrarians.
Brett Arends is a senior columnist for MarketWatch and a personal-finance columnist for the Wall Street Journal.
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It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
PEN is very tradable, but not out of the woods by a long way imo.- *Removed* this post has been removed from public view
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I'm in the same boat having traded PEN from time to time.
It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
Shame on many of you.- *Removed* this post has been removed from public view
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I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.- *Removed* this post has been removed from public view
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There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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Do you have a 2.7 million deposit for a new home?
As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000
Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.
Feeling sick enough yet?
Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.
So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!
Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?
To make your appointment for Perthites, and just for a sick session for others:
http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829
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We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!
I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
Hmmm. That's my best conspiracy theory for now!- *Removed* this post has been removed from public view
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I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.
The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.
Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
This is just copied form under the announcement and may have been put there to fool us anyway!
30.3mt @ 1.7% CuEq
(0.8% cut-off) Measured and Indicated
97.9mt @ 0.96% CuEq
(0.4% cut-off) Measured and Indicated
272.9mt @ 0.62% CuEq
(0.2% cut-off) Measured & Indicated and inferred
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Right now, imo it's a buy.
What does that have to do with anything else?
Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper
If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?
It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.
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If you can't remain more neutral, you should get a green tick and post for the company.
You simply can't give a value on it without ALL the information.
Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.- *Removed* this post has been removed from public view
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No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.
However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,
Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.
Cheers
OI NQ , how they hanging?
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He was suspected of being Bendigo. Maybe the mods worked it out.
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:27 - 236 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529197 - in reply to msg. #529196 - splitview
piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:29 - 236 reads
Posted by bigdump
IP 210.49.xxx.xxx
Post #529199 - in reply to msg. #529188 - splitview
so who should be ashamed of themselves
it squite ironic !
Isn't talking to ones self a form of madness
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:30 - 246 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529201 - in reply to msg. #529199 - splitview
fark u 2 fool ramper
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:35 - 242 reads
Posted by trade4profit
IP 144.139.xxx.xxx
Post #529204 - in reply to msg. #529197 - splitview
diatribe...
Here are the posts you refer to "6 - 8 weeks ago"...
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Subject copper strike.. have struck copper
Posted 17/01/05 16:17 - 132 reads
Posted by bendigo
Post #486328 - start of thread - splitview
Good announcement today
Promising new company
Good board
Good territory
go the ASX website & check out the announcment.
Cheers
Bendigo
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Subject re: copper strike.. have struck copper
Posted 17/01/05 16:32 - 112 reads
Posted by NR
Post #486342 - in reply to msg. #486328 - splitview
all ready on them bendigo......awaiting further annonucements.......
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Subject re: copper strike.. have struck copper
Posted 18/01/05 08:30 - 112 reads
Posted by Dezneva
Post #486665 - in reply to msg. #486328 - splitview
Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.
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These were the first 3 posts ever on CSE.
Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."
Problem is, it was Bendigo he was replying to and not you!
How do you explain that?
Cheers!
The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:40 - 234 reads
Posted by Rocker
IP 220.253.xxx.xxx
Post #529215 - in reply to msg. #529204 - splitview
well picked up T4P
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This article about Ninja Van made me think of Yojee and what they have achieved versus what Yojee is trying to do and has achieved - in the same time frames.
https://www.cnbc.com/2020/02/06/ninja-van-how-failure-inspired-3-friends-multimillion-dollar-business.html
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The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.
Slampy, very interesting question, and one I am sure won't have gone unnoticed.
Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.
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CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.
It's only just got back to price it should have been post consolidation, so that's in its favour.
Very little to sell, I like that, as it will move quickly.
Many won't have received the email yet as they're at work, etc.
Read more here.
http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO
Looks good for next week. Be prepared!- *Removed* this post has been removed from public view
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Salty - howsabout an email update please imo!!- *Removed* this post has been removed from public view
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Lots of reading today!
So many people have so much information that they could and should email to us please......
[email protected]
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