Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
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uranium - no way but up
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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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Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem
19 Jun 2025In this Week 25 episode, we talk about the $30 billion takeover bid from Abu Dhabi that Santos (ASX:STO) will be mulling in coming days, claims Virgin’s impending IPO is “overpriced,” and Sprott buying up physical uranium. Listen Now
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Sharenot so stupid now Up 10% Gobs baby, when's the big sell off due? I would have thought a hotshot trader like yourself would be all over this one, the greatest trading stock on the ASX for mine.
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Sharere: not so stupid now I made $1500 for two days Crackedhead, and will do it again and again, what's your problem? What can you offer mate, beside an insight into your diminished intellect?
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Sharere: not so stupid now Yeah, right peanut, aren't you the mega trader? Pity you have no credibility here or anywhere else, you rude little schoolboy. Get a job and stop bugging people....
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Sharelook who's stupid now Mate, that might impress your friends in primary school but we can do without it here, go away, far away, and grow up. Just another multi-nicked dickhead aren't you?
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Sharere: not so stupid now**hey big ears**** You got me there big fella,
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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ShareThere are infinite ways to lose money......infinite ways. Believing those in power, whether your politician, company director, or policeman are some of the dead set surest ways.
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Sharesandune, you come across as being so deluded by hate.
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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ShareVery direct, and good post. It's only others that will feel the shame for the directors TSS.
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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Share
Mineweb article
http://www.mineweb.com/mineweb/view/mineweb/en/page72103?oid=130009&sn=Detail&pid=72103
Uranium prices no way to go but up - stocks to follow - Chang
While uranium prices fell after the Japanese earthquake and tsunami, Versant Partners Analyst Rob Chang says in the long term, prices must rise due to a supply shortfall and the economic necessity of using nuclear power. Energy Report interview
Author: George Mack
Posted: Thursday , 23 Jun 2011
KENWOOD, CA -
The Energy Report: How did investors initially react to the earthquake and tsunami in Japan, and how have attitudes changed since?
Rob Chang: Many hit the sell button on uranium after the disaster. The uranium spot price prior to Fukushima was around $66.50/lb. In the three days following, it declined 30%, to as low as $47/lb. However, it didn't stay that low as it bounced back by the end of the week, finishing only about 9% lower, at $60/lb., which was a good sign. It later drifted to a low of about $55.25/lb. in early May and is now trading at $55.00/lb.-showing some strength.
Switching to the long-term price, which better indicates how utilities see things, it was around $73/lb. prior to the disaster. After the first post-Fukushima price update, it only declined $1/lb., a fantastic sign that the utilities and the producers didn't see much of a long-term impact. It has declined a little since then-and is currently down 7%, to $68/lb.
Uranium equities, on the other hand, declined about 30% following Fukushima and, despite attempts at rallying, their prices have drifted lower. It appears that investors have shifted their focus away from the fundamentals, which drove the market for the previous nine months, and now employ more of a "wait and see" approach while countries around the world re-evaluate their nuclear programs. It is interesting to note, however, that despite the 30% drop from the peak before the tsunami, uranium equities are still trading higher than at this time last year. Things are still positive from that perspective.
TER: Very interesting point. Germany has announced a plan to scrap its nuclear power programs by the year 2022; Chancellor Merkel says this is just the beginning of a fundamental shift in policy. What is your take?
RC: I am skeptical. A 10-year time frame to phase out 25% of Germany's power generation seems aggressive, and Merkel's plans lack clarity. They say the power will be replaced by gas and coal plants in the short term, and then by renewable sources. But there are a lot of question marks. For example, renewable sources currently make up 17% of Germany's power generation; they are expecting that to double to 35% by 2022. That's pretty aggressive.
Economically, the cost would be ridiculous; just to phase out 25% of the world's fourth-largest economy's power generation and replace it with gas and coal, and then buy renewables, would require a vast amount of money in the form of taxes and/or tariffs. That is hard while we are still in a global recession or downturn. At the same time, even if they were able to find the money, where are they going to build new power plants? No one will want them in their backyards. An additional layer of regulation and political hand-holding would be needed; to attempt to do all this in 10 years is optimistic at best.
TER: But won't this be an overall negative for nuclear power?
RC: It could be if they succeed. However, Germany only accounts for about 4% of global nuclear power generation. So, over the long term, it might not make that much of an impact.
TER: If Germany has taken this attitude toward nuclear power, does it open the door for other countries to think that way?
RC: It does, because Germany is a large economy and one of the more powerful industrial nations. However, outside of Switzerland and Italy, it doesn't seem like many other countries are moving in the same direction. The driver behind the change in Germany is the fact that Merkel's political party is losing power. They know they need some radical changes to hold onto it, so, instead of a gradual phase out, they've adopted a more drastic one, hoping to grab votes.
TER: Let's move back to Japan. We know from unfortunate past experience that Japan has been willing to make dramatic foreign policy changes because of catastrophes, for instance at the end of World War II. Could they be rethinking their policy on nuclear power?
RC: They could be-every country is rethinking their policies-but the economics don't work well for phasing out nuclear power in Japan. Currently, 30% of Japanese power comes from nuclear generation. Studies indicate that it would cost $60-$150B to replace that with coal or liquefied natural gas (LNG), and another $17-$27B in import costs for coal and LNG. That would be an extremely expensive endeavor in an environment where they need to rebuild parts of their country-and again, the global economy isn't strong.
In order for renewables like solar power to replace nuclear, the country would have to increase capacity about 190 times from where it is right now, costing just short of $700B in capital expenditures. In terms of wind power, some estimate they would need a hundredfold increase, costing $330B. Some might suggest geothermal, but that's not possible; it would take 65 GW (gigawatts) of geothermal power at a cost of more than $200B to replace the nuclear power being generated, although the country is currently only capable of producing 23.5 GW.
TER: So, you are still bullish overall on nuclear power, and therefore uranium mining.
RC: Absolutely.
TER: What are the growth drivers for the uranium industry?
RC: Fukushima hasn't really changed those. Current demand for uranium is around 180 Mlb. from the 440 operating reactors around the world. Meanwhile, the supply from mines is around 135 Mlb. That leaves a 45 Mlb. shortfall, currently mitigated by the Highly Enriched Uranium (HEU) agreement, which downgrades Russia's nuclear warheads and redistributes the material. The agreement is set to expire in 2013, and from the reports we're getting the Russians aren't planning to downblend any more after that. If that is true, they will not be reprocessing their warheads after that date for themselves either, so that supply is disappearing.
Meanwhile, 61 reactors are under construction, already financed and moving forward. Another 25 Mlb. of uranium will be required to power these new reactors, which use approximately 400,000 lb. each. On top of that, 158 more nuclear reactors are planned, and 326 proposed. Even if only half are built, that's another significant demand for uranium when we already have a 45 Mlb. shortfall. The growth drivers for uranium are phenomenal.
TER: What does this shortage bode for the price of uranium?
RC: It has nowhere to go but up. For the marginal cost of production, you're looking at a minimum of $45-$50/lb. If you were to add on the capital expenditures required to build out these lower grade, probably deeper deposits that generally cost more to build, you are looking at a minimum of $70/lb. just to support the build-ups. And since you have such a supply shortage relative to demand, these new mines need to be built in order to power the world. For that reason, the uranium spot price must increase to $70/lb. or higher going forward.
TER: On a long-term basis-let's say 10 years-will the events at Fukushima have slowed the growth of the uranium industry?
RC: Overall, I don't think Fukushima has made a significant impact. One analysis predicts only a 4% reduction over the next 10years in uranium demand because of Fukushima. That is not very significant, especially when we have massive shortfall of supply relative to demand right now.
There will be some impact over the decade, but I think the actual impact on the markets will be short lived. It's tough to say how long it will take; it depends on the actual impact of Fukushima, which is not yet fully known. There are still ongoing efforts to fix everything there.
A parallel could be made to last year's BP oil spill. Around that time, there was a lot of negative sentiment toward oil, but now, any oil-related investment is significantly higher than it was before. Similarly, uranium could be off and running by next year. That could be optimistic, but it looks and feels like it could end up in the same situation.
TER: In a basket of individual uranium stocks, the one-year total returns are still phenomenal, anywhere from 30% up to 150% up over the past 52 weeks. But over the past three months, some of these stocks have been cut in half. Is there a bright side? Are we looking at deep value currently in stocks?
RC: There is definite value. The uranium stocks were all on an upward trend, as you noted. The uranium price itself needs to go higher, and these stocks will go with it. So yes, there is significant value in these stocks; we just need a catalyst, more interest or at least recent events to blow over for these stocks to reignite.
TER: Thank you, Rob.
Versant Partners Analyst Rob Chang has extensive financial markets experience dating back to 1995. He was a member of a five-person team running a multi-strategy hedge fund, a base metals research associate at BMO Capital Markets, a manager of resource funds at a boutique investment management company and an equity analyst covering the global mining sector at an independent investment bank. Rob has an MBA from the Rotman School of Management at the University of Toronto and holds a Canadian Investment Manager designation.
Article published courtesy of The Energy Report - www.theenergyreport.com
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Sharerogerm, while you've deciphered the good and bad posters, have you also pigeon holed the ones that have fallen in love with the stock and reject any opinion other than the one they want to hear?
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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ShareSo you can see both sides of the story matty.
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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ShareAgree seuss.
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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ShareI know. Maybe I didn't explain myself very well.
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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ShareWe'd have loved to play with your mind GZ, but this one is just uniquely weird!
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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ShareI am guessing that the ASX are giving them grief again, because on page 5 of the presentation, they obviously had the numbers prepared, that were going to be released in time for the AGM. (Obviously again is my guess)
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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ShareI find that post rather repugnant and cynical cusox.
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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ShareShadow, that is bull dust, and you know it.
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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Share
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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Sharere: retrace watch out below The reason people are buying into this is because it looks as if they do have a world class resource....if that is the case this stock is very undervalued at current levels.
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ShareMaybe this sheds some light on it ............................
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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Share
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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ShareI get your drift joewolf.
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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ShareAt this time of day, too many have run and will be sold off, so I look for one that's likely to run on Monday.
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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Sharere: it goes like this? Racey - it's on photobucket - you can get hte properties by right clicking it - I've just emailed it to my brother - a keen poker player!
Salty - howsabout an email update please imo!!- *Removed* this post has been removed from public view
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ShareWhat a fascinating thread reading back 3 months!
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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