Price finally chases the inflating element UranniumIn the Uranium market, to keep all atomic plants going, the offer must improve. There was a good interview on Kitco News explaining the current movement. These low prices are not even worth mining for some companies and not enough volumes of Uranium are on the market as a result.
All Uranium stocks I've got on my watchlist grew significantly with ENCUF and ISNF leading the market. I expect this rally to continue, but I also hope there is going to be a short break before the continuation as I want to buy some more.
From the technical perspective, ISENF broke above 6 months' consolidation high rallying 97% in 14 days. That's a lot...
Anyway, I would only buy if the retracement is big and convincing. There should still be some time to reaccumulate. While mining output is insufficient, there is still enough Uranium to keep going for a long time.
Good luck!
Nuclear
The case for Uranium: Master Plan with a Price Target of 100$+In the early 2000s, the flooding of the McArthur River and Cigar Lake mines were immediate black swan catalysts that further accelerated the existing bull market into a mania moving uranium spot prices to a peak of $150/lb in 2007. The flight to commodities as an inflation hedge following the Great Recession served as an additional catalyst underpinning the macroeconomics behind the commodity boom of the 2000s. The last bull run ended when higher supply combined with the fallout from the Fukishima nuclear disaster sealed uranium into a now decade long secular bear market. Given the lack of speculation, mines today have been idled and the industry has been in consolidation and liquidation ever since. Over the past decade, Uranium prices have descended into the abyss.
Because it costs more than $50/lb to mine uranium, the current spot prices indicate an extreme imbalance. The former Soviet state-owned-enterprise, now publicly traded Kazatomprom has forced cheap supply onto the market over the last decade, however overly bearish sentiment has held back the necessary investment in new mines and exploration leading to consistent annual supply deficits. New reactor construction in China and India has lead to strong growth in uranium fuel demand. Given the extreme asymmetry and cyclicality of uranium spot prices, investors are presented with a once in a lifetime opportunity.
On top of that, COVID19 has lead to further supply constraints. Cameco's Cigar Lake Mine, which accounted for 18% of worlds supply, was and remains closed. Now, mining companies such as Denison have started actively buying uranium off of the spot market to fulfill their obligations.
Its only a question of time until the remaining supply wont be enough to fill demand.
At that point, we could experience a bull market in Uranium and the mining companies of epic proportions.
Note that uranium bull markets are multi-year to even decade long affairs.
My estimation is that we will see prices go to around 50$ in the short term, and then continue a rise up to the 70-90$ region, where price could be sustained for longer periods.
However, on shorter timeframes, this longer term target could certainly be overshot, and by a lot.
Does 150$/lb sound realistic? Perhaps.
While we haven't had a bear market as severe preceding this bull market as we had in the early 2000s, you would need to account for other factors too.
Adjusted for Inflation, 150$ in 2007 would be around 200$ in todays prices.
On top of that, there could be additional catalists coming up along the way.
My plan is to start selling my miners once we reach the 70-90$ range, and let a portion run to see how high we can go. If we go significantly above 100$, I will make sure to not sell the rest of my shares below 100$ U308.
Keep in mind that miners tend top out before the price of actual Uranium. Catching the top will be difficult, and there probably wont be a lot of time for it.
My favourite ways to play this is to go long on $UUUU, $DNN, $CVV, $FCU, $NXG, $URE, $CCJ.
Since there are only about 20 publicly traded mining companies with (high) exposure to the uranium market, of which around 15 are viable investments in my oppinion, even a "spray and pray" approach probably will likely be able to reap in significant returns if my thesis plays out.
Once the tide rises, it wont matter too much in which boat youre in.
UUUU Clean Green Energy PlayWIth all the hype about green energy, the only sustainable and reliable form of clean energy is nuclear (maybe hydro but thats another story). Nuclear Power plants have not been meddled with for about 40 years. Many of those which are being decommissioned (???). Solar and wind produce more toxic waste to the environment when compared to nuclear. Which nuclear waste goes into safe long term storage in water pools at the power plant or in a dry cask. This "used" up fuel can be reprocessed and used again. Spot price of uranium being at some low spot, the ability to buy and hold millions of pounds of uranium, and Sprott adding physical uranium to markets (SRUUF) is a big win for the long term bullish cycle coming into these uranium/energy plays.
Has yellow cake created a top? Is this the dip we've all been waiting for, or is it nuclear disaster?
Southern Company Stock Analysis (SO)Basic Facts:
Southern Company is itself a holding organization who owns all of the Common Stock for Alabama Power, Georgia Power, Mississippi Power, and Southern Gas; all of which are publically operating utilities. Southern’s other holdings include Natural Gas Distribution, Marketing, Wholesale services, and pipeline investments.
Growth Factors:
The total customers served under Southern’s (SO) area are about 4.5 million. This looks to be one of the largest areas of growth for the next decade. The recent pandemic has forced many people to re-evaluate what they want out of life. Contemplation has resulted in a mass exodus from northern states to southern states (see census data) as many freedom sensitive and financially cognizant individuals seek more accommodative socio-economic environments. I see this trend to continue as COVID transforms from a persistent threat to a source of past-trauma and driver of personal reflection. The trend of “realization” will, in all likelihood, continue and grow to a nexus in the next couple years. This may well increase Southern’s customer base by an order of magnitude over the next decade. The number of customers will grow until economic pressures force northern and liberal states to seek conformity with their more free counterparts. I think these pressures will need to persist for ten years before changes in these sates become apparent enough to soften demand for family and individual relocation.
Demand for Green Energy isn’t subsiding. Common notions of “green” energy typically involve: Solar, wind, and natural gas. Southern has a large presence in the Natural Gas industry along with very accommodative infrastructure and buy-back policies for solar generation. Political environment and other entities with SO’s area (Transmission entities, EMC’s, and Power Co-ops) are also accommodative to Solar Generation through buy-backs and Green Energy purchasing programs. These will bode well against the persistent narrative in favor of green energy.
SO’s interest in the Vogtle Units 3 and 4 also paints a very good picture for the future of net-zero carbon emitting generation. Commonly repeated negativity surrounding the numerous cost over-runs and delays surrounding construction of the Units are, in my opinion, vastly over-stated. The new Vogtle Units are state-of-the-art (new cooling technology and new style Westinghouse alternator). Most of what’s being done at Vogtle has never been done before in scope, scale, or timeline. The bankruptcy of Westinghouse (the manufacturer of the alternator used for Units 3 & 4) also stretched expected completion date. Considering these pressures, miscalculations in costs and timelines are to be expected. However, I believe most investors have priced in delays within the present stock’s price (~$61.00 per share).
I treat the inclusion of expanding Nuclear generation in my bullish assessment of Southern’s stock because, as the amount of traditional green energy (Solar and Wind) increases as a percentage of effective generation, it will become painfully clear the system becomes more fragile in exponential proportion to the amount of “green” generation expressed. Protecting the system against itself when this proportion of expressed green generation is large remains an evolving science. Many substations are adding high-voltage reactors to provide inertial frames for fault detecting relays but this will likely not be enough to appropriately protect the electric system. This will make classic rotating machines (steam turbines) necessary to provide base-generation and system stability (this is not opinion, but fact).
Nuclear power is also cheaper to generate though maintenance costs can be substantive (there are few things more complex than steam turbines). This will create an economic pressure for Southern to generate more power through their nuclear units as other utilities looking to buy power off the wholesale markets demand the cheaper energy (this is my opinion).
Monetary Environment:
In the age of Central Bank debt jubilation it’s always appropriate to consider the actions of the Federal Reserve into one’s evaluation of American equities. This is no different for my evaluation of Southern Company. The Fed has provided markets with liquidity ad nauseam. This was true even before the repo crisis of summer 2019 and the liquidity crisis of March 2020. Looking at the chart, one can see the precipitous rise of SO’s stock price throughout 2019 as the Effective Federal Funds Rate (in purple) decreased rapidly in the aftermath of the “taper tantrum” in 2018.
As the Fed has driven down the effective interest rate and costs of capital, investors can expect more capital appreciation for each dollar invested into financial markets. This has resulted in speculative waves in tech and other growth sectors which themselves have bred things like “meme stocks” and ESG investors. Narrative and “hopium” have become more significant than cash flow and asset valuations. This fact makes my present valuation of most equities included within the S&P remarkably over-bought and “bubbly” (death-gaze on TSLA). Over time, debt can never remain solvent at the present levels. The Fed will have to taper eventually and, once it does, capital will fly at super-sonic speeds away from growth investments (Amazon, Apple, Tesla, NVidia, and the tech industry as a whole) to value investments, like SO. This will not necessarily result in a rise in the stock’s price but those who are already positioned in value stocks once the Fed tapers will sleep easily.
Stock Price:
I expect the utility sector to languish through the summer as monetary conditions will remain accommodating throughout the rest of 2021. I don’t expect a rise of the stock price above $67.00 throughout the summer with no breakout above $70.00 for 2021.
The short-term trend of SO is bearish with the equity in a noticeable downtrend. However, SO is approaching the lower bound of a regression trend with a buy price of $60.50. A longer-term regression trend shows a bullish trend with the present price approaching the lower bound of that trend as well.
SO will need to hold $60.00 as a resistance. If this resistance fails the next price target would be $57.35.
My longerm (3-10 years) valuations is: BULLISH
UEC Uranium Play is Ready to go DEF CON 5!I had a random thought, voice, divine intervention, I don't know what it was but out of no where I had this, more than a thought or idea, but it was clear... "Look at URANIUM! " Subtle real Subtle......*slowly starts to run away*
Anyways in my dive into Uranium Plays I looked at URA which is a ETF and good but kind of slow....and about 4 other Uranium Stocks....Then I found this one UEC. UEC is not only a Company that stock piles Uranium, they invest in other companies stocks that have uranium! ETF Warehouse of URANIUM! AMAZON of URANIUM! ok I digress you get the idea. So that said I found the bottom, drew my trend lines from the past, slapped it and called it Sally......Waited for it to dip and then bought in on some option calls. I think where it is at currently isnt a bad place to get in $3.07. The option calls are .15 out of the money and .25 in the money! I mean I dont know what gets you all excited but I couldn't stand up for 15 mins when i found this.....Mostly because My back hurt and it was locked up....but thats besides the point.
If you are looking to add some something Nuclear in your plays this is the play to get in on. Just my .02 cent worth but i mean thats all i can afford so dont listen to me......or do. Either way I'll still be sitting here not standing up.
by iCantw84it
05.27.2021
Metals/Energy - BMNIdea for Bannerman Resources:
- A quick technical idea for BMN.
- We are very bullish on uranium.
- See related post on MGA for further fundamental analysis.
- Technically a clear bull flag.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
Good solid stock.I can't believe no on has published ideas on this solid stock. I'd like to see all those publishers and Idea people out there share their ideas on this one b/c this one has been very good to me. I am hoping they are getting into generation iv nuclear. Id' like to find more generation iv nuclear. We need some hope in our economy before the inflation apocalypse. We need nuclear energy and the Green Nuclear Deal to power up what will hopefully be huge amounts of manufacturing in the United States. We need nuclear so we can procure space. Own Space. Own the universe. Just some ideas
UEX BULLISH AF!!! 2000% POTENTIALI don't even know what to say.. it's the end of a 9 year accumulation phase, at the same time when Uranium starts a Bullrun.
The uranium miner stock I'm most bullish on.
Buy the dip on Uranium CCJI drew these trendlines about 2 weeks ago and since then the price action run like clockwork. Just used this to load up more on uranium-heavy bags. The white line is from multi-year falling wedge which was tested again and showed strong support. My actual price target is near ATH. I think we will miss the opportunity of CCJ below $20 soon.
Uranium is similar to planes. People are usually more afraid of flying than driving, but numbers do not lie and show that planes are the safest mode of transportation. I think the sentiment is shifting and the risk is to the upside.
DNN forming a bull flag, good entry to a long term play. Denison Mines is a uranium exploration & development company located in Toronto, Canada. They own 90% of the Wheeler River Project, which is the largest undeveloped uranium project in the eastern portion of the Athabasca Basin region in northern Saskatchewan, Canada.
They just raised $86.3m to buy physical uranium as an investment, which is tightening up the already short supply of uranium and further driving up the spot price. And recently, in a press release, Denison announced it was being added to the SP/TSX Composite Index and the addition took place this Monday (3/21), which means there will be some bigger players stepping in now.
I think this play has a lot of long term potential. A fast growing supply deficit of uranium and the Green New deal, I think this could play out nicely short term but I'm holding long term.
This is not financial advice
Bullish Charts - Uranium PlayCameco Corporation produces and sells uranium. The company operates in two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, as well as purchase and sale of uranium concentrate. Its operating uranium property is the Cigar Lake property located in Saskatchewan, Canada. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services. This segment also produces fuel bundles and reactor components for CANDU reactors. The company sells its uranium and fuel services to nuclear utilities in the Americas, Europe, and Asia. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada.
Cameco Corporation is one of the world's largest uranium producers, a significant supplier of conversion services and one of two CANDU fuel manufacturers in Canada. Their competitive position is based on their controlling ownership of the world's largest high-grade reserves and low-cost operations. Over the last four quarters, the stock’s earnings surpassed the Zacks Consensus Estimate thrice .
finance.yahoo.com
On May 20, 2020, U.S. Department of Energy rushes to build advanced new nuclear reactors
www.sciencemag.org
On 06/26/20, Cameco issued a press release relating to its win in the appeals court for tax issues. With the court win, Cameco should be receiving over $300 Million back from the Canadian Government plus another $482 million back in letters of credit that Cameco was required to pay as installments.
transferpricingnews.com
The tax court win was a HUGE win for Cameco and will free up hundreds of millions of dollars.
Daily Chart Looks Bullish
Volume, Bullish
PMO, Bullish
MACD, Bullish
Stochastic, Bullish
OBV, Bullish
On 06/30/2020, Raymond James issued an Outperform rating on Cameco.
On 06/25/2020, BMO Capital Markets raised the price target to C$17.00.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Cameco - a rare opportunity to invest in carbon-free nuclear.Cameco's share price is down nearly 50% from it's 52-week high, despite what is normally a low beta stock. The Company has a strong balance sheet and over $1 billion in cash. The only issue is earnings. The P/E ratio is very high, but the $74 million in earnings (before adjustments) for 2019 was a paltry 18 cents per share in an oversupplied market for uranium. Cameco management is aware of this, and to quote their own strategy:
We will not produce from our tier-one assets to sell into an oversupplied spot market. During a prolonged period of uncertainty, this could mean leaving our uranium in the ground. As conditions improve, we expect to meet rising demand with production from our best margin operations.
scriptA keeps BWXT long (for now)...scriptA has been in control of renewable energy company BWXT.
although long the price is working up a rising wedge, wait for the cloud drop and short signal then ride it down for another >30% call
to learn how to use this script visit tradingscripts.best
NOSHORTEMBER IS COMING || ALTSEASON ANTICIPATION ANALYSIS Alright, despite all the bearish bullshit there are clear signs of upcoming HUGE MOVES.
Yeah you might get REKT on the way up, it's not going to be a comfortable ride like we had in 2017 (shout out to all the 2k17 veterans).
Expect a lot of whale fuckery (as usual, in fact this whole decline is due to whale-fuckery).
Don't forget about 22loops' warning about BTC ATL in mid-October.
This chart is here to inform you that you gotta pay close attention to ALTCAP in the upcoming days.
Good luck fellas
and may the Force be with ya
P.S.
I'm still HODLing DOGE
UUUU: Energy Fuels IncEnergy Fuels state they are "the No. 1 uranium producer in the U.S. with a market-leading portfolio" as well as being a recent vanadium producer.
Energy Fuels Inc., together with its subsidiaries, engages in the extraction, recovery, exploration, and sale of conventional and in situ uranium recovery in the United States. The company owns and operates the Nichols Ranch uranium recovery facility located in Wyoming; the Alta Mesa project located in Texas; and the White Mesa Mill located in Utah. It also holds interests in uranium and uranium/vanadium properties and projects in various stages of exploration, permitting, and evaluation located in Utah, Wyoming, Arizona, New Mexico, and Colorado.
Energy Fuels owns two fully licensed and constructed ISR uranium facilities in the U.S, with a combined capacity of 3.5 million pounds of uranium per year.
$42.6 million of working capital, including $16.6 million in cash, $11.4 million in marketable securities, 485,000 pounds of finished uranium goods inventory, and 610,000 pounds of finished vanadium goods inventory.
The Company completed no uranium sales of any significance during the quarter and continues to add to uranium inventories.
On July 12, 2019, President Donald J. Trump issued a Presidential Memorandum pursuant to Section 232 of the Trade Expansion Act of 1962 (as amended), ordering the creation of the U.S. Nuclear Fuel Working Group (the "Working Group") to "examine the current state of domestic nuclear fuel production to reinvigorate the entire nuclear fuel supply chain, consistent with United States national security and nonproliferation goals." The Working Group has 90 days from July 12, 2019 to complete its recommendations to the President. The Company intends to continue supporting this initiative in Q3-2019 and believes it has the potential to result in actions that provide meaningful support to the U.S. uranium mining industry.
M timeframe BEAR
W timeframe break above BULL
D timeframe overextended overreaction BULL
RSI W timeframe oversold BULL
MACD W bears loosing momentum BULL
UX3Mo futures broken above TR line BULL
RRR more than favorable BULL
Nuclear reactors building in India, Russia, China
Japan considering running again nuclear reactors after Fukoshima
Kazahstan cutting supply due to mine amortization
Low prices have taken out non-economical uranium projects
EXANTE is a broker for professionals. Direct access to over 50 financial markets through one account.
Stocks & ETFs, Currencies, Metals, Futures , Options, Funds, Bonds, Crypto¬currencies.
Any information contained on this website is provided to you for informational purposes only and should not be regarded as an offer or solicitation of an offer to buy or sell any investments or related services that may be referenced here. Investing in certain instruments, including stocks, options, futures , foreign currencies, and bonds involve a high level of risk.
Uranium Flirting with BreakoutVery notable test of year long trend line, waiting for daily close above and possible retest before entry.
Anyone with experience investing in this sector feel free to hit me up, thanks.
Cemeco longEasy read.
With the rise in popularity of Uranium, Nuclear Power and MSR coming in 2020/2021 I see Cemeco doing very well.
Uranium Possible Play PA has found a floor after approx. year 7 year sell off. Note volume.
Possible disparity between actual value and current price ?
Monitor to see which breaks first, price floor or resisting trend line.
TSX:FSY Forsys Metals - Mining for clamsGlobal energy driver
Uranium mining stock
Ur prices jumping due to gap and closures
#5 global supplier via Canada and So. Africa Namibia mines
No real drop in past 2 weeks
VIX resistance
Zinc Vs other metals, Winner-winner still UREducational Metal Futures Insights:
ZA1! Zinc futures are up 15% over the past month, however note "Uranium futures" have been notably increasing since May.
Silver COMEX:SI1! and Copper COMEX:HG1! futures have just started their uptick with recent volatility in
market. CBOE:VIX Gold GC1! is also just starting a small uptick.
The summary: Uranium is a low cost energy driver globally with China bringing on new plants, India on the horizon, the US domestic sourcing to some degree, and japan
starting to restart their power plants from 2011 Fukashima issue as safety, now 7-years later has been implemented for deemed fail-safe. Uranium has achieved an all-time
low from high in 2006-2007, and 2011-2012 to current recovery in April-May of this year. Any company that can benefit in gold, copper, silver along with uranium such as
Rio Tinto, great. Low energy nuclear fusion and going to be the next Uranium, so again mining companies with Nickel (no futures contacts and oddity and needs a futures
contract added) is another benefit. Suggest you use this Nickel website for ideas. www.miningfeeds.com
Ur watchlist:
TSX:U , AMEX:UUUU , TSX:URE , NYSE:CCJ , AMEX:DNN , NYSE:RIO , AMEX:UEC
Ni watchlist:
TSXV:SFR CHXEUR:AALL LSE:ALBA ASX:AUZ ASX:ANW TSX:HBM TSXV:CNX , TSX:RNX , OTC:RNKLF Note: Royal Nickel recently struck a
Father's day gold vein and spiked from 0.07 to now 0.71. Lucky me for knowing small nickel stock. Share your favorites in comments below. I know most here are just
it's just a deal type, but appreciate hearing from you.
LENR Technology:
www.ecat-world.com
Low CO2 energy. Having recently dealt with 70 something houses and businesses be affected by a natural gas over pressurization am thankful no one has to move outside the zone of a nuclear plant, so keep it real and keep it safe. Rule #1: Don't loose the money, Rule #2: Rule #1.
@pokethebear
TOSBF- Toshiba 10 baggerHow did this not get more exposure? Under $3 stock now $28-29/share in last 2 months.
Wow, what a 1/10 split looks like...lol. Got yah!
LENR or low energy nuclear reactor technology and Toshiba technology battery....
