They have NO CHOICE. The gov is smart enough to give the public time to adapt to these restarts but they will finally begin next year. Also by shutting down some of the older plants and upgrading regulations they are showing they are concerned for both safety and the economy. Look at the bonds that support these companies and plants, they have been slowly recovering pointing out that the Japanese investors think the restarts are coming.
Its time to take control! Ultimate Stock Alerts (search them) just sent me a call 8 days ago that is already up 22% and continues to climb even higher. Don’t miss out!
Maybe some of us caught the bottom, I'm way under water in UUUU but instead of continuing to average down I thought it made sense to diversify into URZ. Japan has NO CHOICE but start at least 1/3 of these reactor. Yes it's been delayed far too long but it has to happen. Combined with Utilities needing to cycle back into refueling in the next 24 months I expect LT contracts will start moving by spring. It will be slow, we will be lucky to see $50 LT contract pricing by the end of next year but hopefully the worst is over. High risk although I still see URZ under a buck as a no brainer.
Another very good buy in here is energy fuels UUUU
they have contracts and financing to weather through 2015 and beyond
I'll add to my position should they drop below 6. Both stocks represent an easy 30-50% gain in the next 6 months imop from these levels
Been waiting for a meltdown since the dilution...bought 10k at a dollar and another
10k at .88. I'll sell in the spring around 1.40 or so
They are investing an extra $36 million from the end of the June quarter until the end of the year. This is expected to raise their daily BOE from around 4700 to around 5300. The corporate presentation on their site would be a good place to start DD. Good luck, and hopefully if you get in you can do so at or near the bottom.
looks promising. No debt but dilution happened. B/S is decent and liked the Operating cash flow. are these folks investing a lot? for 26 cents definitely worth the time doing a dd...will do a DD.
It could, maybe, probably.............I only see opportunity and a great chance to average even lower! Only a matter of time and when it turns this time gonna run up in a hurry!
And it will remain so for some time, in my opinion. I wouldn't try to guess the bottom on this one. If you're still interested, wait until the stock shows some strength. Just my opinion
For those of you looking for another beaten down, high reward prospect in the energy sector, I recommend checking out Madalena Energy. The recent drop in oil prices to a 2 year low along with the ongoing issues in Argentina have pulverized the stock price in the last couple of weeks. However, they have conventional and unconventional plays in both Canada and Argentina. They are also debt free and using their positive FCF to expand operations. They recently more than tripled their production with about a 40% dilution and have no pending reasons to dilute further. Please perform your own DD, and I'd be happy to hear your thoughts. For full disclosure, my average is now about $0.35 a share after the recent free fall. Good luck to all.
P.S. It is good to see URZ holding the last few days with URG hitting new lows, DNN dropping below a buck, and CCJ getting beat up as well.
Personally, I bought 7K @ 0.95 - didn't want to wait for it to go lower, since I feel like it will bounce back sooner.
Sentiment: Strong Buy
If Russia is turning off the spout for the European gas demand with that Ukraine dilemma, or increases the price - they will have to fire up, recertify ALL of their Nuke Power Generators and we could see higher demand for U-Fuel - remember Winter is coming!
I might sound optimistic but can see the $1.80 again?
Right now I got an order in for 10K @ $0.91 - will it go????
Haven't posted over here in a while, but I agree 100 percent. URZ is smoking attractive at these prices.
Sentiment: Strong Buy