I also read about 40 years ago that there is 20 tons of gold in every cubic mile of sea water and it was just a matter of time before it could be economically extracted and put land mining out of business. Gold was $100 an oz. Now gold is $1300 an oz and still no gold from sea water.
The main point of this is that the argument that uranium is a finite resource is pretty much out the window if you consider the uranium in the sea. So consider it a positive for CCJ not a negative since yes at $100/lb perhaps but here forget it.
..., by James Conca, on nearing economic viability for extracting uranium from seawater - perpetually. According to the article, the US DOE is in the lead over research programs of Japan & China.
Any truth to it? I have been waiting for an entry point in CCJ, but this gives me pause.
Sounds like feli_finance caught the blue.berry virus...
Sentiment: Strong Buy
From last Qtr ,revenue was $400 millions from previous $560...and the worst is comming ,cause spot market has beeen awful just recently...dire...maybe you are right ,I shouldn`t use this adjetive...but if spot market keeps so low for next year ...they will have a terrible situation ,which they can afford for ..who knows what term.What about covenants...these canadian entities OVERVALUE what is underground ..so don`t trust those huge numbers...Yes ,I have short it...just in case.Feliz afternoon
A dire situation is total nonsense. Cameco can open the spigots faster and cheaper than all. They'll make more money next year than this year and they are doing it while U is in the dumpster. Shorting makes no sense to me.
Short it then or buy puts. You could get killed IM not so HO but that's what makes a market.
operational margin...this baby is going down..no doubt!!!Will take IMHO,ONLY... start of Japan`s reactors,,which as I posted ,I see it very doubtful...for next months...some will get hurt!!!
The trial is a few months off and no settlement. Pressure is on the CRA not to settle. U price is languishing. I have no idea where support is. I'd be a buyer under $10 and take my chances.
that CCJ prices it long term sales..it has commit a grave mistake, an awful deal..they will be in`a dire situation with low spot values for this and next year...IMHO.
that bigger ships will load LNG from USA to them...still they are counting with cheap nat. gas...plus the brexit news-made it worst- made the YEN stronger currency...no need to start nuclear generation due to high electric bills for their industry as I tought a few days ago ..a double shaft to CCJ!!!
It pretty much looks like the sentiment for nuclear power and uranium prices. Honestly that seems to pretty much cover it, the tax situation or anything else doesn't seem to be necessary.
have,the same... huge stockpiles...years before ,it gets over...IMHO....Two or three years down the road....this baby will suffer badly !!!
pretty simple to figure that out.....no analyst will tell you about the tax issue...as the verdict approaches stock is reacting.....hope u know about the CRA tax issue.....until then stock will keep sliding...good company though.......I can see this at 8 in a few months time.......
theworlld shun nuclear now