Are you kidding me? Why isn't the sky red? They know perfectly well this Company is toast, why the heck would they waste any of the money they've taken from unsuspecting "investors" into this fraud?? Hmnn...I wonder why oh why aren't they buying their own shares roflmao???
You've just reinforced my point. Uranium prices barely moved over the past year even though the supply/demand dynamics have been similar to the oil situation, where the underlying asset dropped 70% in price. What does that tell you? Either oil prices move back up or uranium prices drop substantially to have a similar dynamic. But another argument: look at the long-term chart of uranium (spot price). Before the huge spike from 2005 to 2007, uranium stayed in the teens for over 20 years. Based on that long-term chart, spot prices are moving back down towards those levels.
What does more supply than demand tell you? Look at oil prices...down 70% from recent highs...why is uranium any different? Demand stagnant (just as in the oil market), while supply keeps increasing. Recipe for disaster from any econ 101 textbook.
If it really takes five years for the market equilibrium in uranium to arrive, then most of the junior miners will no longer be with us. Spot may drop into the teens, production costs for URG are close to $30, so when their contracts expire, they will no longer be able to produce uranium without burning lots of cash. Who in the world is going to subsidize them until spot moves back up? Current shareholders lol???
the articles in the past year stated opinions of way too much optimism, that the Japanese reactors would be back online much sooner than they actually will be. This is a brand new analysis looking at the situation today. Companies, such as URG, keep on minin', while the demand has not increased from anywhere recently...so the over-supply issues have worsened, and it is recent data. Plus, your articles from last year probably did not discuss the extra uranium coming into the markets from Iran after the deal agreement. Even more supply that was not accounted for before, while, like I said, the demand equation has hardly changed. Fitch may in fact be right, it might take 4-5 years for the situation to stabilize and spot prices actually moving upwards. By then, the likes of URG will likely be long gone, hence supply of uranium will not be a readily available as it is today...
"Uranium spot prices likely will remain under pressure for the rest of the decade because of high inventory levels, recycling of already-mined uranium and the slow restart of Japan's nuclear reactors, Fitch Ratings forecasts.
An extended period of oversupply has contributed to a major build-up in utilities' uranium stockpiles, with European utilities having enough fuel to last three years and Japanese utilities enough for 4-5 years, which will maintain pressure on prices as demand slowly recovers, Fitch says."
Cheers to everyone!!!!
you wont be taking any "profits" this year unless there is a huge oil spike followed by a big uranium move....keep on dreaming, but that is not reality. Reality is that oil will stay depressed, uranium will stay depressed, and URG will go much lower as corporate distress will begin to be priced in. Their long term hedges begin to wear off any way, and at $30 uranium these guys will not survive for too long. That is why they are raising money here: it is a pure sign of desperation nothing more. Yet, of course, disillusioned investors will begin to discuss "growth" and other similar non-sense to comfort themselves with this losing "investment" (this is a classic falling in love with, and an attachment to your investment as they often discuss in psychology)...this is, btw, after management PROMISED investors on every earnings call that they will not have to issue more shares and dilute the shareholders...good stuff, the writing is all on the wall. Cheers!
are you seriously using "forward estimates" brought to you by sold out, worthless dirty salesmen called sell side analysts?? Unreal...
How you likin' the market close to all time highs bro? You can thank the black President for that...oh yea and, btw, how ya likin' the unemployment rate at 5%, low gas prices, 20 million more people that won't die like stray dogs without health insurance if they get sick? Where do f in idiots like you even come from?? YOU'RE the ILL of this country and the real POS that needs to learn their lesson...sorry for the brutal truth, but I just had to respond to your idiotic attack on one of the best Presidents this country has ever seen...cheers!
Yes they will definitely create value. In their personal bank accounts, by giving themselves nice annual salaries and bonuses from the SDOI cash fund. It is there to be taken after all, so why not right lol?? A nice little charity fund created here for the "chosen ones", I must admit...
not sure what you're babbling about you can check my id I have been posting on these finance message boards since 2003 or so...Looks like your conspiracy theories are just as accurate as your stock picking capabilities roflmao!!! Keep buying bro...you'll probably be buying all the way to zero over the next five years...but don't worry about it, this is capitalism and redistribution of wealth at work lol!!!
stock about to test the lows...enjoy!!! I did not recommend anything as it relates to this stock, I just said it was headed lower when you and a few other bright ones with high IQ's were pumping it and saying it is headed to $1...high IQ's did not work out too well this time lol. Who knows, it might trade below $0.20 later this year or even next...cheers!!!
who cares when U prices keep going lower and lower? New lows on the stock coming soon to a theater near you....cheers!!!
a 20% drop in oil prices corresponds to a 1% increase of cars on the road in the US...in other words the effect of lower gas prices is completely negligible. Check the facts before writing misleading info, please. Cheers!
Sucks to be right in this case, but the $0.60 is broken and it looks like it is now headed much lower...may be even a re test of the lows...cheers!!
55% success rate for a sell side analyst is an absolutely INCREDIBLE performance, this guy must be one of the best in the business!!! I know since I used to be one...most of their recs will LOSE you money...cheers!
Or the other scenario is that this little jr player catches up to the rest and falls back in the $0.40's instead of the scenario you have outlined...flip a coin on that one. However, I hope you are right, but I wouldn't get too excited about a rebound yet. We need to see a meaningful rebound in uranium pricing in order for this little guy to move back towards the $1 mark. I am not sure if there are any immediate catalysts in the uranium market to make this happen, but I hope something unexpected (and positive) comes up soon...
Is this what your crystal balls says lol? Based on what, I wonder? The continuous daily oversupply relative to demand continues, the overall over supply is building larger and larger with no end in sight...what exactly has changed in order for you to call a bottom? My crystal ball says we will see low $20's over the next six months and oil will begin to move back up when a large wave of bankruptcies hits the shale market here in the US in second half of 16....
The market will be "down" when S&P is back to 1500 and W trades at $15, which will be in 6-12 months. That is when what you're saying is a real possibility, definitely not before then. Cheers!