DNN & UEC diluted ........next URG on the cards .........I think we will see 50's if that is the case. I would be in no rush to buy. Even if Japan restarts I really doubt this will go beyond 1...........if you are ok holding this till 2017 then it might be worth buying on the dips else I would stay away.
( My position is really small and but I watch this as I am more into commodity related stocks)
hopefully Dev - I being long will never want it to go that low but well things have not being going well with URG pps.
On another note : do you really think Japan will restart in aug? going by the past wont the people find a way to stop the restarts? what makes you think people wont go to court?
Last few days I can see brisk trading in URG and unfortunately volumes picked and price is down......some news is about to come out......bid for a $1? they can claim "20% premium" over current market price....
verdict in 2016 and yes they can appeal. But I dont think they will go that route.
I have a feeling they will reach a settlement with cra which is why they did the shelf registration.
Yes when japan restarts this will be an easy 20 to 22.....
Ev - I track CCJ
2 things to remember before u invest in CCJ
a) CRA ( aka IRS of US) is behind them for back taxes. If they loose the case they need to pay billion or so in back taxes. ( dont remember the exact number)
b) they have filed for shelf registration - dont know for what. bond offering if they loose the case is the rumours.
It trades heavily in Toronto meaning US stock will track TSX & FX ......so u need to factor fx movement too if u are investing on the US side.....
clean balance sheet good future only issues are the above two factors.
we will see who is clueless.............last 2 days it was sold heavily.......volumes picked up but price was down..........
why is this trading at 82 cents ?? do you have any clue?? you too are clueless Jetty .........
( I do respect your knowledge but trading wise almost all your calls have been incorrect for the last one year)
good post Ben...........
I have been around for over a year now and these are my observations:
1. King & Dev are one and the same guy. earlier King used to be active and Dev never used to post then it got reversed. Their writing style is the same. King vanished because he bashed URG about a dilution last december but that never happened and so comes Dev who is now long URG and is a big supporter.
2. Jetty ( & Dev ) - have good U knowledge but as far as investing goes they have no clue. It is like any analyst out there on wall street .......accuracy of forecasts is horrible. Even now they think reactors will start in august .....poor guys.....knowing japan it aint happening until next year.......they will find some last minute way to delay it.
3. Over the long term U is great - what is long term here? 5 yrs ? 10 yrs? Both Jetty and Dev sound it is august...........but the reality is nobody knows the ans.It is like throwing dart..........to make things worse we are at a market top......any minute there is going to be a correction and if that is the case we will see 40's on URG.
Anybody who invests in U reading the message board is the biggest fool in the investing world as most folks here are biased.
they took the stock from 1 to 3 .......suckers bought in and then they diluted........... at $2
That is the reason why we are down on urg for the last few days ...dilution fear......
too early to say it wont hit 80 cents ...........had it been in 90's it would be safe to say it wont go to 80 cents...........
gotta - dont we all know that when the tide is in favor for U this is an easy $2 to $3 stock. These so called experts keeping saying that which we all know....you dont need to be an expert to do that forecast.
The question is when is the tide going to be in favor of U? ( Ans: nobody knows.....)