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Uranium stuff


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#21 jmicou

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Posted 07 April 2006 - 07:13 AM

Doug, Really enjoyed your post. Thank you! regards, Johnny

#22 hiker

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Posted 07 April 2006 - 10:28 AM

you guys are too much! I am glad you have joined mss and me who have stopped pounding the table on uranium.....you are the table pounders now. :P I took FRG profits today...I'll give it some volume on continued up move. Some of the indicators at yesteday's close gave me a sign....this is my first exit in FRG ever, but no big deal...I will help the cause at higher prices than the historic high of 2 years. CCJ delayed Cigar Lake construction.

#23 jmicou

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Posted 07 April 2006 - 10:44 AM

hiker, Are you completely out of FRG? Let us know when you are reentering, please. regards, jmicou

#24 hiker

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Posted 07 April 2006 - 11:05 PM

J - no, I just took 30% off the table. Please do not rely on my signal re: FRG because I may be taking an extended period of time with a much curtailed analysis and trading committment...I have already cut back 40% since December on my time committment...and I have a team of folks taking care of my commodities trading. I will do what I can, but just wanted to let you know...You were a great help to me this week on the items we discussed, which I greatly appreciate. The AKAM signal worked out, tho' it may be only coincident with the move in the market. You hanging tough with CCJ after today's news about Cigar Lake? UEX next few weeks will be interesting...your original analysis may be proven correct...have a great weekend! thanks for the timely EBAY analysis which made sense...I'll try to thank you with some of the gems I come up with once in a while.

#25 PorkLoin

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Posted 11 April 2006 - 02:28 AM

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Didn't get to buy more at lower prices. :P


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Sweeet.


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This thing has got to take a break here.


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Goin' sideways. May not be ready to take a break just yet.


Doug

#26 PorkLoin

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Posted 18 April 2007 - 01:40 PM

Looking back a year ago, uranium oxide was about $41 per lb., now it's $113. A heck of a run. In this thread almost all the stocks had a great year except NWT. CCJ took a long time to get going due to its Cigar Lake mine flood. QUI.V and URN.V became part of EMC.TO, also now EMU on the NYSE. I added DIT.V to make the pictures work out even - it wasn't mentioned in the thread. I've been stopped out in it already, and think that most uranium stocks are now in corrective mode after last week.

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Most of the MACDs make me think we're into a correction of some weeks or months.


Best,

Doug

#27 SilentOne

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Posted 18 April 2007 - 05:21 PM

doug et al., Good God! I am envious!! :D cheers, john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain

#28 PorkLoin

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Posted 19 April 2007 - 09:43 AM

Thanks, John. I'm sort of in Never-Never land right now, wondering what comes next. If uranium oxide goes on up, then the party continues, IMO. If the price ever takes a step backwards, I bet that'd REALLY provoke a sell-off. Most of the stuff I follow in the U sector is already 10-20% off the recent highs. Very normal-looking correction, same as has so often been the case over the last few years, but one still wonders when the party will end for good. Some of the seriously junior explorers have already stopped me out (and may be close to bottoming/getting into another buying opportunity IMO). Beyond the spot price of U3O8, some producers have been locked into longer-term contracts where they're compelled to sell well below the current market price, and their production hasn't kept up so they've been forced to buy on the open market, above their contractual sales price. This will work itself out over time, and producers like Denison Mines will benefit from it. Denison, DML on the Toronto exchange, is supposed to start trading on the AMEX today as DNN. I've been looking for prices to go parabolic for some time, and.... maybe they already did. If so, then at the least giving more weight to actual producers and companies soon to produce will likely do better than going with the most speculative firms, wildcat explorers, etc. If the market is "maturing," etc., and blah blah blah.... I don't know what to do other than not try to get cute; keep my eyes on the charts. Best, Doug