Energy - smartinvestment.ca

rogerklam · Posted: Wed Mar 04, 2015 12:26 pm Post subject:

NAV $6.27 as of 28th Feb. Trading at 10%+ discount.
http://www.stockwatch.com/News.....p;region=C

rogerklam · Posted: Sat Feb 21, 2015 8:24 pm Post subject:

http://uraniuminvestingnews.co.....price.html

mjolson · Joined: 15 Jan 2008 Posts: 77

I took a punt on energy fuels around 5 bucks. Think its time for uranium to run. Gold is also getting oversold. When it starts to bounce i think uranium will catch the bid hard given the news out of japan.

rogerklam · Posted: Sun Feb 08, 2015 9:12 pm Post subject:

http://www.wsj.com/articles/ur.....1423421905

rogerklam · Posted: Fri Feb 06, 2015 8:20 pm Post subject: DML.TO, FCU.TO,URE.TO,U.TO

Raymond James Analyst's Four Top Picks for the Coming Uranium Upswing
http://www.theenergyreport.com/pub/na/16499

rogerklam · Posted: Thu Feb 05, 2015 5:17 pm Post subject:

NAV is $6.07 31st Jan 2015.
http://www.stockwatch.com/News.....p;region=C

rogerklam · Posted: Tue Jan 13, 2015 12:29 pm Post subject:

Hugh vol today
NAV 7th Jan is $5.39 and now trading $5.31

Bobwins · Joined: 05 Feb 2007 Posts: 1227 Location: Seattle, Wa

U308 continues to rally as short term supplies seem to be drying up a bit.

2 japanese nukes to restart in early 2015. Rally from $28/lb in July to current $44 has been very steep but price is still low compared to contract prices, where most of the U308 changes hands.

Bobwins · Joined: 05 Feb 2007 Posts: 1227 Location: Seattle, Wa

Yes, Virginia it's true.

URA near term low on 11/4 was 11.18. Today it's 13.69. spot uranium is rallying after Japanese decision. Restart won't be until 2015 but there's hope.

steelpiston71 · Posted: Fri Nov 07, 2014 1:43 pm Post subject:

TOKYO — Japan moved closer to reviving part of its moribund nuclear power industry on Friday, as a regional government gave its consent to restarting two reactors at a plant in its territory — one of a dozen facilities nationwide waiting to be switched back on following the Fukushima disaster three and a half years ago.

steelpiston71 · Posted: Fri Oct 24, 2014 10:17 am Post subject:

VANCOUVER, Oct. 23, 2014 /CNW/ - Uracan Resources Ltd. ("Uracan" or the "Company") announces a non-brokered private placement (subject to regulatory approval) of up to 15,000,000 flow through shares at a price of $0.06 per share for gross proceeds of $900,000. A minimum of $200,000 of shares will be purchased by insiders. Finder's fees on the gross proceeds of the offering may be paid. Proceeds will be used to continue exploration and development of the Company's Clearwater and Black Lake properties located in the Athabasca basin region of Saskatchewan. Both properties have drilling equipment on them and are fully permitted for diamond drilling.

Bobwins · Joined: 05 Feb 2007 Posts: 1227 Location: Seattle, Wa

+2.50 to $36.50.

Bottom was $28. Strike at Cameco is contributing to the rise in prices. Eventually US utilities will have to secure supplies before spot price gets too much higher. Japanese surplus will overhang the market for awhile but fundamentals should turn positive as Japan restarts more nuke plants and China secures supplies for their growing fleet.

steelpiston71 · Posted: Wed Sep 03, 2014 12:33 pm Post subject:

Uracan and Forum Uranium Sign Definitive Option Agreement on Clearwater Property in Patterson Lake South Area

Vancouver, Canada (August 27, 2014) - Forum Uranium Corp. (TSX.V:FDC; OTC:FDCFF) ("Forum") is pleased to announce that, further to the July 8th 2014 news release, it has signed an definitive Option Agreement with Uracan Resources Ltd. (TSX.V:URC; OTC:URCFF) ("Uracan"), whereby Uracan can earn up to a 70% interest in Forum's Clearwater Project in northern Saskatchewan. Forum is the 100% owner of the Clearwater Project.

The companies are in the midst of planning a late summer/early fall exploration drill program on the Project to further test the potential for basement hosted uranium mineralization similar to that seen on Fission Uranium's adjacent Patterson Lake South Property. The Clearwater Project covers a total of 9,912 hectares adjacent to the south-western edge of the prolific Athabasca Basin. The property adjoins Fission Uranium's Patterson Lake South claims on the south-west side and Nexgen Energy's Rook 1 Property to the northeast.

The Clearwater Project is underlain by a mix of pelitic to psammitic metasediments that overlie older Archean gneisses. Graphitic horizons are typically present at the contact between the two and are a target for drilling, especially in areas where there are cross-cutting structures. Several SSW trending electromagnetic (EM) conductors cross from Fission's claim group onto the Clearwater Project.

To date, Forum has carried out exploration work consisting of prospecting, soil and lake radon surveys, lake sediment sampling, airborne EM, magnetic and radiometric surveys, and ground gravity and EM surveys. An initial nine hole, 2,310 metre drill program was completed by Forum in April 2014. This drilling has shown that a number of targets are altered and reactivated graphite bearing structures with elevated boron and nickel geochemistry.

In order for Uracan to earn a 51% interest in the property it must incur a total of $3.0 million in exploration expenditures over 3 years as follows:

1) Issue a total of 300,000 shares and 150,000 warrants of Uracan to Forum on signing a definitive agreement,, subject to regulatory approval. The warrants will be exercisable at a price of $0.15 per share for a term of 18 months.

2) Commit exploration expenditures of $0.5 million in year one (firm commitment),

3) Complete exploration expenditures of $1.0 million in year two, at which point Uracan will have earned a 25% interest,

4) Complete exploration expenditures of $1.5 million in year three to earn a 51% interest.

Uracan can elect to earn an additional 19% interest in the Clearwater Project (total 70% interest) by making an additional $3 million in exploration expenditures within a two year period following the date it earns its 51% interest. Uracan will also grant Forum a 2% NSR Royalty on the property, with Uracan having the option to purchase 1% of the NSR for $1.0 million.

Uracan will fund all exploration work until the earn-in option has been completed, after which further work will be funded by the Joint Venture partners. Forum will be the Project operator until Uracan earns its 51% interest, after which Uracan may elect to become the operator.

Ken Wheatley, P.Geo. (Saskatchewan/Nunavut), Forum's Vice President, Exploration is the Qualified Person that has reviewed and approved the contents of this news release.

mjolson · Joined: 15 Jan 2008 Posts: 77

Nexgen is up 26% today on results. Getting expensive 84 million market cap.

mjolson · Joined: 15 Jan 2008 Posts: 77

Any opinions on nexgen? Getting back up to the top of their range. Have a 6000 meter drill program they started this year. And they've had results.