Search
Related Links

 

 

Informative Articles

Buy and Hold Investment Strategy
Buy and Hold Investment Strategy "Buy and hold" is one of the most heralded investment strategies promoted today. "Buy and hold" is also one of the few investment methods where you are guaranteed to lose money 2 out...

Connecting With Your Unclaimed Money
Unless you won the lottery this week you would probably be excited to find money owed to you. Unclaimed money and property in excess of $25 Billion is being held by the government and is just waiting to be claimed. You may be thinking, 'I...

Financial Planning for Singles
Financial planning often gets a bad rap. Part of the problem is self-inflicted, since some industry participants would rather sell you a product than address your financial concerns. The process of planning is important, though, whether done with a...

Forex Trading: Create Fantastic Wealth From Forex Trading
What is currency trading? How can you get rich and powerful from currency trading? Who can do currency trading? Can you do currency trading from any country of the world? Until six years ago, when the United States Congress passed a law and...

Risk and Reward
If you are doing your own investing in the stock market, what would be the first question you would ask yourself before you make any trade or investment? If your answer is how fundamentally sound the stock is, or whether the stock just broke...

 
Investors Chasing Uranium Mining Stocks, Again: A Favorite Emerges

Fifty years ago, uranium fever hit Wall Street. It was then just a few years after a Navajo shepherd in New Mexico, by the name of Paddy Martinez, discovered "yellow rocks" on his property, mistaking them at first for gold. An avalanche of 1950s dollars (more valuable than the ones we have today) poured into mutual funds and uranium mining stocks, sending their values to astronomical levels. Get ready for déjà vu all over again, as Yogi Berra once said. Trend spotter, James Dines, editor of The Dines Letter, believes uranium mining stocks could become just as hot, or hotter, than the Internet stocks of the 1990s. (Editor's note: StockInterview.com interviewed James Dines on July 20, 2004, when he forecast a "buying panic in uranium." Since then, spot uranium (U3 08) prices have nearly doubled. Over the past 35 years, Dines has successfully predicted mega trends in gold, internet, palladium and uranium price movements). And now investors are chasing uranium mining stocks again.

A look at industry leader, Cameco (NYSE: CCJ), which money manager Robert Mitchell called the "Saudi Arabia of uranium," shows a three-year gain of more than 700 percent. Over the past few years, Australian-traded Paladin Resources, skyrocketed from under a dime to over $2/share (A$). A recent Forbes magazine cover story, entitled Going Nuclear, analyzed uranium's recent price surge, "One reason the price of uranium should keep escalating is that producers are only starting to ramp up to meet the strong demand. Utilities globally need 180 million pounds of uranium annually, but at this point a mere 108 million pounds are coming out of the ground."

Why the sudden jump? A Morgan Stanley institutional report, published in December 2004, explained that through the 1990s, uranium oxide prices stayed low because surplus uranium came into the market from weapons decommissioning. That surplus inventory worked its way through the market. The Morgan Stanley analyst forecast a "deep supply-side shortage" of uranium, citing that new mining production hasn't yet come online to remedy the deficit. In the year-ago forecast, the uranium deficit was expected to grow to nearly 20 million pounds this year (from a surplus of 6 million pounds in 2003), and then leap to a peak deficit of more than 35 million pounds in 2006. Deficits in excess of 30 million pounds were also anticipated for 2007 and 2008. According to the Morgan Stanley analyst, $50/pound may be possible in the spot price for uranium oxide, known in the trade as "yellowcake."

Mining Newsletters Favor Strathmore Minerals

What's that mean for uranium stocks? Higher prices should be anticipated as more investors, mutual funds and hedge funds search out the best returns. While the lion's share of investment dollars is likely to chase Cameco's price higher, the robust percentage gains in that stock may have already peaked. Generally, new money searches for well-capitalized junior mining stocks with solid uranium projects in their portfolio. One of those most frequently recommended among mining newsletter writers is Strathmore Minerals Corp, trading on the Toronto Venture Exchange (ticker symbol STM.V). Prominent among Strathmore's projects are in-situ leach mining operations proposed for Wyoming and New Mexico, plus an aggressive exploration program in the world's richest uranium areas, Saskatchewan's Athabasca Basin (home to uranium mining giant, Cameco).

In September, letter writer Lawrence Roulston of Resource Opportunities recommended Canadian-based Strathmore Minerals (TSX-V: STM), writing, "The company is systematically adding value to the projects most likely to be significant in the near term, especially those with near-term production potential." Also in September, Resource World contributing editor, Alf Stewart, wrote, "The two deposits Strathmore is developing were 'cherry picked' from the inventory of Kerr McGee, largest private explorer of uranium prior to that industry grinding to a halt in the early 1980s. As these properties are largely drilled off, Strathmore may be considered more of a uranium development company than an explorer." This past June, money manager Adrian Day recommended uranium stocks in his research report, writing, "So I am focusing on four main areas in uranium, with one or two buys in each... top exploration companies that have the goods and are likely to bring properties into production. Strathmore Minerals, with technically strong management, lots of properties, and a strong balance sheet, is arguably the best."

New Uranium Discovery in the Athabasca Basin?

Here's one of the stronger reasons why investors might anticipate a strong rally in Strathmore's share price over the coming twelve months: In a November 16th news release (http ://biz.yahoo.com/bw/051116/20051116005591.html?.v=1), Strathmore Minerals announced a discrete conductor, more than 30 miles long, after completing an airborne geophysical survey on the company's Davy Lake property, in the north central portion of the Athabasca


Basin. According to the company's news release, "The conductor's profile response indicates a deep and in places, broad source."

Virtually all the significant unconformity uranium deposits known in the Athabasca Basin are directly associated with fault structures associated with graphitic conductors. Deposits such as Key Lake, Cigar Lake and McArthur River were found by drilling electromagnetic conductors located within magnetic lows.

In an interview with Jody Dahrouge, of Edmonton-based Dahrouge Geological Consulting Ltd, he told StockInterview.com, "Early indications are that this conductor is similar with other known uranium deposits, graphitic conductors with magnetic lows." On a scale of one to ten, Dahrouge rated the Davy Lake conductor a ten. "It is a long conductor, cut by structures, with deep depth and associated by a late fault," explained Dahrouge. "It is a high quality conductor that continues to depth, and it is typical of those occurring that are associated with known uranium deposits." Dahrouge described how the MegaTem II airborne geophysical survey was able to pinpoint the conductor as shallow as 600 meters and running deep to 1200 meters. Dahrouge made comparisons to other uranium deposits in the Athabasca Basin. "The Sue Deposit near McLean Lake is associated with an electromagnetic conductor that is approximately 2.6 kilometers long," he said. "Based on our work at Waterbury Lake, we identified an 8 kilometers long conductor associated with the Midwest Deposit(s). The 'P2' conductor at McArthur River is approximately 13 kilometers long. This feature was first identified in 1984, by a ground Deep EM Survey. The Shea Creek deposits, located south of Cluff Lake, are associated with an approximately 25 kilometers long conductor, known as the Saskatoon Lake Conductor." Dahrouge added, "These deposits are located at depths similar to what we expect at Davy Lake."

What is probably most significant is Strathmore's gamble, by exploring away from the eastern parts of the Athabasca Basin, some 300 kilometers from the eastern Athabasca Basin, where the major discoveries have been made. "It was virtually unexplored," Dahrouge said with excitement in his voice. "It's really virgin ground." While there is ample evidence suggesting multiple uranium deposits in the Athabasca Basin, other junior exploration companies are looking at the shallow parts of the eastern basin, which may not likely yield economic uranium ore. One pundit acidly questioned some of the current exploration activity in the Athabasca region, "Are they really re-flying old ground that's already been flown a hundred times, or are they just releasing old data to save money?" Dahrouge pointed out that the uranium appears to be running deeper for many of the newer discoveries, as he believes the Davy Lake property might hold true for Strathmore Minerals in the north central part of the Athabasca Basin.

Important features in many Athabascan uranium deposits are the cross-cutting fault zones. Dahrouge confirmed the Davy Lake conductor has cross-cutting fault zones with a sinistral (left-sided) fault about halfway along its length. According to Dahrouge, there is also a "conductor extension which crosses the fault from west to east and 'flows' out into a small, sub-circular magnetic low." As with many of the Athabascan uranium deposits, which tend to be found between overlying sedimentary units and underlying basement rocks, the Davy Lake conductor fits the bill. Strathmore Mineral's president, David Miller, told StockInterview.com, "the 50-plus kilometer geophysical anomaly appears to indicate a basement conductor." However, Mr. Miller tempered the exhilaration in the air, "A geophysical anomaly does not make an ore body. These exciting initial results will be followed up with infill geophysical lines, followed by ground geophysics, followed by shallow drilling, looking for alteration. When we have narrowed the target to drill, we will pull in the big rigs and test the conductor at the unconformity." Dahrouge remains excited about the Davy Lake conductor, and said, "Clearly this represents an excellent exploration target for unconformity type uranium deposits.

What does all that mean? It could explain why Strathmore Minerals might well be on the road to a world-class uranium discovery as further exploration more clearly defines how valuable those newly discovered conductors might become. Meanwhile, Strathmore's New Mexico and Wyoming properties (amounting to potentially several million pounds of uranium resource) are in the preparatory phase of the permitting process. As the spot uranium price inches forward to the widely accepted short-term target above $40/pound, several of Strathmore Mineral's properties may become instantly more valuable to a utility company who will someday need the company's uranium oxide to fuel their nuclear reactor.

About the author:

James Finch regularly contributes to StockInterview.com, which is found at http://www.stockinterview.com. Mr. Finch holds no equity positions in any of the stocks featured in his articles.

 

Morningstar: Stocks, Mutual Funds, and Investing
Offers investment research. Covers stocks, funds and college savings plans.
www.morningstar.com
 
StockSmart - Putting the Individual Investor Ahead
StockSmart putting individual investors ahead with research that allows individuals to easily compare industry competitors. Take stock quotes to the next ...
www.stocksmart.com
 
Finance - Stocks-Mutual-Funds Ezine Articles
EzineArticles.com allows ezine or email list publishers to upload or download free expert content that can be used within email newsletters or websites.
ezinearticles.com
 
Finance: Stocks Mutual Funds Articles from EzineArticles.com
http://ezinearticles.com/?cat=Finance:Stocks-Mutual-Funds Free Content For Your Ezine or Website http://creativecommons.org/licenses/by-nc-nd/2.0/ Having a ...
ezinearticles.com
 
NewsIsFree: USATODAY.com: Stocks/Mutual Funds: Information About ...
USATODAY.com: Stocks/Mutual Funds · Original XML Source Money Classifieds - Stocks/Mutual Funds Copyright 2011, USATODAY.com, USA TODAY ...
www.newsisfree.com
 
Online Giving - Campus Crusade for Christ International
Credit Card by Mail or Phone. Other Ways to Give. Non-Cash Gifts: Stocks, Mutual Funds, & Property Gifts · Planned Giving: Wills, Trusts & Annuities ...
https:
 
New way to watch stocks, mutual funds & 401k at office. Free ...
Excel workbook for stocks and mutual funds. Download quotes directly from Internet.
www.esquotes.com
 
News From The Associated Press
Copyright 2005 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Comments and questions.
customwire.ap.org
 
Google Finance Launches : Track Stocks, Mutual Funds & Companies
Google Finance offers an easier way to search for stocks, mutual funds, public and private companies. Further, Google Finance also offers a broad range of ...
www.quickonlinetips.com
 
Yahoo! Answers - Individual stocks, mutual funds, and ETFs?
2 answers - what are the difference between individual stocks , mutual funds and ETFs? which one is better for investment ?
answers.yahoo.com
 
Petition Spot :: View Forum - Investing: Stocks, Mutual Funds
Investing: Stocks, Mutual Funds Moderators: None Users browsing this forum: None, Goto page. Post new topic · Petition Spot Forum Index->Investing: Stocks, ...
www.petitionspot.com
 
Donate Stocks/Mutual Funds/Bonds: Beth Israel Deaconess Medical ...
Subordinate Link Selected Link (Level 3): Donate Stocks/Mutual Funds/Bonds · Subordinate Link Donate by Telephone · Subordinate Link Employee Giving ...
www.bidmc.harvard.edu
 
Gifts of Stocks/Mutual Funds/Bonds: Beth Israel Deaconess Medical ...
Subordinate Link Selected Link (Level 3): Gifts of Stocks/Mutual Funds/Bonds · Subordinate Link Donate By Telephone or Mail ...
www.bidmc.harvard.edu
 
U.S. stocks - mutual funds that invest in American companies ...
US stocks - mutual funds that invest in American companies from Kiplingers Personal Finance Magazine in Business & Finance provided free by LookSmart Find ...
www.findarticles.com
 
Investment capsule: - stocks, mutual funds and fixed income Money ...
Investment capsule: - stocks, mutual funds and fixed income from Money Digest in Business & Finance provided free by LookSmart Find Articles.
www.findarticles.com
 
stocks mutual funds invest free stock quotes stock picks investing ...
Free short term stock picks. Buy, sell and hold recommendations. Stock market, financial investments, quotes, mutual funds.
home.flash.net
 
Stocks/Mutual Funds - Gospel for Asia
14500 native missionaries already serve and plant over 10 churches daily. Help sponsor a native missionary for $30 per month. 100% goes directly to the ...
www.gfa.org
 
Keeping Good Records: Stocks, Mutual Funds, and Bond Investing
Keeping Good Records: Stocks, Mutual Funds, and Bond Investing.
taxes.about.com
 
Online Trading at Fidelity- Stocks, mutual funds, ETFs, options ...
With Fidelity online trading, you get low commissions, trading tools, and a range of investment options.
https:
 
Articles for Reprint - Stocks-Mutual-Funds
Stocks-Mutual-Funds. Personal-Finance · Currency-Trading ... By Sachin A | On June 1, 2006 | In Stocks-Mutual-Funds | Rated. Full Article · Print Article ...
www.articles-hub.com
 
 

 

Content Menu
  • 10 tips for creating wealth in the stock market

  • 10 tips fro creating wealth from the stock market

  • 3 sure ways to trump your investing fears

  • 401 k plans

  • 401 k plans 2

  • 403 b plans wave of future for many workers

  • 5 things to know about the stock market

  • 7 myths about real estate investing that are costing you tens of thousands of dollars

  • 7 simples steps to financial freedom and wealth building step 2

  • 7 ways to get financing for your home business

  • achieve financial freedom using the power of compound interest

  • advantages and disadvantages of mutual funds

  • all about stock market

  • alternative retirement income options in 2005

  • americans face serious risk for outliving their retirement savings

  • are social security private accounts a good deal or raw deal for african americans

  • are you financially fit

  • asset classes guide

  • avoiding double taxation

  • a guide to investing

  • a new look at labor day

  • a remake of the sting the modern day mutual fund

  • a roadmap to your true financial independence part 1 generating a passive income for yourself

  • a roth ira is it for you

  • a safe harbor for mutual fund pirates

  • a sucker born every minute

  • basics of stock market

  • best small investment ever

  • best stock market simulation games

  • brain dead mutual fund selection

  • building success and prosperity exactly

  • building the foundation for wealth

  • buy and hold how to perpetuate your investment losses

  • buy and hold investment strategy

  • buy sell or hold

  • can you afford not to look after your personal finances

  • characteristics of successful investors

  • choosing the right financial planner

  • college savings plans are they the best choice for my child

  • connecting with your unclaimed money

  • contrarian strategies selecting small capitalization stocks

  • currency trading getting wealthy from currency trading program

  • dealing with market corrections ten dos and donts

  • different kinds of investments

  • different types of mutual funds

  • discover the foundation of retiring wealthythe ira

  • does your life include a ripe plan planning tips for retirement investing protection and estate planning part 2 investing

  • dont let mutual fund names fool you out of your retirement

  • dos and donts student loans

  • do lifestyle funds provide greater security

  • economic survival in the 21st century the three key questions to ask

  • exchange traded funds

  • exchange traded funds 7 reasons they beat most mutual funds

  • exchange traded funds are good for investors

  • exchange traded funds primer

  • finance tips

  • financial planning for singles

  • financial planning software retirement calculations

  • forex trading create fantastic wealth from forex trading

  • forex trading how to create fantastic wealth from forex trading

  • forex trading investment secret of the rich and powerful

  • frog in the pot

  • frog is in the pot

  • fundamental analysis

  • funding your retirement the 401k and 403b way

  • getting acquainted with the stock market trading system

  • getting started with online investing

  • glide into tax season with solid financial planning

  • going against the conventional investment wisdom

  • greed hits the mailbox

  • halliburton under fire

  • halliburton under fire for operations in iran

  • health insurance for the self employed protecting your businesss greatest asset

  • health insurance for the self employed protecting your business s greatest asset

  • hedge funds the good the bad and the ugly

  • hedge fund 101 make money with hedge funds

  • home based business opportunity secrets of success in home based business opportunity exposed

  • hot tips for retirement savings

  • how can you make your restaurant a successful venture

  • how creditors measure your credit rating

  • how do you rank in the investing hierarchy

  • how the insiders have stolen your retirement the 401 k

  • how to avoid dumb investment mistakes

  • how to be a forbes 400 billionaire by investing in only one stock

  • how to find an investment advisor

  • how to invest wisely and make your money grow

  • how to invest your money

  • how to make your raise really pay

  • how to maximize your 401k mutual fund returns

  • how to pick a profitable mutual fund

  • how to save money by spending wisely

  • how we eluded the bear in 2000

  • how we eluded the bear of 2000

  • how you can simply outperform mutual funds

  • income investing selecting the right stuff

  • index

  • index funds are they right for you

  • index investing going by the numbers

  • inflation proof your investment portfolio with etfs

  • investigate your investments

  • investing in stocks and shares

  • investing in the stock market 9 power packed tips

  • investing its a whole new language

  • investing online day traders and others

  • investing psychology know thyself

  • investing stock market abcs

  • investing the art of making your money work for you

  • investments short term or long term

  • investorideas com presents the insiders corner from michael brush six months to make a mayor proud a six month market performance review of his insider reports and analysis

  • investors avoid these 5 common tax mistakes

  • investors chasing uranium mining stocks again a favorite emerges

  • investors lose buying market leaders stop chasing performance

  • investor guide to financial health

  • is it time to hang up on investments in wireless

  • is your mutual fund the right one for you

  • its stocks not markets that bring investment success

  • keep your investment profits

  • learn how to trade stock properly

  • lobster trapping for investment ideas

  • making money in real estate tax lien investing tips and risks

  • making outsized returns in the stock market using the dow theory

  • market timing facts vs market timing fiction

  • microsoft money investment recordkeeping tricks

  • mid cap stocks asset class with an identity crises

  • money making ways smart thinking and investing

  • mutual funds snare the public in a hidden tax trap

  • mutual funds the modern den of theives

  • mutual fund performance and why there are no dice counters in vegas

  • mutual fund stupidity

  • mutual fund versus stocks

  • new years resolutions for stock market investors

  • no load mutual funds boost your portfolios returns

  • no load mutual funds investment hype vs investment help

  • no load mutual funds or exchange traded funds etfs

  • of stocks stockholders and stock market

  • online banking are you ready for it

  • online banking where do you start

  • online investing and trading discussions at www streetplayer com

  • online investing the road to a fortune or to ruin

  • online trading 7 success secrets

  • optimize portfolio performance with equity styles

  • organizing your finances show me my money what youre worth or net worth

  • organizing your finances show me my money what you re worth or net worth

  • parachute investing

  • penny stock strategies

  • personal finance 101

  • personal finance worries

  • peter scannell market timing whistle blower

  • playing the high stakes biotech game

  • portfolio insurance

  • pre qualify for a stated income or no doc mortgage

  • quicken investment recordkeeping tricks

  • raising money

  • real estate problem solver

  • rebuild your investment portfolio today

  • renewableenergystocks com announces celebrated environmentalist to present at bioneers by the bay connecting for change hosted by non profit featured company marion institute

  • retirement in the new age

  • return on investment guidelines

  • risk and reward

  • risk and reward investing

  • rotator

  • sanity check buying a business

  • santa claus rally is a year end stock recovery coming to town

  • secrets behind interest only loans lower payments but are they right for you

  • secret fees make mutual funds billions at your expense

  • sensex hits record highs slowdown approaches but opportunities still abound

  • services for retirement planning

  • setting financial goals part 2

  • seven investment terms everyone should know

  • should you get out

  • simple retirement plans

  • simple strategies to making financial gain

  • six things to do in a high risk market

  • small cap stocks the beginning of the journey

  • small cap stock trading

  • socially responsible investing

  • start taking the headaches out of your finances with this do it yourself financial plan

  • staying safe in a high risk market

  • stocks for christmas gee thanks mom

  • stock indexes the inside story

  • stock market diversification

  • stock trading with an offshore brokerage account

  • stop loss order methods

  • tax reform my way

  • ten new investment concepts the time has come

  • there are several factors an investor in the stock market should consider

  • the 11 best money saving ideas of all time part 4

  • the 401 k how the insider has stolen your retirement

  • the best of stock market simulation games

  • the big lie what wall street does not want you to know

  • the big secret the mutual funds dont want you to know indexing

  • the conflict of interest game

  • the convertible craze brightens the future of equities

  • the cost of green eggs and ham

  • the danger of buying shares

  • the difference between investing and trading

  • the exclusive club of large caps

  • the great stock market secret

  • the nasty truth about mutual funds investing

  • the overlooked stock market miracle

  • the psychology of markets

  • the securities investor protection corporation sipc

  • the shadow

  • the starting point for new investors

  • the worst stock market you can make

  • thomas edison and the stock market

  • three reasons to start derivatives trading

  • three steps to stock picking success

  • timing market turns 2006 the markets through april 2006

  • tips for investing

  • top investments and stock picks for 2006

  • two for the money

  • understanding 401k plans

  • upcoming homelanddefensestocks com homeland security stocks and industry online conference april 6th 2005 tracking trends in spending and technology additions include terrorism analyst roger cressey

  • using an llc to protect your wealth

  • using sector funds to construct diversified mutual fund portfolios

  • vix and the psychology of markets

  • wayne rogers from actor to super investor

  • wealthy people became rich thanks to their assets

  • what is an option

  • what is a company

  • what is a mutual fund

  • what is life insurance

  • what is one of the worst stock market investments you can make

  • what the sec really thinks about mutual funds

  • when borrowing money is profitable

  • where to invest your money

  • why invest in the stock market

  • why now could be the best time to make money on the stock market

  • why should i use penny shares to build wealth

  • why your mutual fund doesnt return as much as you think

  • why you need to buy and sell gold coins part 1

  • why you need to buy and sell gold coin part 1

  • winning the game of retirement

  • your worst enemy to successful investing the media