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Yep...Happy I put 1k shares in the long term acct!
Posted by: Arrow335 Date: Monday, March 16, 2009 9:23:29 AM
In reply to: None Post # of 59081
FEED: Pre-Market: 1.64 +0.56
-- Earnings of $0.54 per share compared to 2007 Earnings per Share of
$0.26 -- Net Income of $16.95 million compared to 2007 Net Income of
$6.66 million
URRE - 1.73 +0.40 +30.08%
FEED - 7.51 +0.62 +9.00%
Congrat's! GSAT - 1.27 +0.22 +21.17%
UUU.TO interesting....
Kazakhstan says official made illegal uranium deals
Tue Jun 2, 2009 10:10am ED
ALMATY/TOKYO, June 2 (Reuters) - Kazakhstan's KNB security service has accused a key nuclear industry official of illegally selling uranium deposits to foreign companies. Charges which he denies, said the KNB.
Below is a list of joint ventures the KNB said were used by by Mukhtar Dzhakishev, former head of state uranium company Kazatomprom, to illegally channel away export revenues.
KYZYLKUM
Kyzylkum operates Khorasan-1, Kazakhstan's largest uranium mine with reserves of more than 80,000 tonnes.
Canada's Uranium One (UUU.TO) owns 30 percent in Kyzylkum. It has said it is cooperating with the Kazakh investigation and the transactions through which it acquired the assets were completed in accordance with Kazakh law.
Another 40 percent is owned by a consortium of Japanese companies such as Toshiba Corporation (6502.T), TEPCO (9501.T) and Chubu Electric (9502.T). The rest belongs to Kazatomprom.
A spokesman at Chubu Electric Power said his company was gathering information and checking facts.
"We can't foresee the impact on the project," he said. "We plan to continue pursuing the project for full production."
TEPCO spokesman Hiroshi Itagaki said: "At this point, there is no impact to our uranium procurement plans, but we are paying close attention to the situation."
Toshiba, TEPCO and Japan Bank for International Cooperation (JBIC) also hold an indirect 19.95 pct stake in Uranium One.
Asked if the KNB accusations would change Toshiba's investment plans via Uranium One, Toshiba spokesman Keisuke Ohmori said: "There is no change in our plans at this time."
BAIKEN-U
The venture operates Khorasan-2, a deposit estimated to yield 2,000 tonnes of uranium annually for 40 years. Continued...
The same Japanese consortium owns an undisclosed stake in the company.
BETPAK DALA
The venture, in which Uranium One owns 70 percent, operates two deposits, Akdala and South Inkai. Uranium One estimates its share of proven and probable reserves in Akdala at 6,700 tonnes. Its share of inferred reserves in South Inkai is 16,720 tonnes.
STEPNOGORSK PLANT
The company mines and refines uranium, including through joint ventures with Kazatomprom. The KNB said Dzhakishev indirectly controlled the Stepnogorsk plant.
(Additional reporting by Mayumi Negishi and Chikako Mogi in Tokyo; Writing by Olzhas Auyezov; Editing by Keiron Henderson)
http://www.reuters.com/article/marketsNews/idAFL2100681520090602?rpc=44
Kazakhstan says official made illegal uranium deals
Tue Jun 2, 2009 10:10am ED
ALMATY/TOKYO, June 2 (Reuters) - Kazakhstan's KNB security service has accused a key nuclear industry official of illegally selling uranium deposits to foreign companies. Charges which he denies, said the KNB.
Below is a list of joint ventures the KNB said were used by by Mukhtar Dzhakishev, former head of state uranium company Kazatomprom, to illegally channel away export revenues.
KYZYLKUM
Kyzylkum operates Khorasan-1, Kazakhstan's largest uranium mine with reserves of more than 80,000 tonnes.
Canada's Uranium One (UUU.TO) owns 30 percent in Kyzylkum. It has said it is cooperating with the Kazakh investigation and the transactions through which it acquired the assets were completed in accordance with Kazakh law.
Another 40 percent is owned by a consortium of Japanese companies such as Toshiba Corporation (6502.T), TEPCO (9501.T) and Chubu Electric (9502.T). The rest belongs to Kazatomprom.
A spokesman at Chubu Electric Power said his company was gathering information and checking facts.
"We can't foresee the impact on the project," he said. "We plan to continue pursuing the project for full production."
TEPCO spokesman Hiroshi Itagaki said: "At this point, there is no impact to our uranium procurement plans, but we are paying close attention to the situation."
Toshiba, TEPCO and Japan Bank for International Cooperation (JBIC) also hold an indirect 19.95 pct stake in Uranium One.
Asked if the KNB accusations would change Toshiba's investment plans via Uranium One, Toshiba spokesman Keisuke Ohmori said: "There is no change in our plans at this time."
BAIKEN-U
The venture operates Khorasan-2, a deposit estimated to yield 2,000 tonnes of uranium annually for 40 years. Continued...
The same Japanese consortium owns an undisclosed stake in the company.
BETPAK DALA
The venture, in which Uranium One owns 70 percent, operates two deposits, Akdala and South Inkai. Uranium One estimates its share of proven and probable reserves in Akdala at 6,700 tonnes. Its share of inferred reserves in South Inkai is 16,720 tonnes.
STEPNOGORSK PLANT
The company mines and refines uranium, including through joint ventures with Kazatomprom. The KNB said Dzhakishev indirectly controlled the Stepnogorsk plant.
(Additional reporting by Mayumi Negishi and Chikako Mogi in Tokyo; Writing by Olzhas Auyezov; Editing by Keiron Henderson)
http://www.reuters.com/article/marketsNews/idAFL2100681520090602?rpc=44
FRG - 4.11 +0.21 +5.45%
Northwestern Mutual Makes First Gold Buy in 152 Years (Update2)
By Andrew Frye
June 1 (Bloomberg) -- Northwestern Mutual Life Insurance Co., the third-largest U.S. life insurer by 2008 sales, has bought gold for the first time the company’s 152-year history to hedge against further asset declines.
“Gold just seems to make sense; it’s a store of value,” Chief Executive Officer Edward Zore said in an interview following his comments at a conference hosted by Standard & Poor’s in Brooklyn. “In the Depression, gold did very, very well.”
Northwestern Mutual has accumulated about $400 million in gold, and Zore said the price could double or even rise fivefold if the economy continues to weaken. Gold gained 10 percent last month, the most since November. The commodity has more than tripled since 2000, rising for eight straight years. Gold futures for August delivery slipped $4.80 to $975.50 at 4:03 p.m. in New York.
“The downside risk is limited, but the upside is large,” Zore said. “We have stocks in our portfolio that lost 95 percent.” Gold “is not going down to $90.”
Policyholder-owned Northwestern Mutual, based in Milwaukee, ranks third by 2008 life insurance premiums according to data from the National Association of Insurance Commissioners. The data excludes annuities.
http://www.bloomberg.com/apps/news?pid=email_en&sid=ajf0L9wTPq6Y
To contact the reporter on this story: Andrew Frye in New York at afrye@bloomberg.net
Last Updated: June 1, 2009 16:34 EDT
TRE - 4.02 +0.37 +10.14%: IMO The Real Golden Cross 21/50 creeping up...
FEED - 6.87 +0.83 +13.74%
NEPH - 0.45 +0.05 +13.92%
TRE buy on the 5min bounce off 200dma or breakdown? betting on gold to hold.
Huh, Umm, Yum..Yes, No, Maybe, No...Stop, Go! These voices in my head keep telling me to buy, sell, hold, buy,hold, sell, buy......your gona be Rich...no Poor...Yes Rich!!!
LOL
LOL...guessing kurt never snorted a line of lithium? or maybe he did and thus the outcome? Cortney Love would drive any man Insane. lol
UWRL - +50.00% 300% yesterday fwiw.
WLC.V - 0.73 +0.07 +10.61%
FRG - 3.79 +0.18 +4.94%
WLC.V - 0.73 +0.07 +10.61%
GWG.V - 0.16 +0.04 +29.17%
PNP.TO - 2.67 +0.19 +7.66%
TRE - 3.94 +0.14 +3.68%
PAL - 2.73 +0.15 +5.81%
GOLD + 16.10 - 976.10: Silver +.32 - 15.51
PAL - 2.58 +0.19 +7.90%: 50/200 cross FWIW
SSE.V .10 - due for a move imo. thin trader.
BAY.V - 0.17 +0.01 +3.13%, mfi bottom turn.
PNP.TO - 2.48 +0.25 +11.21%
TRE - 3.81 +0.38 +11.08% breakout above 50/100/200 dma. Gold, Closing Strong.
TRE - 3.81 +0.38 +11.08% breakout above 50/100/200 dma Gold baby! Closing Strong.
TGB - 1.74 +0.09 +5.34% keeps creeping up. (opps spaced the thread)
WWON - 0.08 +0.01 +10.14% making a turn.
UUU.TO - +20.60%: Yep, Typical Communist game. Let foreign firms build facilities so They can take it away. Culled it for that very reason before the snatch. Australia, Canada, US...no worries.
Revaluing the uranium sector in advance of a bull market. We
believe that the uranium market is in the early stages of a bull
market rally that could last three to four years. We think the
primary drivers of the bull market will be: a looming
supply/demand shortfall that will drive pricing significantly
higher; Asian utility buying; based on our supply demand
outlook, we think the uranium market will be facing substantial
deficits and that utilities will have to pay higher and higher
prices to secure both spot and long-term supplies. We also
believe that the longer the spot price remains depressed (eg
below US$70/lb), the more dramatic the price run-up will be;
recent asset and equity purchases by Japanese and Korean
utilities have, in our view, signaled the start of utilities looking
to secure long-term supplies where they see potential shortfalls;
we think consolidation in the uranium business will occur in the
coming 12 months, but the number of quality names is limited
and should help drive equity prices higher. Uranium equities
have recovered well from their trough values, but are still
trading well below historic peak values. We have revised our
valuation for the uranium sector to reflect our view that we are
at the early stages of a bull market, but we think the peak levels
are still more than two years away.
RBC Dominion Securities Inc, 29 Apr 09
STKL - 1.78 +0.13 +7.88%
SGR - 27.93 +0.90 +3.33%
SGR - 27.93 +0.90 +3.33%. Not a cheapie but good for a few $'s imo.
Several....Need to spread out properties as geopolitical risk for resource confiscation is real.
Kazakhstan says some foreign uranium deals illegal
ALMATY (Reuters) - Kazakhstan's security service on Wednesday accused the former head of the state uranium company of illegally selling uranium fields to foreign firms, citing a joint venture with Canada's Uranium One as an example.
Last week KNB, the successor service to the Soviet-era KGB, arrested Mukhtar Dzhakishev, the long-serving head of the world's leading uranium producer Kazatomprom, along with seven other executives.
"Preliminary results of the investigation show that Mukhtar Dzhakishev and other managers ... squandered state property in the form of Kazakhstan's largest uranium fields by handing them to a number of offshore companies," KNB said in a statement.
The KNB service singled out the sale of a 30 percent stake in the Kyzylkum uranium joint venture as an example of an illegal transaction. Canada's Uranium One has 30 percent in the venture while a group of Japanese firms own another 40 percent.
The rest belongs to Kazatomprom. None of the foreign companies could be reached for comment. A Kazatomprom spokesman said he had no information on the probe.
The Kyzylkum venture runs Kazakhstan's largest uranium mine, Khorasan.
http://in.reuters.com/article/worldNews/idINIndia-39906420090527
Stinks if it happens.....Pop politico BS piece imo. Globalist have been prepping us for this shit for some time. These ahole politico's add the word Security to every POS Bill. Demo's taking a page from the Repub book. " American Clean Energy and Security of 2009" I'm guessing these bills were forged years ago in some form or another. Each party takes the hit as they meet the Globalist agenda. Just look at the back of a $..."New World Order". It's not fantasy land BS.....
"President Barack Obama and liberals in Congress support federal regulation of carbon dioxide."
THX....sorry to say I took my eye off the ball and didn't get in last Fri. Put in on watch last Mon. Oh well..... Happy with my FEED.
Obama Administration Sparks Battery Gold Rush
Companies, States Vie for $2.4 Billion in Funding Aimed at Turning U.S. Into Top Maker of Fuel Cells for Electric Cars
By WILLIAM M. BULKELEY
The Obama administration has set off a gold rush to power new environmentally friendly cars.
In one of the government's biggest efforts at shaping industrial policy, the Energy Department has been soliciting applications for $2.4 billion in funding aimed at turning the U.S. into a battery-manufacturing powerhouse. At the deadline last week, the department said it had received 165 applications.
Companies vying for the federal money include General Motors Corp., Dow Chemical Co., Johnson Controls Inc. and A123 Systems, a closely held battery maker backed by General Electric Co. and others. States including Michigan, Kentucky and Massachusetts are also weighing in with applications, usually in alliance with their favored battery makers.
View Full Image
Reuters
GM approached a Korean firm about batteries for the Chevrolet Volt, above, but U.S. firms are keen to join the business.
When the winners are decided, as soon as the end of July, the Energy Department may anoint Livonia, Mich., or Indianapolis or Glendale, Ky., as the future U.S. hub of car batteries. A 2008 study by researchers at Alliance Bernstein forecast the current $9 billion-a-year auto-battery market, based on lead-acid batteries, could reach more than $150 billion by 2030.
The companies and state governments are proposing sites for plants that will make lithium-ion batteries, the technology that has emerged as the leading choice to power future electric cars.
The world-wide market for these types of power cells is now dominated by four big Japanese and Korean companies -- including Sony Corp. and Panasonic Corp. -- but their batteries are chiefly small ones used in laptops and cellphones.
Car makers currently use another technology -- nickel-metal-hydride batteries -- in hybrid vehicles such as Toyota Motor Corp.'s Prius because they aren't as prone to fire as lithium-ion batteries are.
Lithium-ion batteries are lighter and more powerful than lead or nickel-metal hydride batteries. Several American companies have demonstrated technological improvements that make big versions safe and practical for use in cars and trucks.
While mass production of such batteries hasn't been demonstrated, U.S. companies "seem close to building a facility and getting a product out there," said Kent Furst, battery analyst for Freedonia Group, a market-research firm in Cleveland.
States are desperate to attract manufacturing plants that would boost employment while reducing greenhouse gases. Some officials argue a big battery factory will attract or preserve job-heavy auto assembly plants.
"If you're the place where the batteries are made, there's an opportunity to spin it into other things as well," said D. Gregory Main, president of the Michigan Economic Development Corp., a state agency that has committed up to $400 million in incentives for battery manufacturers.
Kentucky is promising $110 million in aid and a 1,550-acre site, in Glendale, that it assembled in an unsuccessful effort to land a Hyundai plant several years ago.
"We're not in that financial league," said Ian Bowles, the Massachusetts secretary of energy and environmental affairs. But Mr. Bowles said Massachusetts has a chance of landing federal funding because it has several in-state battery makers such as Boston Power Co.
Manufacturers are proposing to build four plants in Michigan that would require a total capital investment of $1.7 billion, though not all are likely to be funded.
Among them is A123, a Massachusetts company that makes batteries in China for Black & Decker power tools. It wants to build a $600 million lithium-ion plant in Livonia, outside Detroit. GM said it was working with A123 on batteries for the planned Volt electric vehicle, raising the small company's profile. But earlier this year GM said it was working exclusively with LG Chemicals, a Korean battery maker.
A123 now says it has an agreement to supply batteries for future Chrysler cars.
"We think they're qualified, if you get past the notion of bankruptcy" for Chrysler and focus on its plan to be acquired by Fiat, said Michigan's Mr. Main. A123, which recently raised $70 million from GE and other investors, declined comment.
Meanwhile, Johnson Controls, the Wisconsin auto supplier that is currently the industry's leading lead-acid battery supplier, has allied with Saft LLC, a French battery maker, with plans to build lithium batteries in an existing plant in Holland, Mich.
In Kentucky, part of the proposed 1,550-acre site, in Glendale site will be occupied by the National Alliance for Advanced Transportation Batteries, a 51-company consortium, which plans a research campus.
"It's been a strategic decision to move in the direction of creating Kentucky as what we hope will be the epicenter of battery development," said Larry Hayes, the state's economic development secretary.
The consortium was started by Chicago lawyer James J. Greenberger, the head of the energy and project-finance team at Reed Smith LLP. He calls the venture a "law-firm-marketing exercise that got out of control."
After he ran a conference last year, companies signed up to form a group that would develop tools and manufacturing expertise to be ready when the technology is. He said the federal funding is "almost too much money," considering the early stage of the market. But he said winning a DOE grant is crucial to the prospects of building the research center
In Indiana, battery maker Ener1 Inc. has applied for a grant to expand a lithium car-battery plant it already operates in Indianapolis. The company has an agreement to supply batteries to closely held Fisker Automotive, a California company with plans to build and sell $88,000 luxury-hybrid cars in 2010.
Ener1 Chairman Charles Gassenheimer said the Energy Department grants would help it expand, but "it's not life or death," for the company, which has raised some $250 million on its own. He said the grants can "accelerate the industry to develop two or three years faster" than it would on its own.
http://online.wsj.com/article/SB124329271803452475.html?ru=yahoo