Keeping the lights on with Nuclear Enegry!
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Some right words. Some wrong words. WRONG IMAGE.
In this case a picture is not worth the paper it is printed on.
Final Edition?
Blinding Red and Yellowish Green contrast with a nuclear symbol in the middle? This cover makes me want to run and hide in my bunker.
WTF was Smithweekly thinking when they put this out?
If any person of influence is reading this, please give the publisher a verebal slap to the back of the head for putting this out. Images like this one certainly don't help the industry. I don't even want to opne the report. What is the matter with these people?
There are more trades than are totalled on some reports.
Total shares traded is 27,000 but only 6,000 are showing. 26,000 traded at $0.145
WTH?
An environmentalist's research on Nuclear.
Some are NOT participating in a Clean Energy Revolution - YET!
Yet California like Germany does NOT seem to be LISTENING to the reality of Nuclear. Why?
Is it because of their Socialist Ideologies? - Simply put YES!
While they obsess with spending $100,000 per homeless person, they claim the world will end in 12 years because of climate change - yet they don't have money for Nuclear.
They want electric cars but they don't want nuclear - YET!
Will Germany be a Catalyst for Nuclear?
Will California wake up to Nuclear or will they all die in 12 years?
Will Investors start INVESTING instead of SHORTING Uranium stocks? You bet.
If the people really want ACTION on the CLIMATE they will have to stark speaking the TRUTH for a change and they will have to start INVESTING instead of SHORTING uranium mining shares. The alternative is for the lights to go out.
Michael Schellenberger on Nuclear
Tired or reading words? How about Pictures?
Pictures Speak Volumes
Thanks to quakes99 twitter feed for the above link.
Live Lungs or Die Young
Invest Short or Invest Lung
Why Germany should become a catalyst
Biggest Germany Fail since WWII
Higher Lows are VERY important.
Thanks for sharing that link. I am not a chartist by any means.
That said, I definitely know that the Higher Lows especially when combined with higher highs, is very indicative of a positive outlook when it comes to stocks. In the case of Uranium itself, the higher lows aspect coupled wiht the production deficits and the amount of time that it takes to bring mines into production is simply the best predictor of where the Uranium markets will be going - Stocks, commododity, Uranium funds/ETFs etc.
Live Long and Prosper
See Japan discussion on numerco twitter feed.
Try this link and access various discussion from it. Most say this is OLD NEWS.
numerco tweet and discussion Clcik Here
additional discussion Click Here
Read that Japan article with EXTREME CAUTION.
My understanding was that any Uranium held by the Japanese was in a fuel rod format that could not be sold to anyone. I'd be interested to hear what Malcolm has to say about that.
No doubt, this article is going to have to be addressed by many people in the coming days and should get a lot of attention at the updoming nuclear conference.
The $24 billion is a figure that needs to be read in its true context since Japan still needs to carry fuel for its operationg plants. In other words, there is NOWHERE NEAR that amount of Uranium up for sale. In fact, the valuation seems to be based on Japan's long term contract prices which are likely in the $50 / lb range or higher. At today's prices, that figure alone would be cut in half.
The number of plants referred to as being closed in Japan is also misleading as some of those nuclear plant that were slated for closure are still up in the air when it comes for a re-opening.
The statement about closures in the USA is outdated. USA will be keeping its nuclear plants open. I'd like to know how Germany and Belgium are going to function if they go forth with their plans. Merkel is on her way out. Belgium is a non-event due its negligible size. So while this 'newly reported' factor when it comes to the supply of Uranium cannot be ignored, I question why it was not brought up eearlier. Why now?
Neverthelss, this article will generate a lot of interest and a lot of questions. It will no doubt be milked to milk the weak hands. Thanks for posting.
Clarification on HURA volume.
I just took a closer look at HURA's trading today. The Heavy Rating was indeed being reported as 'HEAVY' but in reality it only traded $10,000 worth. While the trend is better than it was this past summer, the rating I referenced seems to be based on relative volume to other days where miniscule sellng took place.
That having been said, another perspective on this shows me just how little selling of HURA there has been since its inception. In other words, the smart money that started this pure uranium ETF is holding on to HURA.
Given that HURA trading has been reporting as LIGHT for most trading days this summer, it appears that only some much smaller trades resulted in a LIGHT rating up since HURA's inception in MAY 2019 and it could be that even those sellers are now coming back. If $10,000 is considered HEAVY then what were they calling LIGHT. The answer suggests 'next to nothing'.
Once Horizon gets this product publicized some more, (quite possibly during the September 4 Uranium conference only a week or so away) the demand for this ETF could really take off since many people are simply not familiar enough with the individual Uranium stocks. Those of us that are familiar with the individual stocks stand to make even bigger gains.
Summer vacations, for the most part, are winding up this week. Many investors are going to be catching up on their reading. The problem is that there is so much unread positive news for Uranium that it might make their heads spin. The Uranium news cycle this summer is like a case of information overload. It is as mind-boggling as are the ridiculously low Uranium prices.
For those trying to catch up on their Uranium News reading, refer to my earlier post regarding the first 26 minutes of an interview with a real expert - Alex Molyneux. It could save you a lot of time.
click here to access that message
HURA volume showing as Heavy today. I guess tomorrow they will have to buy Uranium shares.
Barchart Opinion back in the green after being on hold for a while.
click here
More Price Manipulation Tactics.
After having posted plenty of trades at $0.145 on the TSX, just one little board lot was posted on the TSX so as to display the last price as being $0.14.
Is there no limit to what manipulators will do to try and keep the TSX price from showing a gain?
Are these manipulators the same ones that hold short positions? Only the regulators can determine that.
Amir Adnani calls for Balance and Truth from the Media.
A call for Balanced and Fair reporting - Click here
Nice to see more and more people calling for Fair and Balanced reporting of Facts. The question is will the Mainstream Media answer the call or will they continue to tout Carbon Tax which does NOTHING to lower Carbon Emissions.
Will the media start to tell the people of the Superior Benefits that Nuclear Power provides towards Carbon reduction instead of just touting Solar and Wind Power which pose their own environmental issues.
Time will tell, but Speaking of time, it is running out for operators to begin replenishing their supplies of Uranium and it is running out for those who need to cover their short positions in ANY and ALL URANIUM stocks.
Live Long and Prosper
True to my post yesterday the higher priced bids are being sent to the ATS. This results in the more influential TSX price reflecting a lower price than is actually taking place.
Who benefits? Short sellers do.
Who loses? Anyone who sells their shares.
Interview with a REAL EXPERT.
Thanks to quakes99 for posting.
THIS IS A MUST LISTEN for those still sitting on the fence or those shorting Uranium Stocks. I would be soiling my shorts if I held short positions while listening to this interview. If you are already invested in Uranium, now might be a good time to invest in detergent. Lots of shorts will have to be washed.
What Alex has to say in the first 26 minutes is a FANTASTIC OVERVIEW of the FACTS. What an excellent overview of the supply demand situation. Congratulations to the interviewer for not interrupting this amazing summary by Mr. Molyneux.
Alex Molyneux Interview with SmithWeekly Research
I erroneously used a time of 16:59:59 in my last post. I meant to write 15:59:59. And as luck would have it, we had a single board lot at exactly that time again today to close out at $0.14.
I did not even need my Crystal Ball to foresee that one.
Ways to discourage a price rise.
1) Put up a large number of shares for sale at a price where the shorters get some protection such as is the case at .145 right now as I post.
2) Spread news of useless techiques that if investors put up their shares for sale noone can borrow your shares for short sale purposes. That may be true, but nobody thinks, what happens if your shares are already borrowed. The answer is simple. They simply borrow someone else's. The only way the put them up for sale process would work is if EVERYONE placed ALL their shares up for sale. And if that happened, the market depth would look so negative that the price would be suppressed.
Nobody thinks to realize that these same 'techinique professors' leave out the part that putting your shares up for sale (even at high levels) affects the market depth figures which algorythms may use to keep suppression logic alive and well. The more shares up for sale, the worse the market sentiment looks hence the lower the share price stays. Who does this help protect? The short sellers of course.
It is time for a squeeze. There is precious little time left for short sellers to cover their shorts. If there were no share up for sale at any price, the short sellers would be DRIVEN TO PANIC.
3) Move the higher priced trades of to the ATS so that a lower price shows on the TSX. I see this being done routinely depending if the traders with access to such things want the price to stay lower or higher. Algorithms can then be written to close the market at 16:59:59 to trigger a closing price that some Anonymous traders want it to be within reasonable bounds that is.
Live Long and Prosper
and
Drink that Freshly Squeezed Orange Joice
Timing of Kazak announcement.
I got this from a discussion by quakes99 and Brandon Munro
Orange juice anyone?
Twitter is bursting with news about production cuts.
There is a plethora of tweets this morning regarding an extension of production cuts by the Kazaks. There are too many links to post here. Just go to @quakes99 or alibongo888 and you will find some of them. From there you will find many more people that are retweeting or others that are tweeting articles that they have received or learned of. Will this be a catalyst for Uranium shares that have lbs in the ground? I don't know but I do know that there are roughly 2,000,000 short positions in UEX as of this morning. These short positions will have be be covered really fast.
Of course we might expect plenty of ANON transactions trying to prevent a short squeeze. Orange juice anyone?
NOTE: CAMECO finished straight up on large volume very late yesterday.
Greenland takeover could be trump card for miners
Were you able to access Webinar?
Clck here for survey
or go to
@alibongo888
Some movement on Uranium SPOT. Thanks to numerco Twitter feed.
Bids are actually being lovewered then brought back up while asks stay put. Last minute desperation by someone to get some Uranium on the SPOT at fire sale prices.
Attention Wallmart Shoppers. SALE is now in effect in the Uranium isle. Please proceed in an orderly fashion. Don't all run towards the isle at the same time or Management will be forced to raise the prices after you get there.
Cobalt IS ON THE MOVE!
Cash is now $14.29/lb while the Highest ask is now $15.84/lb
The site has changed somewhat and so have the prices.
NICE MOVE!
NICE DIRECTION!
NICE PRICE GRAPH!
Nice Price Graph
Check this out - The RACE CARD and EVs.
I found this on Twitter after researching someone that has been retweeting some of my posts. It started with alibongo888 and that led to another retweet which led to another etc. etc. etc.
The point I'm getting at is that more and more people are starting to SEE what others don't, can't or won't.
Click on the link below to be one of those that DOES SEE.
Charging stations vs Gas Stations
Here is one more
The RACE is on for EV's?
The LME Cobalt Graph reflects the Cash market. The longer term asks are all above $30,000 now.
The highest ask is now $14.89/lb as at yesterday's close. Do I hear $15/lb?
LME Cobalt
I think it is almost time for Horizon to launch an ad campaign for their Uranium ETF.
Two or three weeks from now would be an ideal time to start promoting it if they want their early investors to make a bundle. You can't sell a product if investors don't know it is there.
No SPOT market VOLUME yet consumption VOLUME continues to grow.
From what I can tell, there is ZERO volume on the SPOT market these days. NOOOOOOOOOOOBODY is buying Uranium on the SPOT market. Even the Futures market is comatose.
To me this confirms a couple of my earlier thoughts.
1) Fuel rods keep getting used up every single day because the lights are still on - in places that are serviced by nuclear power at least.
2) SPOT price conveniently continues to be the driving force behind the false perception that SPOT IS the Uranium price. Because of this false perception, SPOT also drives the Uranium Mining shares. Operators are not buying on the SPOT because they are negotiating Long Term contracts and have all come to the SAME conclusion that it would be foolish for them to raise the SPOT price while those negotiations for Long Term contracts are ongoing.
3) Much like governement and airline deals, Uranium negotiations likely take place before highly publicized summits and conferences such as the September Uranium conference coming up - at which time some of the LT contracts are likely to be announced.
So I asked my Crystal Ball the following:
Oh Crystal, dear Crystal, my Power Ball,
What will happen to Uranium this coming fall?
Here is what it replied.
Once Long Term contracts start getting signed,
Buyers of SPOT will play with our shares
Until they go blind.
Shares wiil be purchased, in very large blocks,
And the prices will crawl out, from under their rocks.
Investors will come out from all over the earth,
To announce which Miners have THE biggest girth.
The shorters will panic and pull up their pants,
Because they feel like they’re covered, in fiery ants.
LIVE LONG AND PROSPER
Color set to brown to reflect the color of those shorts.
Big jump in LME COBALT.
Cobalt Price Graph - Click here
Why UEX Cobalt will pay off big.
EV manufactures don't want their cars doing this
The $45.00 fantasy
This was taken froom quakes99 twitter feed dated Jun 10
The $45.00 fantasy
Interesting interview alibongo888.
I found that the 41 to 43 minute mark and 57 - 58 minute mark are good places to listen to for those inclined not to listen to the whole thing.
Uraniume Prices - Bad time to short.
Uranium shares have ALL been shorted. Time to load up.
I just checked a list of Uranium shares and ALL the ones I checked have had a large increase in SHORT POSITIONS.
This possibly explains that large Algorythm action that we witnessed on July 31, 2019.
Some large player is trying to corner the market on these Urnaniumm Exploration stocks. So we can sit back and watch or we can play the game too.
Whatever you do, don't sell your shares now. This signals that the big move up is getting much closer and about to take place.
LIVE LONG AND PROSPER
Juice has to be SQUEEZED out of some fruits in order for it to come out.
Uranium set to explode
Click here for Seeking Alpha article
I thought Michelangelo was dead.
This new picture sure looks like a recent Michelangelo to me.
To see the latest Modern Day Michelangelo - click here
Look at the size of that deficit line. Soon we are going to run out of canvass.
Thanks for retweeting that tweet 'alibongo888'.
Thanks to 'The Yellowcake Advocate' for posting it in the first place .
Glencore news impacts LME COBALT
LME COBALT PRICE GRAPH
Wow! The big miners are showing that they are no longer going to mine for free or at a loss. It is about time.
Thanks for that.
Awesome find NewCoreFish and thank you for posting.
This should go viral.
I found this somewhere on Twitter.
Easy. Install a gas/deisel generator.
How to Charge an EV without Nuclear
Ashaman, I agree with your math except that there is no added value for the Cobalt. I also see $45.00 Long Term price as being a fantasy. $60.00 is more serious STARTING POINT for LT price by SECURE SUPPLIERS in my view. So I would prefer to use $60.00 in your math rather than $45.00 and that would still be conservative but it would put the $3.83 projection into play as a conservative amount.
Unfortunately, what affects Uranium Share prices is the SPOT price which is (in my view) entirely illogical. Nevertheless, that is how the market works in the absence of clarity when it comes to LT prices. LT prices are for the most part kept confidential by the mining industry until it serves a company's purpose to brag about the good price that they signed into their production agreements. Take Cameco for instance. It is in their best interest to let investors know NOW that they have LT contracts for say $45 when SPOT is at $25. They currently look like the geniuses they are since they can buy on the SPOT market at $25 with little to no production cost. Conversely, if SPOT was at $60.00 and LT commitments were at $45 a producer would not want to talk about that so much.
SPOT price is used primarily by Uranium Flippers who have no skin in the game when it comes to Production Costs vs selling price. Frankly, I don't understand why we have a SPOT market other than for SWU.
Operators who buy from Uranium Flippers do so out of Short Term desperation or perhaps opportunistic timing. However, operators cannot rely on the flippers for a SECURE SUPPLY and they will only buy on the SPOT market if they are already locked into their Long Term contracts and need some short term supply to carry them until such time that the producers can begin fulfilling the LT committments.
Buying in the SPOT MARKET while negotiating LT contracts makes no sense if you are an operator who wants to lock in LT prices as low as possible. Hence SPOT PRICE has a limited number of buyers in the current market environmnent when so many operators are negotiating LT contracts. Why would they buy on the SPOT MARKET if that would increase the cost of their LT contracts? That said, if one does break ranks afer signing some LT contracts to satisfy the short term needs, then the other OPERATORS will have to pay up. Its like a game of chicken. Who will sign LT first and be the least vulnerable to an Upward movement in SPOT price?
Produces are going to use the SECURITY OF SUPPLY issue as a leverage point this time around. The growing demand is simply TOO HIGH and the producers know it. They learned from the past 10 years from a ridiculous business model that saw them having to sell at or below production costs. I expect that even Long Term contracts will be for shorter terms or larger stepped tier pricing or something tied to cost of production plus a margin. In summary, I can see that Security of Supply is becoming a bigger factor in the negotiation process this time around. In my view, Kazatomprom represents a dubious source of supply for Western nations at least. There is a good possibility that they will be used to supply China and Russia while China and Russia operatives taunt unions in the Western world to demand higher wages, while they will continue to employ at low labor costs and be more lax on their environment than any Western supplier will have to abide by. That said, I am stil dubious on Kazatomprom's ability to discover as much cheap supply as the investing world believes they have the ability to. Complex, is it not?
As for promotion, I do not believe that UEX needs to promote more. The BTV experiment has NEVER helped any stock nor has it helped UEX. Their recent tweeted broadcast with the Swiss guy is a huge credibility mistake. It shows just how uninformed and unprofessional their Investor Relations is. That Swiss moderator has a horrible track record. He is the worst promoter I have ever come accross. Fortunately, he did not include UEX in his delivery and I actually see this as being a GOOD THING. UEX should not want this guy promoting their stock. I just don't get why UEX would tweet this guy's broadcast. He does NOT HAVE a stellar reputation so why try to associate your company when he does not even mention it.
Some presence is necessary of course but UEX Investor Relations is amateurish and a total waste of money in my view. In fact, I would go even further to say that their attempts hurt their share price more than they help it. The most recent CEO corner continues to have audio problems with Roger's voice. I point out that it is ALWAYS ROGER's microphone that has the problem. It could be his voice and his lack of sufficient breath but it needs to be fixed. They have been called out about this numerous times and have demonstrated that they are incapable/unwilling of/to fix the problem. In fact, I am beginning to detect a deliberate smugness about the audio issue of late. Whatever the case, sometimes less is more and unfortunately, in UEX's case, this is very much the situation. Abssent from the Investor Relations Program is UEX from the recent Rick Rule event. Why would they miss that?
P.S. I'm not sure if you know, but in additionn the the Preview feature, INVESTORSHUB allows posters 15 minutes to make corrections to their post from the time that the SUBMIT POST button is activated. That is a feature about this site that I really like as I often find some errors only after I post the message and see it in larger print and a cleaner layout. Now if only I could get them to display the read count. Sometimes I think that I am the only one here. it is greate to see you and X30X contributing lately. Thank you!