Geiger Counter Share Discussion Threads

[bonnard] 21/12/2016 09:39

Spot price of Uranium up over 20% since a week ago, but not yet showing in the media.

[masurenguy] 19/12/2016 14:09

Interesting ! Current discount to NAV is 16% and NAV has increased by 51% over the past 12 months with considerable potential for further increase in the future, according to Cantor !

Cantor Fitzgerald, predicted this year that a “violent increase” in uranium prices was on the way. Cantor predicts that up to 80% of the uranium market could be uncovered by 2025. Moreover, it believes demand will outstrip supply, saying: “The low-price environment has choked off exploration activity for uranium and we are at the point where there are not enough uranium projects in the pipeline that can adequately meet the coming demand.”

[shavian] 15/12/2016 19:11

Further uplift in NAV to 22.43p. The reason? Nice early Xmas prezzy from Nexgen: more good assay results from infill and extension drilling yesterday:Http://www.newswire.ca/news-releases/nexgen-returns-multiple-high-grade-intersections-at-arrow-606499026.htmlSp should play catch-up shortly. U3O8 spot prices showing more strength too. Happy days may here soon!

[quepassa] 09/12/2016 07:01

Additionally, I just checked the latest NAV for Geiger Counter announced yesterday 8/12.

The stated NAV is 20.88p per share as at 7th. Dec.

So the recent rapid uplift in the prices of Cameco/Nexgen are most certainly already priced in and reflected in the latest NAV figures.

With a Geiger Counter share price around 18/19p mid-market, the share price is currently fully up with latest revaluations of Cameco/Nexgen allowing for a c.10% Discount to NAV.

Whilst the big uranium producers are having a great run of late, it is not necessarily the case for smaller companies in the sector, some of which have fallen recently.

Also uranium prices are still very low.

My money is firmly on the uranium majors at the moment.

To illustrate this point and by way of contrast, the NAV on Geiger as at 24th. Aug - some three months ago- was 23.13p per share. So Geiger's NAV has dropped from 23.13p to 20.88p per share in some three months.

It's the sometimes opaque investments in the smaller companies and varying exotic countries which make Geiger a very hard fund to value.

This is where you find daily NAV announcements for Geiger. They list them every day not on the London Stock Exchange but on the Channel Islands Securities Exchange.

Have a look. Hope this helps.



ALL IMO. DYOR.
QP

[quepassa] 09/12/2016 05:33

The point seems to be that the Big Boys (eg Cameco/Nexgen) of the sector have been shifting rapidly ( similar to the commodity majors rocketing from early in the year) and that the sector is evolving fast from multi-year lows.

ALL IMO. DYOR.
QP

[steve73] 09/12/2016 02:42

QP - Nexgen up even more than this over the same period - and they're a much larger constituent of the fund than Cameco.

Time to add to GCL before it realizes..?

[quepassa] 08/12/2016 16:42

Cameco now up c. 40% since November and climbing fast.

That's telling you something.

ALL IMO. DYOR.
QP

[shavian] 01/12/2016 22:52

Epstein Research likes Nexgen:



Great website for research by the way. Check it out

[quepassa] 28/11/2016 19:40

Re 36.

Cameco now up 25% in less than a month from C$10 to C$12.50.

ALL IMO. DYOR.
QP

[steve73] 18/11/2016 01:57

Thanks Shavian,

I've updated some of the header info where appropriate, incl. the U-308 price, and added charts for U-Participation and Cameco (which has also had a useful past couple of weeks).

[shavian] 17/11/2016 19:21

Good drilling results at Nexgen, and Purepoint also rising today.Should feed through to NAV shortly

[timtom2] 13/11/2016 10:41

This has been kept quiet but will have knock-on effects on the only 2 Japanese plant operational, all those mothballed and a lot of the French plant. Could impact others too as the word goes out for quality checks.

It's a problem. Yes, I know about the supply side changes vs future demand etc.

hxxp://www.ecowatch.com/france-nuclear-power-shut-down-2086414462.html

[wskill] 09/11/2016 10:04

Tried to pick up a few this morning but only able to buy at best will keep GCL on my watch list ,they all keep saying there must be an increase in the price of uranium soon with the number of new reactors being built .
Hopefully after I have picked up a few GCL.

[quepassa] 08/11/2016 16:30

Seems and hoping that Cameco may have bottomed.

Have taken good size in Cameco Corp (TSX: CCO).

QP

[steve73] 26/10/2016 09:06

I've just read BP's 2016 Energy Outlook to 2035 - they are expecting Nuclear to take up an increasing share in future energy production - especially in China. A good read and quite a detailed breakdown of all energy sectors in geographic regions.

[dogberry202000] 26/10/2016 08:59

Institutional buying. They think things for U308 will change very soon.

[bared_bones] 25/10/2016 22:16

1.5m at 21.5, jeez

[steve73] 20/10/2016 03:24

This is doing surprisingly well considering the U308 price is continuing to fall.

[my retirement fund] 19/10/2016 23:31

This will have gone from a 40% discount to nav to a premium to nav

be-jeez, did one magazine tip do this LOL

LOL!

[shavian] 19/10/2016 04:05

More good grades from FCU. Yet the share price keeps dribbling southward....hTtp://fissionuranium.mwnewsroom.com/Files/14/146ba006-3689-4f59-8518-3ee4f6540947.pdf

[steve73] 18/10/2016 05:13

Thanks Shavian & Dogberry - some good discussion going here.

The only problem buying GCL vs. the individual stocks is a fairly wide spread. For me, this is my first foray into Uranium (I've previously been an oily guy!) so the attraction for a package in a single buy makes sense, especially for a ltbh.

I've been trying to diversify away from oil, but keep coming back to resources (at this low point in the cycle) and energy in general for the long term.

I was introduced to CYN about 6 months ago, and then bought GPM for some gold exposure about 3 months ago. Currently all 3 are doing OK..

[shavian] 18/10/2016 03:32

Going slightly OT, please bear with me, we uranium investors are presumably interested in nuclear energy. If so, we should perhaps be aware of a potentially critical supply shortage in another strategic material, high quality graphite. The coming trend in small nuclear reactors, including the projected "pebble bed" reactor will use "pebbles" of uranium coated in micronised graphite with purity levels exceeding 99.9%. There's plenty of ordinary graphite around (so we don't run out of pencils) but this large-flake graphite is much rarer, and is also in demand for lithium batteries, where the graphite content is many times higher than the lithium.

For those interested, the emerging high quality graphite suppliers seem to be Canadian. Have a look at Northern Graphite, Canada Carbon and Great Lakes Graphite for starters. The emerging technology around graphene is an extension of all this, and a UK company to be aware of here is Versarien (VRS). Disclosure: I have (very) small holdings in all of these out of curiosity in this emerging sector. Again, my apologies for going off-track, but it's all tied up with the future of Uranium imo.

[dogberry202000] 17/10/2016 22:36

Yes, Shavian, that's why I also hold some GCL - it includes Nexgen, Fission, Purepoint, Camaco, etc. They own some of the best of the uranium miners. Thanks for sharing Greenland Minerals. I'll look into them but I'm maxed out with everything else at present.

Good luck to you and everyone else who have bought in here with GCL.

[shavian] 17/10/2016 18:12

Oh, I forgot another one I hold. I had bought some Greenland Minerals years ago for the Rare Earths but it is now recovering on the strength of uranium, having been cleared to mine it by the Greenland authorities.