Geiger Counter Share Discussion Threads

[deltrotter] 15/1/2017 07:55

Excellent links, thanks Steve. The second was probably the better imo.

[steve73] 15/1/2017 02:11

not sure if this has been posted... dated 11th Jan.



although this one is probably a bit less specific.. 13th Jan.

[deltrotter] 14/1/2017 10:28

This may beat it QP:

[quepassa] 13/1/2017 22:05

Interesting posts.

Denison Mining up another 8.2% tonight. Amazing.


That article on Yahoo Finance in post 143 is the most bullish I have seen and is fascinating to read.


ALL IMO. DYOR.
QP

[deltrotter] 13/1/2017 21:48

Nexgen +5% as well....

[mr roper] 13/1/2017 21:42

Good shout, Del. Cameco and fission +5% so far

[deltrotter] 13/1/2017 21:27

Looking at the holdings in Canada, expect a chunky nav increase on Monday.

[deltrotter] 13/1/2017 20:46

Has this one been posted guys?

[deltrotter] 13/1/2017 13:55

Net asset value as at 12.01.2017 of

Geiger Counter Ltd ordinary no par value shares

(TIDM: GCL):

NAV-bid........... : 31.25 GBp

[quepassa] 13/1/2017 10:14

Tony, I have voted your post up.

Good post.

QP

[anthony16731] 13/1/2017 09:42

It's unlikely to behave on a typical technical basis IMO. There is definitely technical buying - you can see that when the (daily) 200MA broke for example; but predominantly the buying is influenced by the NAV (I.E. it's trades predominantly in a 10%-20% discount range to the NAV value - occasionally at a premium).So if the NAV keeps rising so will the buying, and the NAV as we know is calculated from its investments - which are predominantly influenced by the spot price of Uranium.So it's really a call on the Uranium spot. One point of view might be we've had an initial surge and now we will see some consolidation awaiting details of Trumps policy and the impact of the cuts in Kaz.Another might be that we are going to see a sharp sudden correction to the $30 or $40 range in which case it would go bananas. As ever watch the price. I can see some technical resistance around 35p, but volume and liquidity will be the deciding factor.

[mad foetus] 13/1/2017 08:28

Looking to buy some more but think we will have a little pullback today.

[quepassa] 13/1/2017 08:17

Thanks for posting this important article from page 28 of today's FT.

May I please just add the title to the FT article:



"URANIUM IN ITS ELEMENT.....

TRUMP'S HAWKISH NUCLEAR STANCE AND KAZAKH SUPPLY CURBS SET STAGE FOR BIG GAINS."



ALL IMO. DYOR.
QP

[deltrotter] 12/1/2017 21:37

Nexgen up another 8% on the TSE...

[shavian] 12/1/2017 20:40

Seems like the Kazakhs are cutting back at just the wrong time. Perhaps we were right about Borat all along!

[quepassa] 12/1/2017 15:17

good to take profits. can't argue with that.

I remain all-in.

my own view is that uranium has only just started a massive bull-run after many, many years in the doldrums and U3O8 being at rock-bottom prices.

- Japan restarting reactors after the Fukushima disaster.

- China ramping up clean energy as their pollution levels in cities become intolerable

- All countries signed up to the recent Paris Climate change agreement

-Kazak cutting production

-Other miners cutting production

- New Reactor construction





We have seen what has happened to oil prices since OPEC came to an agreement and no doubt the uranium miners will be taking a leaf from OPEC's game-plan to cut production which significantly boosts prices - and very rapidly at that.

good luck all.

ALL IMO. DYOR.
QP

[dogberry202000] 12/1/2017 15:04

Sensible move, Shavian. I've trimmed my uraniums this morning and in the US markets this afternoon. Holding core positions now. Seems like I'm writing about flower arranging!

[shavian] 12/1/2017 14:51

I'm firmly a believer in this uranium bull run and a great fan of GCL, but I've just top sliced 25% of my profits of the past month, as part of a hopefully temporary trimming back exercise across the market, especially my exposure to the US. The 'i-word' was mentioned for the first time yesterday - 'impeachment'. Fear of Trump coming unstuck big time could just knock the US and UK markets off their pedestal, so I'm pulling in my horns for a week or so, holding cash to see what happens next. Still running 75% of my holdings here and in BKY. GLA NAI

[deltrotter] 12/1/2017 13:11

Net asset value as at 11.01.2017 of

Geiger Counter Ltd ordinary no par value shares

(TIDM: GCL):

NAV-bid........... : 31.04 GBp

[deltrotter] 12/1/2017 12:42

Tx Mas - appreciated.

[anthony16731] 12/1/2017 09:22

The 120p level was achieved with whatever investments they had in play at the time and a Uranium price of $48 in a falling market.IMO:Investments this time are stronger. Esp NexGen.We are in a rising market so may outperform NAV$40 Uranium is very realistic in nr future.Let's see how this plays out. The fundamentals in the market have certainly shifted with the 10% cut so this UX price rise isn't based on thin air either.

[deltrotter] 12/1/2017 09:00

Totally agree mad. As I say, when these go on a bull run, they really do run!