Geiger Counter Share Discussion Threads

[bmcb5] 06/8/2019 10:54

Tempted to buy more, but the chart is ugly atm. I think I'll keep my powder dry for now

[bonnard] 05/8/2019 09:29

Just joined this select group.

Made an initial purchase @ 17.31p

[bmcb5] 01/8/2019 14:24

Picked up a few more, at 17.31p

[bmcb5] 17/7/2019 12:02

Welcome to the backwater that is GCL, 1solon. I hope your timing is impeccable

[1solon] 16/7/2019 17:46

I agree Andy, I was delighted to see there weren't many posts on here or LSE, although twitter is hotting up. I'm now fully loaded in Uranium and in early enough, especially at these prices. I've been building a portfolio of U stocks for over a year and it's just treading water after Friday's sell off but I have a 2 - 4 year time frame in mind.

[andyforster1] 16/7/2019 16:18

Stick them in the bottom draw and come back in two years. Short term fluctuations but when U starts to break above $30 you'll be glad you loaded before the big move.

[1solon] 16/7/2019 15:51

Just bought a chunk in here after building a basket of shares in U co's over the past year. That's me all in now in uranium Got to be near the bottom in this space now!!

[energiser01] 16/7/2019 10:44

U kicking up today, +5% let’s see if it’s sustained.
Dyor etc etc.

[bmcb5] 15/7/2019 12:20

I'd expect demand to continue picking up over coming weeks, and a return to issuing new shares by the end of the month

[makeamillion1] 15/7/2019 07:36

It is all extremely good news as quotas do not go far enough to secure supply in the US under s232. Now the President has set the ball rolling for a much more sustained price recovery with all US miners and explorers as well as benefiting other countries such as Canada and Australia.
Spot price is already up 4% from Friday and likely to rise rapidly now the uncertaininty of s232 outcome has been settled and utilities come back to the market after 18 months of inactivity.
The Uranium market is already in a supply deficit this year...look out for renewed Cameco buying they require another c10 million Ibs THIS year alone. $30 Spot price will come quickly and then watch the market turn significantly higher. GLA

[andyforster1] 15/7/2019 07:34

The management team at GCL proving their weight in gold the last 6 months. Rolling profits out of US plays into Canadian companies. Kazatomprom outperforming the sector. Very pleased with how the fund is being run. I expect the Uranium bull to start running in H2.

[quepassa] 21/6/2019 12:15

Good to see some buoyancy in share price. A 10% bounce since beginning of month.

ALL IMO. DYOR.
QP

[andyforster1] 05/6/2019 10:16

US Commerce Sec Wilbur Ross is being quoted by @AFP today saying the US will take "unprecedented actions" to ensure supply of rare earths, including #titanium and #uranium

[steve73] 27/5/2019 10:05

I did see this today suggesting the US is winding down its Nuclear generation program........with Russia and Chine developing more.

[jonwig] 27/5/2019 09:47

In the absence of more from poster 'dingo75', I looked for some recent evidence that he might have a point. Unsurprisingly I didn't find any. However, here are some newish articles. The comments section in 2) has a balance of opinions (obviously well-informed).

1) Dated 20/05:



2) Dated 09/05:



3) Dated 07/05:



4) Dated 29/04:

[jonwig] 24/5/2019 17:25

C'mon, dingo, tell us why. All that coal in Oz, I suppose?

[dingo75] 24/5/2019 17:09

they'll be zero need for uranium in 10 years, this is the issue that should be staring investors in the face.

[jonwig] 24/5/2019 09:22

Steve - OK, thanks. It was a few years ago that I enquired. Great for active traders (after all, buy on the bid, sell on the offer) but I'm too old for that game now!

[steve73] 24/5/2019 09:08

jon - many of the on-line brokers provide DMA at little or no additional cost.

[0x3f] 23/5/2019 11:33

Thanks jonwig, interesting. Judging by my trades with various brokers, looks like Advfn's guesses were not correct for me anyway.

Curious about the 250K one though, as I had no difficulty in buying the other day. Wondering it it was a seller who's been cleared out (& now reported) and the price might be free to rise a bit. Saying that, the underlying U companies didn't have a great day yesterday.

[jonwig] 23/5/2019 11:06

0x3f - the LSE doesn't stamp trades as 'buy' or 'sell', it's ADVFN's guess according to the mid-price.

The GCL trades go through market-makers (are marked 'O'). So if you buy, the seller is the MM, etc.
Larger companies trade on SETS where many trades are marked 'AT'. Here you are buying or selling to another investor who has 'direct market access'. He is therefore buying on the bid and selling on the offer. You can do that yourself if you've deep pockets and pay a fee.

[0x3f] 23/5/2019 10:58

Big 250K transaction on the Chart above. Marked as a sell, but so were my buys yesterday - not sure of the logic there, as there must be surely be seller for every buyer.