Geiger Counter Share Discussion Threads

[spectoacc] 15/1/2020 07:33

Agreed. If there was a discounted uranium play to buy, then great (already have YCA). If/when uranium "goes" again (might be this year, might not), it's going up several-fold.

[1solon] 15/1/2020 07:25

Each to their own. I don't see this as a long term hold to collect dividends (2-3 yrs ish). This is cyclical, ride the wave when it starts...and know when to jump off imo.

[kenny] 14/1/2020 18:55

I do not understand why people are willing to pay a premium for GCL. There is not even a dividend here. Management of the fund do not wish to pay a dividend because it reduces their fees. This fund is not being run for investors. Despite representations from major holder's, they have stated that they will not change.

[p1nkfish] 13/1/2020 06:49

Charges are very high, for what?
They ride the cycle. Where's much added value to cover the cost?

[jonwig] 13/1/2020 06:30

URA isn't a pure uranium play:



but URNM is:



YCA is maybe the cleanest exposure (pure physical) but miners have stronger upside, Kazatomprom (KAP) is quoted in London. GCL is probably the easiest to buy, but charges are a bit high, and there's a funny share structure.

[p1nkfish] 13/1/2020 00:24

URA and URNM worth consideration as etfs for the U miners.

[spectoacc] 27/12/2019 18:25

@MF - agreed, but - never seems to trade on one. Aren't many Uranium plays I guess.

[my retirement fund] 27/12/2019 14:50

Think I'd need to see a sensible discount to NAV here to tempt me

[spectoacc] 27/12/2019 12:12

Bought a few GCL this morning, see if the uranium price can outrun the endless drip of costs in a sub-scale IT. Hasn't done so far.

[mustbefunny] 11/12/2019 07:37

converted mine to cash

[quepassa] 10/12/2019 09:50

I guess no-one converted their sub shares in November

[kaos3] 02/12/2019 20:18

linear performance

[jonwig] 21/11/2019 12:41

Research note from Quoted Data:



[Sponsored research, but they are pretty reliable.]

[bmcb5] 18/11/2019 13:05

Agree with that. I don't want to see it fall, as I already hold plenty (maybe too many) at 19p average. I just wouldn't be surprised, and I too would be looking to load up even more. If i miss out and it jumps, i'm also happy with that

[1solon] 18/11/2019 12:44

For anyone interested in TAhttps://twitter.com/graddhybpc/status/1196133470394826758?s=21

[1solon] 18/11/2019 12:39

It may well do bmcb5 but I've been averaging in from below 19p and will continue to so. If 10p is reached I will load the boat. Still think the downside risk is manageable considering the upside potential.

[bmcb5] 15/11/2019 15:31

I still see a chance of a short term capitulation down toward 10p, purely on the current trend and general sentiment. Still keeping my powder dry for now.

[dogberry202000] 12/11/2019 20:52

What a gift today! Couldn't resist adding before the end of the day..

[dogberry202000] 08/11/2019 20:38

I've been adding CCJ and I may add more here.

[1solon] 08/11/2019 13:09

I'm on the same page Andy, I bought more the other day, curiously it showed up red as if it was a sell, no blue showing for a few days now.....not that I read anything into that.

[andyforster1] 08/11/2019 09:23

Small top up for me just now. I'll keep dripping in until Uranium takes off !!!!

[dogberry202000] 04/11/2019 23:17

That was a good buy today, makeamllion1, when some ran out of patience and jumped ship.

Seasonal strength should kick in between here and February.

[quepassa] 04/11/2019 20:59

Cameco now up almost 9% today.

Several others up 4-5%

[makeamillion1] 04/11/2019 15:18

Big week this week. NFWG due to report to POTUS 10th November so could be anytime or w/c 11th November. Cameco (CCJ) 3rd Quarter Earnings call was most positive I have heard in a long time. Transcript can be read here:



CCJ is relevant as it always seems to break out first and other U stocks follow. Today up over 5.8% so far.

GCL is well placed with top holdings, while GCL shares are down 3.1% today they always lag behind US / CAD U stocks so I could not resist buying more today.

I expect to see a significant increase in U stocks through the year end and IMO GCL will be a prime beneficiary.

DYOR Good luck