Geiger Counter Share Discussion Threads

[dogberry202000] 31/3/2021 17:16

Don't think we are going to get any proper "off days" for a while. Value here is always relative. The cheap as chips shares have gone but is the current price still really good value? I think it is. In a bull market, and I think Uranium is in a bull market, GCL could end up anywhere from £ 2 to 4 quid. And if U goes nuts, and it usually does, a good bit higher than that. It's still early days in a bull market that has several years to run.

There'll be air-pockets and other such volatility. But we ain't seen nuthin' yet!

[zcaprd7] 30/3/2021 08:31

I just want to buy on an off day...

[dogberry202000] 25/3/2021 11:03

I think trading under NAV would send a different long term signal.

[zcaprd7] 25/3/2021 09:25

Does this often overshoot, and trade below NAV? Seems to be at a premium most of the time...

[dogberry202000] 22/3/2021 16:22

Flagging? If so, 0.461p next stop.

[1solon] 18/3/2021 18:37

I have a basket of u miners as well as a decent sized position here and I reckon we are still very early days here - U miners have been buying lbs & its widely reported that wall st are lining up to do the same.Once spot moves & utes start covering we could see (conservatively) $60 in short order with equities flying on the back of that.From there it's a case of how/when to exit but 5X from here isn't a wild shout imo.

[bmcb5] 18/3/2021 14:46

That's a shame Steve. You obviously saw something in 2016 when setting the thread up. I'm sorry you got bored out of your position, and agree it can be hard to climb back on when the price is rising as it is.

But I'd encourage you to look at the big picture. Total sector market cap is still approx 10% of its previous peak, which was set during a period of plentiful supply.

I honestly believe we are still in the foothills of a multi year bull.

Good luck to you, and thanks for continuing to maintain the thread

[steve73] 18/3/2021 14:07

Hi bm, No, unfortunately... I was caught napping when it lifted off it's late '20 lows, and I've been struggling to see how it can keep rising higher ever since...

But I saw the zh piece and thought it worth posting for those that are still in or watching.

[bmcb5] 18/3/2021 13:06

Thanks Steve. Are you back in (still in) here?

[steve73] 17/3/2021 01:26

A useful update here....

[harleymaxwell] 16/3/2021 17:02

well pretty good start to the week . uranium price moving up and under the radar

[1solon] 15/3/2021 15:52

https://youtu.be/Uh8DSODdCTcPossibly already seen it but main takeaway- institutions positioning in U equities before they buy physical Uranium to drive the spot price. China annual consumption by 2040, will = all mined U per year today. Need to address this in next few years.

[greedfear] 22/2/2021 08:42

Uranium spot price under downwards pressure lately.
Am I alone in thinking whales are causing it?
They know investors would like to see recent uranium plays share price increases confirmed by spot price increases.
Trying to raise doubts about the legitimacy of the share price increases in order to keep accumulate at still reasonable prices?

“Real” uranium investors do know that spot price has little impact on contract prices between uranium plants and uranium producers.

Pretty sure spot price is being manipulated (what isn’t? Lol).

[greedfear] 22/2/2021 08:29

To the moon! ;)

[tonsil] 22/2/2021 07:41

Second largest holding isn't U?

[1solon] 19/2/2021 09:51

People in the know will be talking about spot, share price rise etc as they will be aware of the investment thesis and the upcoming supply deficit underpinning what's to come. Institutions are now taking positions that has resulted in others noticing and coming into the space creating more chatter on Twitter.The point I'm making is that it's still very early days before others & generalists jump on the bandwagon. Once this board is full of "to the moon" types then we might be nearing the end. Not an exact science obviously but I like the fact we are still 'relatively' in the minority here.

[quepassa] 19/2/2021 09:49

there are some boards which clearly have co-ordinated circles of rampers trying to move the price.
they are easy to spot.
they arrive rapidly as a flock and leave just as quickly once they have completed their pump'n'dump operation.
and I agree that they are to be avoided.
i haven't seen that here.
But to suggest that remarking on uranium share price movements in recent days is uninteresting after being in the wilderness for years ....on that point I beg to differ.

and what, may I ask, have you ever tried to add of value to this bulletin board, other than carping and criticising?

[gaiusgracchus] 19/2/2021 09:00

People on message boards talking about the daily price moves of a share, or how "that 10k sell was actually my buy", or who talk about market makers "manipulating" the share price offer zero value. Sure, these boards are really for entertainment purposes only. But it's a clear warning sign when most posts are about the share price instead of the company or industry fundamentals.

[quepassa] 18/2/2021 18:01

what a load of old tosh.

The prices of physical uranium and stocks have been in the doldrums for years.

If people didn't start talking actively about the recent RAPID rise in prices, it would be astonishing.

[gaiusgracchus] 17/2/2021 10:28

Agree that boards on here where two out of three posts are talking about the day to day share price moves are incredibly tedious. There's plenty of great insight on twitter and youtube regarding the Uranium bull case. If you're convinced of the case then you know there is a long way to go for Uranium stocks. If you're not then why would you invest here? When this board starts getting multiple posts a day talking about the share price then that's probably a good sign to start looking for the exit.

[bmcb5] 17/2/2021 10:20

Yep, totally agree.

I have created a new (even quieter) board for uranium companies, here:

Just a load of charts in there at the moment, but I plan (if time allows) to expand this over time

[1solon] 17/2/2021 09:09

It can't be underestimated how good it is to see a quiet board here. Twitter has a few newcomers but still very early days here imho.

[jonwig] 01/2/2021 19:20

WSB not talking silver at all, they think it's a plant to deflect attention.

Move on uranium?
ZeroHedge reckons Biden's green energy policy:

In President Biden’s ‘Plan for a Clean Energy Revolution and Environmental Justice’, nuclear, including the development of small modular reactors (SMRs), is included as a low and zero-carbon technology to help achieve its 100% clean energy target. With this, the Democratic party more broadly embracing “technology-neutral” de-carbonization of U.S. power generation and broad Republican support, U.S. nuclear plants that are planned for closure could receive federal government help to continue operating.