Geiger Counter Share Discussion Threads

[steve73] 06/9/2016 08:27

tonsil... if you make one (or more) of the leading http into a capital the link usually becomes "live"..

[tonsil] 06/9/2016 08:09

Mining.com good article Yes, the uranium market is bad but remember gold's turn? | MINING ...MINING.com - 12 h ago"When this market turns it will be a lot of fun again."http://goo.gl/dnCscG

[steve73] 03/9/2016 08:46

More fuel to the fire - as it were...

[steve73] 03/9/2016 05:04

Uranium getting some wider coverage now...





Even...
But perhaps the best way into uranium for a UK investor now is specialised fund Geiger Counter Ltd (AIM:GCL), which invests “primarily in the securities of companies involved in the exploration, development and production of energy, predominantly within the uranium industry.”
...in.

[shavian] 01/9/2016 18:54

Cool new thread, Steve. Well done.

Second RNS from Fission in a few days further good drilling results at PLS...



The Triple R deposit is really shaping up to be the 'Monster' it has been called. Right next door to Nexgen and Purepoint too. GCL seems to have this sorted. All we need now is for the tide to turn for U3O8. I hold FCU and GCL.

[my retirement fund] 31/8/2016 12:49

Thanks for the thread update

[steve73] 31/8/2016 12:27

Thanks tonsil - welcome aboard.

As you might have noticed from my other threads & posts I'm an oily bull....but have decided to diversify little whilst sticking with the energy theme.... and decided this one needed an updated header. Be good if it can be as balanced as my PMO thread often is... and all pretty good natured.

[tonsil] 31/8/2016 09:20

Steve
Hi good luck with this - it needed a new thread. You will need to keep visiting the old one to tell people about the move.

Cameco and Denison still in the doldrums but i do expect some action in the next few months. It will be tentative and then a big rush.

[steve73] 30/8/2016 09:13

Hi all. I'm not sure if "dasv" is still around but this thread is a little out of date.
I've just created a new one which I will try to keep up to date at...



Please join me over there for any discussion.

I don't (can't) moderate as I like to hear both sides of any discussion - but please can any idiots stay here... ;-)

[steve73] 30/8/2016 08:37

I've created this thread as the other ones are all a bit out of date... I'll try to keep this one updated.

[steve73] 30/8/2016 08:33

Geiger Counter Limited is a closed Investment Trust managed by New City Investment Managers who also manage City Natural Resources (CYN), Golden Prospect Precious Minerals (GPM), New City Energy (NCE), and New City High Yield Fund (NCYF).

Web link for New City Investment Managers...

Web link for GCL...








Recent Results (may not be the latest if I’ve not kept this header up to date…!)


6-months to Mar-22.

Canaccord report dated 2 Feb 2022 here:


Useful news websites below (others can be added on request):
Good background info here...


Up to date News.


Here is the replay of the Bloor St on-line Uranium conference event of 31st Mar 2022. 3.5 hours of presentations from "many" of our constituent holdings. Worth listening to. (thanks to poster kiwi7 for this.)


If there’s anything else anybody wants added...just let me know.

U308 price available here;



NAV chart can be found here..



Top 5 holdings - Dec '23 update:

Name...............(% of Gross Assets)
Nexgen Energy........23.5%
UR-Energy............11.5%
Cameco...............10.3%
Uranium Energy........8.0%
Paladin Energy AUD....8.0%

Top 5 Holdings Represent 61.3%, Leverage 116%.


Nexgen Energy


UR Energy


IsoEnergy


Sprott (Uranium Participation)


Cameco


Others - prev. top 5's

NAC Kazatomprom JSC - Plot not available, but the following link shows the price trend...

Denison Mines


Fission Uranium



U3-O8 spot price.

[tonsil] 25/8/2016 09:01

Double bottom looming?Uranium miner Cameco (NYSE:CCJ) has dropped close to its 52-week lows after losing almost 22% of its market capitalization in 2016. This weakness at Cameco has been driven by lower uranium spot prices, which have taken a massive beating of over 22% this year on account of the oversupply in the market.Cameco's woes were exacerbated further by the company's terrible second-quarter results last month, where it missed the bottom line estimate by a wide margin of 23 cents. What's even worse is that Cameco posted a loss of $0.14 per share while the expectation was for a profit of $0.09 a share. Additionally, Cameco's outlook was not that great as the company sees its consolidated revenue decline in the range of 5%-10% this year, while average costs are expected to rise 5%.

[shavian] 23/8/2016 21:03

Whatever NEX?



Great new drilling results ona stepout from Nexgen's Arrow deposit

[escapetohome] 22/8/2016 15:58

Nav 24.33

Up 0.01 since yesterday. Nice!

[escapetohome] 21/8/2016 10:03

Good news. Thanks for the update. Hold a few thousand of these.

[shavian] 21/8/2016 08:55

Drilling update from Fission Uranium (FCU):



FCU reports good progress with 2016 Summer drilling programme, linking up two of the zones to the west of the Triple R deposit and not included in the present MRE. Also proving up the eastern extension under Paterson Lake.

I recommend a viewing of the PLS Animation on the FCU website, which terminates with a flythrough of the proposed open pit which involves damming the lake.

I'm surprised at the lack of reaction to this news on Thursday, given the big spike which Purepoint received in the previous week from Nexgen's strike on its claim boundary. Maybe this week will wake it up. All good stuff for GCL which holds all 3 companies in its top 10

[dogberry202000] 17/8/2016 13:06

Replace xx with tt.

hxxp://www.world-nuclear-news.org/C-Fifth-Japanese-power-reactor-restarted-1208164.html

[shavian] 16/8/2016 19:06

Apologies: I keep calling Purepoint PPU, it is of course PTU.

And it's flying again today - up 13% so far. Topped up GCL again this morning. NAV over 24p again.

[my retirement fund] 15/8/2016 18:17

Starting an accent on rising volume.

[shavian] 14/8/2016 07:49

Aha! Update on post 1512 re Purepoint's 40% rise in the week:



So, PPU know of no obvious reason for the volume, BUT Nexgen made a strike 150m from the claim boundary, so this was just speculative buying. And which company is GCL's biggest holding? NEXGEN.
Dogberry's point about the management of GCL is very well made!

Edit: Here's what all the fuss is about at Nexgen, follow the link to a wonderfully detailed news release on their new Harpoon discovery just across from PPU's Spitfire project, and along the same corridor as Fission's PLS 'monster'. Very exciting stuff.



All three companies feature in GCL's top 10. You might say that GCL 'has all its ducks in a row'!

The real geeks among us might like to look at the monthly Athabaska Basin summary newsletter of all the regional projects published in the news section of the PPU website. Looks to me like GCL has the cream of the crop, available to us at a near 30% discount. Although I own and very much like FCU, it seems daft to spray money around the individual companies when GCL's management seem to be doing a brilliant job in spraying it around for us!

[my retirement fund] 13/8/2016 23:19

Hmm they wouldn't have taken them if they didn't think they could sell them on for a profit !

[shavian] 13/8/2016 17:46

With £120k+ sales and zero buys on Friday I wouldn't be surprised to see a markdown by the mm 's on Monday -an even bigger bargain.

[dogberry202000] 12/8/2016 20:11

Reading through the half yearly report, it is hard not to be impressed with the managers choices and scale of GCL's holdings. I realise that there have been some ajustments since then, but I get the impression things are on a hair trigger here. Once GCL gets going it will be already too late to get in at a bombed at level. One of their well managed Canadian minnows, Kivalliq Energy Corp, went up this evening nearly 22% on just 5000 shares traded. You need to see much bigger volume then that for price action to be valid but it shows how a miniscule number of shares can affect prices in these Uranium companies.

I added a few today to round out my holdings. It will be sitting tight and doing nothing from now on, regardless of what happens to GCL in the near to medium future.