Geiger Counter Share Discussion Threads

[dogberry202000] 04/1/2017 13:08

Goodness gracious! I was hoping this one would go down and not go up! I wanted to pick up more shares from discouraged investors. I blame Shavian for drawing attention to GCL! It was bad enough that someone from Miton drew attention to this one a few weeks ago. ;)

[dr know] 04/1/2017 09:07

Shavian, you are not talking to yourself.

I bought some and am following this one. My objective is that it reaches 60 in the next three years as the next round of supply contracts are renegotiated and the new Chinese reactors come on stream.

[shavian] 04/1/2017 08:54

NXE up 7.7% yesterday, FCU up 4.7% , NAV up a bit, so the MM keeps walking the price down. WTFIGO? Thanks MMs for giving us longer to top up. 2017 will be the year of recovery for U3O8 and its miners. It's just that we don't yet get it this side of the pond.

[shavian] 30/12/2016 08:13

Watch out for a further rise in NAV. New optimism blowing through the uranium miners this month. Further rises in NXE and Purepoint yesterday.

[shavian] 25/12/2016 00:50

Thanks Steve, I thought that by capitalising the H of Http the link became readable. It worked before. Strange. Happy Christmas all.

[netley lucas] 24/12/2016 02:17

Nice chart mate, have a good one ;)

[steve73] 24/12/2016 02:04

Keep it up Shavian. I'm sure others appreciate your research, as do I.
Xmas wishes to all who venture here..

...edit..

Strange that your links are not "clickable".... but I've copied them below - and now they seem OK...?

[shavian] 23/12/2016 19:25

Me again (groan): Uranium investing News forecasts the top 5 uranium investments for 2017, including:- Cameco- Uranium Participation- Nexgen3 out of 5 can't be bad! And a rising U3O8 price too!Great tidings of goodwill for GCL!!Http://investingnews.com/daily/resource-investing/energy-investing/uranium-investing/uranium-outlook/?mqsc=E3863637

[shavian] 22/12/2016 08:40

New presentation from Nexgen.Http://www.nexgenenergy.ca/_resources/presentations/corporate-presentation.pdf

[shavian] 22/12/2016 08:22

Further stonking drilling results from Nexgen:Http://www.nexgenenergy.ca/news/index.php?&content_id=269Looking forward to a big rise in NAV over the next few months as the demand for U3O8 builds up

[bonnard] 21/12/2016 09:39

Spot price of Uranium up over 20% since a week ago, but not yet showing in the media.

[masurenguy] 19/12/2016 14:09

Interesting ! Current discount to NAV is 16% and NAV has increased by 51% over the past 12 months with considerable potential for further increase in the future, according to Cantor !

Cantor Fitzgerald, predicted this year that a “violent increase” in uranium prices was on the way. Cantor predicts that up to 80% of the uranium market could be uncovered by 2025. Moreover, it believes demand will outstrip supply, saying: “The low-price environment has choked off exploration activity for uranium and we are at the point where there are not enough uranium projects in the pipeline that can adequately meet the coming demand.”

[shavian] 15/12/2016 19:11

Further uplift in NAV to 22.43p. The reason? Nice early Xmas prezzy from Nexgen: more good assay results from infill and extension drilling yesterday:Http://www.newswire.ca/news-releases/nexgen-returns-multiple-high-grade-intersections-at-arrow-606499026.htmlSp should play catch-up shortly. U3O8 spot prices showing more strength too. Happy days may here soon!

[quepassa] 09/12/2016 07:01

Additionally, I just checked the latest NAV for Geiger Counter announced yesterday 8/12.

The stated NAV is 20.88p per share as at 7th. Dec.

So the recent rapid uplift in the prices of Cameco/Nexgen are most certainly already priced in and reflected in the latest NAV figures.

With a Geiger Counter share price around 18/19p mid-market, the share price is currently fully up with latest revaluations of Cameco/Nexgen allowing for a c.10% Discount to NAV.

Whilst the big uranium producers are having a great run of late, it is not necessarily the case for smaller companies in the sector, some of which have fallen recently.

Also uranium prices are still very low.

My money is firmly on the uranium majors at the moment.

To illustrate this point and by way of contrast, the NAV on Geiger as at 24th. Aug - some three months ago- was 23.13p per share. So Geiger's NAV has dropped from 23.13p to 20.88p per share in some three months.

It's the sometimes opaque investments in the smaller companies and varying exotic countries which make Geiger a very hard fund to value.

This is where you find daily NAV announcements for Geiger. They list them every day not on the London Stock Exchange but on the Channel Islands Securities Exchange.

Have a look. Hope this helps.



ALL IMO. DYOR.
QP

[quepassa] 09/12/2016 05:33

The point seems to be that the Big Boys (eg Cameco/Nexgen) of the sector have been shifting rapidly ( similar to the commodity majors rocketing from early in the year) and that the sector is evolving fast from multi-year lows.

ALL IMO. DYOR.
QP

[steve73] 09/12/2016 02:42

QP - Nexgen up even more than this over the same period - and they're a much larger constituent of the fund than Cameco.

Time to add to GCL before it realizes..?

[quepassa] 08/12/2016 16:42

Cameco now up c. 40% since November and climbing fast.

That's telling you something.

ALL IMO. DYOR.
QP

[shavian] 01/12/2016 22:52

Epstein Research likes Nexgen:



Great website for research by the way. Check it out

[quepassa] 28/11/2016 19:40

Re 36.

Cameco now up 25% in less than a month from C$10 to C$12.50.

ALL IMO. DYOR.
QP

[steve73] 18/11/2016 01:57

Thanks Shavian,

I've updated some of the header info where appropriate, incl. the U-308 price, and added charts for U-Participation and Cameco (which has also had a useful past couple of weeks).

[shavian] 17/11/2016 19:21

Good drilling results at Nexgen, and Purepoint also rising today.Should feed through to NAV shortly

[timtom2] 13/11/2016 10:41

This has been kept quiet but will have knock-on effects on the only 2 Japanese plant operational, all those mothballed and a lot of the French plant. Could impact others too as the word goes out for quality checks.

It's a problem. Yes, I know about the supply side changes vs future demand etc.

hxxp://www.ecowatch.com/france-nuclear-power-shut-down-2086414462.html

[wskill] 09/11/2016 10:04

Tried to pick up a few this morning but only able to buy at best will keep GCL on my watch list ,they all keep saying there must be an increase in the price of uranium soon with the number of new reactors being built .
Hopefully after I have picked up a few GCL.

[quepassa] 08/11/2016 16:30

Seems and hoping that Cameco may have bottomed.

Have taken good size in Cameco Corp (TSX: CCO).

QP