Geiger Counter Share Discussion Threads

[shavian] 18/1/2017 18:56

Follow the link below to a CDN$ 3 million funding package for Kivalliq Energy, which formed 2.1% of GCL's portfolio at the last interim report. Significantly, $1 million is an investment by growing royalty company Sandstorm Gold (SSL:TSX) in exchange for a 1% NSR. AFAIK, this is Sandstorm's first uranium investment among 133 royalty streams and equity holdings in companies such as MARL. Both parties worth watching from now on. I hold SSL.

[kristini2] 18/1/2017 18:34

if so Shav my sell will be well timed, may re enter lower down

[shavian] 18/1/2017 18:25

I doubt it, as our NAV is bound to be down tomorrow. Patience is called for.

[kristini2] 18/1/2017 17:26

uranium ETF falling today 6%, and Cameco down 13%- i took profits early at 28.75 so it will likely bounce tomorrow .....

[shavian] 18/1/2017 14:39

Apologies QP. In fact it was about 50:50 yesterday, bringing our NAV down a bit.

[quepassa] 18/1/2017 11:36

I am not obsessing over minutiae - and I disagree that most prices were down.

I saw Cameco, Denison up and UUUU.

QP

[steve73] 18/1/2017 08:28

One good thing about the relatively large spread here is that it keeps the short-term traders away. I suspect most here are in for the long haul and so we don't get as much extreme views or "noise" as many of the more active threads seem to "enjoy".

[shavian] 18/1/2017 08:20

In fact, most of the Canucks were down a bit yesterday QP. NXE, FCU, ISO all down 1-2%, only Purepoint on my list was up. U was down a bit as a result, so I expect to see our Own NAV take a breather today. What the hell, we all all obsessing over minutiae now. Relax, uraniums going off to the races.

[dogberry202000] 18/1/2017 08:11

Shavian, I had thought around 25p but there is a lot going on this week, so it's doubtful. If it gets close I'll rebuy some. I rebought some US holdings instead but still retain a good core position in GCL. Cameco had a setback last night with results out and the shares sold off after hours.

[masurenguy] 18/1/2017 08:06

Last nights NAV of 32.6p represents a 44% increase since the beginning of this month.
Last nights discount to NAV was 9.1%.

[quepassa] 18/1/2017 08:04

Uranium stocks up again a little yesterday in US / Canada.

Positive momentum in portfolio holdings continues to be encouraging.

ALL IMO. DYOR.
QP

[my retirement fund] 17/1/2017 23:33

Yea I can really see that, being forced to sell. What do you suppose happened? Burglars broke into the fund managers house tying wife and kids refusing to let go unless they sell? ...duh?

[tonsil] 17/1/2017 21:07

Just banking profits instead of running it

[sideshowbull] 17/1/2017 17:42

COL must be forced seller, surprised, wonder if they are binning more- usual answer is yes.

[eeza] 17/1/2017 14:29

City of London ditched 1 mill shares.

[quepassa] 17/1/2017 10:34

After a major run, always a little backpedaling and some profit-taking. To be expected. Stock pausing for breath.

Investment proposition has not changed for uranium-based shares and remains very much intact.

ALL IMO. DYOR.
QP

[leeson31] 17/1/2017 10:11

i think first dip will be bought..... share price @ 29p is at a discount to nav/sh at 34p, and uranium broken long term downtrend... low vols so far today too...

imo, once uranium gets up past $25, it'll have a good run to ~$35 ..... thats when id expect GCL to motor harder than what weve seen so far...

[masurenguy] 17/1/2017 10:05

Looks like some profit taking today after the recent stellar rise in price. Last nights NAV was 32.44p - up by more than 40% over the past month. Current offer price of 29p represents a 10.5% discount to NAV.

[my retirement fund] 17/1/2017 09:32

Always? My philosophy is always to take big fat juicy profits whilst they are on the table. Many of the smaller listed uranium prospectors have gone well into bubble territory.Never look a gift horse in the mouth etc old chap.

[shavian] 16/1/2017 18:25

Always slightly galling to have trimmed back too early, but that was always a risk and I still have 75% of the holding. Looking for that retrace if the inauguration does not go smoothly.....The Global X Uranium ETF is not dissimilar in content to GCL, to the point that I saw no point in Holding both.BTW Roper old chap, how's Corky?

[quepassa] 16/1/2017 13:23

NAV RNS's;-

16th. December 22.79 pence
16th. January 32.44 pence

One month increase in NAV = 42%

Amazing.

Upwards trajectory has likely only just begun.


ALL IMO. DYOR.
QP

[mr roper] 16/1/2017 13:20

nav at 32.44

[mr roper] 16/1/2017 08:44

that would make sense, mf. not many others I can think off, of the top of my head that give you the exposure that GCL does.