Geiger Counter Share Discussion Threads

[quepassa] 08/3/2017 08:13

Energy Fuels up 13% yesterday whilst others made useful c. 2% gains.

ALL IMO. DYOR.
QP

[quepassa] 07/3/2017 09:49

Fully, fully concur.

After such a meteoric rise, there is always some understandable temporary back-peddling and short-term profit-taking whilst the market pauses for breath.

The recent 20% fall still means that the share is up c 100% on its May 2016 price of 13p.

The general market thesis that the demand for uranium will increase exponentially over the next few years remains both intact and compelling.

ALL IMO. DYOR.
QP

[masurenguy] 07/3/2017 08:45

The GCL shareprice tends to track Camco on the TSX. The latter is down by circa 13% over the past few weeks but is expected to resume an upward trajectory with analysts having raised their earnings estimates and uranium prices continuing to rise. The recent 20% fall in the GCL shareprice from its peak of just under 33p some 3 weeks ago might be viewed as a good opportunity to either buy or top up here.

[papillon] 06/3/2017 12:08

Whoops! Big fall so far today.

[leeson31] 01/3/2017 18:29

Uranium looking like bottomed.. onwards and upwards....

[quepassa] 01/3/2017 14:52

the uranios are all marching forward today.

all imo. dyor.
qp

[shavian] 28/2/2017 14:24

I hate to admit it but he's probably right this time, on David Cates's fundamental case.

And on the charts,since the sudden rise at New Year paused for breath mid-Jan, GCL's share price has now had 3 goes at breaking down through 27p, with slightly less success each time. Could this be a short-term triple-bottom?

An article today on Seeking Alpha is saying much the same about URA. Let's see if the U spot price (see header) goes much below its 50 DMA. If it hesitates, I'm back in.

[papillon] 25/2/2017 13:35

You could be right there, Shavian!

[dogberry202000] 24/2/2017 13:55

I found the interview on YouTube. David Cates is an impressive and obviously capable CEO. His explanation of the complicated but fascinating function for the producers of "underfeeding" and its effects was excellent. The next move up is likely to take place soon. My strategy here is add, when possible, and then sit and wait out corrections. Cates thinks we are roughly where the bull market was in 2004. Even then there were tremendous gains to be made.

[masurenguy] 22/2/2017 01:22

Closing shareprice circa 10% below NAV.

[jitters3] 16/2/2017 09:07

My buy showing as a sell

[quepassa] 15/2/2017 10:44

On 13th February,

Cantor Fitzgerald issue Broker Note on uranium major Cameco and UPGRADE their recommendation from Hold to BUY and significantly INCREASE their PRICE TARGET by 10% on Cameco to $16.90.

This will further support and boost share prices for other uranium producers.

More positive news for the sector.

And more positive news for Geiger's portfolio where the current discount to NAV of some 10% still remains, in my view, significantly behind the curve.


ALL IMO. DYOR.
QP

[wskill] 15/2/2017 10:02

With this amount of new plants they will need to stockpile a large amount if they do not want to send the price through the roof.

Presently there is not enough uranium being mined for the present 450 plants never mind the 150 new plants being built.

[lasata] 15/2/2017 09:48

Wonder when China will not need to import uranium?



China has stated it intends to become self-sufficient not just in nuclear power plant capacity, but also in the production of fuel for those plants. However, the country still relies to some extent on foreign suppliers for all stages of the fuel cycle, from uranium mining through fabrication and reprocessing, but mostly for uranium supply. As China rapidly increases the number of new reactors, it has also initiated a number of domestic projects, often in cooperation with foreign suppliers, to meet its nuclear fuel needs.

The national policy is to obtain about one-third of uranium supply domestically, one-third from Chinese equity in foreign mines, and one-third on the open market. Increasingly, other stages of the fuel cycle will be indigenous. Uranium demand in 2020 is expected to be over 11,000 tU (with 58 reactors operating), in 2025 about 18,500 tU (for 100 reactors) and in 2030 about 24,000 tU (for 130 reactors). UxC reports that China imported over 115,000 tU over 2009-14, notably 25,000 tU in 2014 and 10,400 tU to July in 2015. With annual consumption currently about 8000 tU, much of this will be stockpiled.

[harijan] 15/2/2017 09:18

I wonder how those wise guys, who were boasting that they had sold a few weeks back, feel now? "Well into bubble territory" they claimed. LOL.

[wskill] 15/2/2017 09:01

looks like a breakout to me, read an article from a fund manager last year about GCL who said that it was the most undervalued stock in his fund which led me to buy a few .

[mad foetus] 15/2/2017 08:53

Got the first buy of the day at under 32p. May trade it, though I love the long term story

[dogberry202000] 14/2/2017 21:13

Really useful link, Bonnard. I like this fellows analysis.

[sideshowbull] 14/2/2017 20:55

Looking great for us.

If anyone is interested I have a chart of progress on trading view.

All the best.

sideshow

BWTFDIK

[bonnard] 14/2/2017 17:43

This video talks about what happened to Denison, Cameco and Paladin in the last Uranium bull market.

[bonnard] 14/2/2017 17:37

Also Uranium Energy +5.2%

[mad foetus] 14/2/2017 16:21

Thought about topslicing at 31.66 but can't see anything I prefer the look of. If we can consolidate above 30p and if the seller has gone then sentiment will change rapidly.