Yellow Cake Share Discussion Threads

[bmcb5] 16/3/2021 13:04

And now UEC have announced that they are buying 400,000 lb

Spot price beginning to move?

[jaf111] 16/3/2021 12:17

So much for a nice turn!!!
Not good timing selling this morning.....

[bmcb5] 16/3/2021 11:24

@zcap GCL was actually at a discount to NAV on open yesterday. It opened at 33.xp, and the NAV as at close of 12/3 was 34.15p (although this NAV wasn't published until later)

When today's NAV is published, it may well show that this morning's open was also at a discount.

[dogberry202000] 16/3/2021 10:12

With an ICL due in a few weeks you might get in again after scalping here. But after Denisons' actions in the uranium market last night I consider the current price a bargain. Yet I do not hold YCA. My board ( GCL ) is as quiet as the night. Uranium is still under the radar of most mining investors let alone generalists.

[jaf111] 16/3/2021 08:46

Indeed Sky....a decent turn for us both then....
History suggests we will both be back in before long!!!

[skyship] 16/3/2021 08:22

Personally happy to take the turn yet again - somewhat larger than expected!

Question is - will I be able to get them back again...

[zcaprd7] 16/3/2021 08:17

I know, I saw someone had a ratio of 4:1 yellow cake / GCL, but I'd be happy with 50/50. However, I am stingy, and I was waiting for a a discount to nav to appear on GCL before dipping my toe there...

[bmcb5] 15/3/2021 23:24

Welcome zcaprd7. Good luck with your investment.

I see that Denison Mines have announced they are buying 2.5M lb from spot as a long term investment.

Supply is tightening all the time. We just need to be patient and the rewards will come.

But yeh, GCL is on a great run - as is most of the sector tbf

[zcaprd7] 15/3/2021 17:12

Annoyed I went for this rather than GCL now.... Just opened a position last week here (waves hand).

[skyship] 15/3/2021 15:36

Uranium Participations (TSX:U) up 3.5% in Toronto

[quepassa] 15/3/2021 15:26

Energy Fuels UP 13% today.

New all time high yet again @ $6.70

Up 700% in just twelve months.


all bodes well for Yellow Cake.



ALL IMO. DYOR.
QP

[quepassa] 15/3/2021 15:20

Sector bellwether ,Cameco makes new 7 year high and rising fast @ C$ 23.00
Up 7% in today's early Toronto session. Up 250% in twelve months



And Denison Mines plus 15% today @ C$1.64. New all-time high.

Denison is up more than 500% over twelve months,



ALL IMO. DYOR.
QP

[harleymaxwell] 15/3/2021 15:09

moving up with GCL too

[riverman77] 15/3/2021 11:50

When is the Uranium price ever going to rise? The company certainly puts forward a very strong case why it should be much higher but it never seems to move. I guess one for the patient.

[sea7] 15/3/2021 11:32

For more than 50 years, Niger's mining companies SOMAÏR and COMINAK have been developing value from the country's uranium potential by mining déposits located in the northwest of the country in the desert region of the Aïr. Since the 1970s, industrial activity generated by site operations has been a major asset for regional and national economic and societal development. Following the depletion of its resources, the COMINAK underground mine will cease production on March 31, 2021

[skyship] 11/3/2021 15:11

Lord M. - also a swing trader - back in again @ 222.4p - perhaps too soon this time.

[lord mandelbaum] 11/3/2021 13:12

Does anyone have any thoughs as to the daily price action?

I've watched it for weeks and daresay I;m not the only one who finds it erratic at best (most likely by design) hence I'm in the swing trading camp with the emphasis on being in rather than out given the longer term U bull-case.

[pob69] 09/3/2021 17:57

Climate change commitments could encourage a demand in Uranium: Yellow Cake CEO

[jaf111] 09/3/2021 10:44

completely understand Sky....I too have been trading this but working on / hoping for slightly bigger moves!!!

[skyship] 09/3/2021 10:37

Sorry JAF - out again...happy just to trade for the timebeing...

[jaf111] 09/3/2021 10:19

well done Sky....hopefully!

[skyship] 09/3/2021 08:45

Incidentally, bought back in at 219.5p average.

[skyship] 09/3/2021 08:38

Last year's Spring surge took U308 up from $24 to $34. A 61.8% FIB retracement would take it back to $27.8 - pretty much where it now is.

So hopefully the price should steady (it has), find support and move ahead again after a period of consolidation.

[sea7] 08/3/2021 09:15

MMCAP taking a 14% stake

MMCAP is a caymen islands based hedge fund run by Matthew Maclsaac

[goodgrief] 07/3/2021 17:59

VSA commentary