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Uranium One Inc. (UUU.TO)

COMMENT
He would love to buy a uranium company. Most of the uranium companies have debt loads that are too high for him. Those that have uranium in countries such as Russia always concern him about corruption. Also, the government could change the rules and say they want a bigger piece of the action.
PARTIAL BUY
(Market Call Minute.) This is the uranium name to go to. The uranium space will be in a bit of a penalty box and prices will be range bound for the next few years.
TOP PICK
Feels that uranium prices have bottomed. Supply/demand situation in 2013 looks pretty tight. This is one of the lowest cost producers at about $18 per pound. See a double in the stock price.
COMMENT
Attracted to the entire uranium space. Uranium companies, including this one, are beginning to work their way through operational difficulties that have challenged them over the last 2-3 years. Doesn't own this but is positively inclined to it.
BUY ON WEAKNESS
Chart shows a nice little rounded bottom in late 2011, which portends well that it is going to continue on up. There will be a little bit of resistance just above the $4 level. Let it pull back to about $3.
HOLD
Probably your “go to” name in the sector. While uranium has crept up in terms of price per pound over the last couple of months, it is hard to see visibility going forward. The fast-growing story for uranium is China but a lot of that issue has been purchased already.
COMMENT
After the disastrous earthquake and tsunami in Japan last year, the world basically said that no one is ever going to put another piece of uranium in a nuclear reactor and the entire nuclear industry is going to shut down. Probably an oversimplification. There is need to fuel the existing nuclear reactors. Nuclear power still presents the best trade-off between environmental costs and reasonably priced energy so he is a believer in nuclear energy. However, he would prefer Cameco (CCO-T) which has the contracts, the uranium, the production and a more horizontally diffuse industry than the small ones.
DON'T BUY
He has basically decided to steer clear of uranium stocks for the near-term. The disaster in Japan and governments indicating they're not going to go to declare is giving enough headwinds.
COMMENT
Debentures maturing Dec 31/11. Doesn't see any problem with this as it is a very short period of time. A pretty small company so he would be hesitant to recommend anything beyond a month or 2.
DON'T BUY
Not bullish on uranium. Doesn't really see the spot price escalating to $100 in the next year or so. Governments are looking to reduce their exposure. Not sure if the demand from China and India will offset the lack of demand from other nations. Doesn't think they are focused on growth for shareholders.
SELL
There is some risk. There will be support around $2.40 and then around $2 and then $1.90. It is weaker shorter and longer term. Nothing technically is driving it up right now. Below $2 sell it.
BUY
Bonds maturing December 31? 4.25% coupon and are trading at a discount. Will likely need financing to redeem this position which is why they are trading at a discount which is why they are trading at a discount. Thinks they will be able to tap the market at a reasonable rate.
DON'T BUY
Doesn’t like the uranium space. Very politically sensitive now.
DON'T BUY
Doesn't like this stock. Keeps on making new lows. The last little downtrend is very sharp. Volume is getting worse and worse. He would avoid the whole sector.
COMMENT
Russians own 51% of this company which gives it a discount. Low operating costs. Located in Kazakhstan so you have to be aware of the political risks. Expanding into Africa. A bit of the overhang now is that people are expecting an equity issue or some sort of finance.
Showing 31 to 45 of 236 entries