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A visit to the Green Room!

Comments (1) Topic: Other, Uranium — May 15th, 2008

BBC logo 15 May 2008

The Green Room hosts a series of discussion pieces on environmental topics on a weekly basis at the BBC News website. This week Dr Peter Bleasdale argues that Nuclear power has a key part to play in providing the UK with reliable, low carbon electricity in the future.

So, after years on neglect Britain is moving forward, ever so slowly in our opinion, with the establishment of the National Nuclear Laboratory (NNL). This is one of the requirements in the findings of the white paper entitled: ‘Meeting the Energy Challenge (read more…)


  


Uranium: 1,100 claims staked close to Grand Canyon!

Comments (0) Topic: Uranium — May 14th, 2008

Interior department logo 14 May 2008

Within 5 miles of the Grand Canyon National Park, there are more than 1,100 uranium claims, a massive increase when you consider that there were only 10 in January 2003, the Department of the Interior reports.

As the search for uranium continues it would appear that nowhere is sacred (read more…)


  


U308 hits $60/lb!

Comments (1) Topic: Uranium — May 13th, 2008

Uranium spot price 13 May 2008

Just when the uranium stocks look like coming to life the spot price for uranium takes another step lower. According to TradeTech who have reported this decline in the spot market price saying the following (read more…)


  


Uranium down $2/lb, but stocks stir!

Comments (2) Topic: Uranium Mining Stocks — May 11th, 2008

Uranium chart 12 May 2008

Chart courtesy of www.u3o8.biz

According to The Ux Consulting Company (UxC) the price of uranium on the spot market slipped recently $2/lb to $63/lb. However, the long-term price remains steady at $95/lb and over at NYMEX the futures price for most of this year is around $65/lb. But, we can detect some stirring amongst uranium stocks as bargain hunters move to secure stocks at cheap prices (read more…)


  


Uranium stocks get a boost!

Comments (2) Topic: Uranium Mining Stocks — May 8th, 2008

LAM logo 10oct07 ……………. mega logo 10sep07

We have only 2 BUY recommendations in our portfolio of uranium stocks at the moment and they are Laramide Resources Limited and Mega Uranium Limited both up today, 22.37% and 22.95%!

This is what we wrote in the portfolio update, which as you know is published free, on this web site (read more…)


  


Major decisions await the next President

Comments (1) Topic: Other — May 7th, 2008

NEI Logo 08 May 2008

According to The Nuclear Energy Institute (NEI) President and Chief Executive Officer Frank L. (Skip) Bowman:

“No matter who is elected president in November, it seems clear that climate change will dominate the national debate over energy and environmental policy in 2009 and beyond. Whether you believe the scientific evidence justifies mandatory controls on carbon or not, there is one fact on which we can all agree: There is no credible strategy to address the conundrum of climate change and increasing electricity demand unless nuclear power is part of the portfolio (read more…)


  


Aurora Energy: Good drill results

Comments (0) Topic: Uranium Mining Stocks — May 6th, 2008

Aurora small logo

Aurora Energy Resources Incorporated has released an update regarding their current drill programme at the Jacques Lake Resource.

Highlights from their winter infill drilling program were as follows:

- 0.10% U3O8 over 40.79 metres including 0.19% U3O8 over 11.79 metres in JL08-080
- 0.12% U3O8 over 6.00 metres including 0.22% U3O8 over 2.00 metres in JL08-082
- 0.11% U3O8 over 10.50 metres including 0.14% U3O8 over 6.00 metres in JL08-087 (read more…)


  


Indian opposition to uranium mining

Comments (2) Topic: Uranium — May 4th, 2008

Dept of Atomic Energy India 05 May 2008

Opposition to uranium mining in Meghalaya, India, may be dampened as The Department of Atomic Energy (DAE) announced a “detailed white paper” on uranium mining, which would be presented to the Meghalaya Assembly. Mounting protests have put pressure on the government to take action as Meghalaya has 16% of India’s uranium reserves, totalling 13,500 tonnes.

The Union Minister of State, Jairam Ramesh had this to say (read more…)


  


Uranium: Are we there yet?

Comments (3) Topic: Uranium Mining Stocks — May 3rd, 2008

Uranium chart 02 May 2008
Chart courtesy of www.u3o8.biz

This is probably the most asked question that we get in our mail bag these days, uranium stocks looked like bottoming once or twice, which turned out to be a false dawn.

A while ago we wrote about Denison Mines when the stock was trading in the $6.00 range and we thought that this was as cheap as it could get (read more…)


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Shell blows away wind power project!

Comments (0) Topic: Other, Uranium — May 1st, 2008

Shell logo 01 May 2008wind power 01 May 2008Stop sign 01 May 2008

In a disappointing u-turn Shell have pulled out of a prestigious wind power project in the United Kingdom, placing the future of this project in jeopardy.

This flagship wind generation project was to produce 1,000 megawatts of power – enough to power a quarter of London’s residential properties (read more…)


  


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