The Prime Minister of India, Manmohan Singh, is being very smart regarding his country’s nuclear power program.

Today he said (read more…)

Australia and Mongolia are two of the richest countries in terms of uranium reserves, with Australia having the largest uranium reserves in the world.

Australia is about to finalise a deal with (read more…)

According to the FP Trading Desk Aurora Energy Resources Incorporated is expected to add 42 million pounds of uranium to its resources base (read more…)

Its the time that all uranium stock holders have been anxiously waiting for. The day of turnaround. The day when the correction ends and our uranium stocks start ticking upwards again.

We have always been absolutely confident that this turnaround would come, the fundamentals are relatively unchanged as countries all over the world are turning to nuclear power, and therefore uranium. The only question was, when would this day come?

The answer is (read more…)

During the turmoil on the 17th August 2007 we bought some more shares of Khan Resources Incorporated for $1.70. The purchase was made as a speculative trade as Khan announced that they had a problem with license 9282X as it was considered to be invalid by the powers that be in Mongolia (read more…)

The resources at the Olympic Dam Project owned by BHP Billiton could be 50 per cent greater than previously calculated. The future chief Executive Marius Kloppers said (read more…)

The uranium sector has suffered a serious hammering during the global market sell off; however, many of the uranium stocks are now on the road to recovery.

We have just completed a review of the charts for many uranium mining stocks and the patterns although not identical are fairly similar (read more…)

The spot price for the world’s future energy material, uranium, has fallen to around $90/lb according to the Ux Consulting price indicator. Over the road we have $105/lb from TradeTech and a taking a quick look at the NYMEX Futures market we have (read more…)

The global market sell off took its toll on our portfolio of uranium stocks. It is a thin market so any sort of selling pressure hit home very hard. TradeTech’s spot price remains at $105/lb for U3O8 with deals being non-existent as all eyes are focused upon the recent auction results, which have yet to be made public (read more…)

Today Mega Uranium issued a statement regarding its current position, which reads as follows (read more…)