An interesting announcement yesterday from Uranium Participation Corporation as they issued a news release outlining their intention to sell shares in order to raise funds to buy uranium. According to Reuters the company said (read more…)

Following on from the decision by the Northern Territory Government to allow a uranium exploration project, Independent federal MP Bob Katter has called on the Queensland state government to overturn the ban.

Bob Katter said (read more…)

Mega Uranium Limited have issued the results of the results of its Phase three drilling program on the Mustang Lake property and the phase one drilling program on the Bruce River property, both form part of the Central Mineral Belt of Labrador.

The company said that (read more…)

Fronteer Development Group (FRG) put in a great day rising $0.69 to trade at $9.37 as we write. Fronteer is a play on both gold and uranium so this stock benefited from the rise in gold and also from a news release regarding Aurora Energy Resources Incorporated (AXU) in which it holds a 42.3% interest (read more…)

This chart is courtesy of www.U308.biz.

It comes as a welcome relief to see the uranium stocks sector reverse the downward trend and stage a mini rally. Throughout this period of carnage which saw stocks losing 50% plus of their value it has been hard to hold on to theses stocks. Wrongly or rightly we decided to grin and bear it and not sell any of our stocks and subsequently register the associated loses. Our portfolio is battered and pales in comparison to our gold and silver portfolios. However we still believe in the nuclear future with the fundamental criteria for uranium being little changed. We could well look back on this period as the buying opportunity of a lifetime even though a victory looks improbable when you are on the ropes (read more…)

Mega Uranium Limited gained $0.60 today on volume of 1.46 million shares traded to close up 23.08% at $3.20, along with a number of other uranium stocks that also made good gains (read more…)

On turnover of 655,000 shares Khan Resources Incorporated gained $0.35 or 25% to close at $1.75, as the uranium stocks generally had a pretty good day.

Well just maybe the uranium cat is not so dead after all (read more…)

Our readers have asked is this a Dead Cat Bounce or Trend Reversal? So we took a quick look. Whilst pouring over the charts of a number of uranium stocks we were frankly amazed at some of the lows that these stocks have touched. Is it safe to buy now (read more…)

Aside from our main investments in gold, silver and uranium, we have take a speculative position on the US financial sector.

The problems of the financial sector begun with the sub-prime crisis but we believe it will spread to all areas of real estate and this will have a massive impact on a myriad of financial sectors, such as bond insurance companies, all across the world.

It is clear to us that this Bernanke led Fed committee is nothing but a one trick pony when it comes to solving economic turmoil (read more…)

It is a change to see that not everyone is totally convinced that Biofuels are the solution to a clean environment.

In the mail bag today we were alerted to this article in the Environmental section of The New York Times entitled: “Biofuels Deemed a Greenhouse threat”

The article is well worth a read if you can find the time to read it. Here is a short extract to wet your appetite (read more…)