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« Uranium, gold and the markets | Main | URANIUM STOCKS: Buy the Rumour and Sell the News »
Wednesday
Mar142007

Uranium-stocks: portfolio Update 14 March 2007

The Internets free portfolio of uranium stocks, updated by popular demand.
The following is a list of our uranium stocks and our investment strategy for each company.

Cameco Corporation – Watch
To resolve a problem we must first state clearly what the problem is. Then we can compile a solution and a plan. The plan can then be used as the basis for a schedule for execution and a cost profile can be generated to monitor expenditure. Until these documents are formulated and published we are still in the woods. The stock has been improving and trades at $43.71 Canadian.

Rampart Ventures Limited – Bought and will hold.
We bought RPT on the 19th February 2007 for $0.42 and it is currently trading at $0.370, back to square one. (Now RPT Uranium)

Uranium Participation Limited – Bought and holding
U is currently trading at $14.25 Canadian and is up 20% since we bought at $11.97. We will continue to hold, as it is a direct uranium play without the risks inherent in mining.

Strateco Resources Inc – Watch
RSC is currently trading at $2.76 Canadian. We have been watching this one for some time but have not made an investment. Strateco has a pulled back a little recently so maybe a cheaper entry level is about to present itself. We do not own this one at the moment.

Fronteer Developments Group – Hold/Buy.
Having sold 50% previously we got back in at around $8.33 USD and FRG is now at $11.10 for a gain of 33%. The original purchase (50% we held) was made on the 15 July 2006 at around the £4.70 level so that is showing a gain of 136%. We are still quietly confident that it can double in value in 12 months or less, so we will hang on to them.

Crosshair Exploration and Mining Corporation– Neutral.
Having taken a small profit and moved to the sidelines we continue to watch CXX. The stock is trading at $2.97 Canadian and we are neutral at the moment, but it does appear to have formed a decent up trend recently.

Laramide Resources Limited – Buy
LAM is currently trading at $10.70 and has made great progress since we bought at $5.78 on the 28 July 2006 for a gain of around 80% at which point we sold 50% in order to raise some cash to invest elsewhere.

Energy Metals Corporation – Watch
EMC was at $8.89 two months ago and is now at $9.92 and has suffer a little in this current pull back, however it has progressed very well since we first wrote about it in September when it was trading around $5.70. We do not own this one and have to content ourselves with a dream that an opportunistic entry level will show itself one day.

Eagle Plains Resources – Watch
EPL was trading at $0.75 last month and is currently trading at $0.73. Despite a spike upwards EPL appears to be consolidating or going sideways at the moment so will observe the price action and the companies efforts to make things happen.

Mega Uranium Limited – Buy
MGA is now trading at $5.62 and would appear to be suffering from this latest market pull back.

Rodinia Minerals Inc. – Watch
RM was $0.80 when we first wrote about it on 15 August 2006 and two months ago it traded at $1.27 Canadian but has since dropped to $0.93. We did mention the thin volume last month so continue to take care with this one.

Santoy Resources Limited – Bought and hold
SAN is doing very well up from $0.81 that we paid on 27 December 2006 to trade at $1.32 today. The volume has been very strong which is a healthy sign though we could be in a period of consolidation in the near future. Mind you the effect of the sudden price rise in uranium this week could easily scatter the market today, in either direction.

Khan Resources Ltd - Buy
We bought Khan on the 5th March at £3.63 and it closed today at $3.75, not much change but we have only just made an investment.

Aurora Energy Resources - Buy
We bought Aurora on the 5th March 2007 at $14.17 and it is trading at $13.49 as we write, a victim of the current market shake out, however we still expect it to head north once things calm a little.

Uranium:
Putting the flood at Ranger to one side, as it could be a one off incident that Ranger can get on top of quickly we still remain confident enough to stick with our target prediction of $200.0 per pound for uranium with a possibility of it hitting $125.0 in 2007.

Don’t be put off if we have not bought your favourite uranium stock, there are times when want to make a purchase but just can’t raise the cash. Also we are aware that there are a number of excellent stocks out there but due to time constraints we have not been able to do them justice in terms of research etc.

Please feel free to send us your comments we really do appreciate them and they are certainly a benefit everyone.

Our IT expert, Dan Chubb is working on providing us with a Forum, which we should have up and running in a week or so. (But he is IT if you get my drift?)

Many thanks to all of you who have signed up for our newsletter; your response has been absolutely fantastic as the numbers jump up on a daily basis. We now have readers from all over the world, including banks, investment institutions and private individuals.

Please accept our apologies if we have not responded to your particular email we will try to do better next time.

Enjoy this day.

13 March 2007


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Reader Comments (11)

When a forum is launched, I would like to know if anyone has info or thoughts about Uranium Star Corp. (URST) as well as Uranium Resources, Inc. (URRE). Thanks so much for this informative site...really excited to find something following uranium specific stocks!
Thanks

March 16, 2007 | Unregistered Commenterpetitmartinique

Hi and thanks for a great web site. Right now I have Vena, VNARF and ESO Uranium and a little URME. What do you think?

March 22, 2007 | Unregistered CommenterRandy

Randy, We get lots of requests of this nature, some of them list 20 odd stocks, so its not possible for us to keep bang up to date on all of them.

We like to review a stock initially and if we like it, it goes on to the Watch List, from then on we observe it closely and try to gather as much information as possible. Some stocks go on to the Watch List and off it again six months later when we think that funds would be better deployed elsewhere.

Regaeding the stocks that you have mentioned we would rather not comment for the simple reason that we do not know enough about them, apart form ESO Uranium. However do keep us updated on their progress and if you have a favourite stock write and explain to us why you bought it. This would be of great interest to our readership and you might generate some feed back that is useful to you.

March 23, 2007 | Unregistered CommenterUranium Stocks

In 1998 I started to invest in silver and uranium shares and I bought:
Cameco, International Uranium(now Denison)and Strathmore
Pan American Silver, Silver Standard and Hecla
I never sold any shares, but bought more shares at big corrections, so now I have f.inst. 0.5 mil. Denison and 1.2 mil. Strathmore Minerals (ticker: STM) shares.
I have no money but plenty of share, and the bank is more then eager to lent me money to buy more shares.
Strathmore is still the most undervalued quality uranium share you can find on the market. I have been in close contact with the management since I meet Dev Randhawa and David Miller in Paris one year a go. I will claim that STM have one pound per share at an uranium price of 35 USD/pound, 1.5 pound per share with an uranium price of 50 USD/pound and I do not know the number of pounds per share at 91 USD per pound of uranium. But I know that similar quality uranium shares cost 8 to 10 USD per pound of uranium in the ground. Go to: www.strathmoreminerals.com and see the company´s investor presentation (on front page)
Regards Finn Kallemose

March 24, 2007 | Unregistered CommenterFinn Kallemose

welcome opinions on forsys metal (fsy) looks like it s ready to take off. thanks- also enjoyed insight on stm

March 25, 2007 | Unregistered Commenterlatitude38

Can you give me your take on a stock called forsys metals.
ticker-FSY-t. It has advanced uranium projects in Namibia Africa. The share has risen 5 fold in a year. Should I be buying more.

March 25, 2007 | Unregistered Commenterdiesel al

This stock was at $2.00 in October last year and now it stands at $10.00 - well done indeed. We are not allowed to advise you as it is against the 'regulations' however, conventional wisdom would suggest that you take some money off the table as the market has smiled on you. We don't know that much about this company other than it has one uranium mine in Namibia and some other interests in gold, Zinc and Copper. You may well be on to a real winner but only you can make that decision.

Other readers may have more knowledge so we invite them to join in with their views, which may help you with your decisions, we can only wish you well.

March 26, 2007 | Unregistered CommenterUranium Stocks

Why isn't anyone bullish on the only US-based U308 producer, URRE.ob?

http://www.u3o8.biz/s/UraniumStocks.asp?ListSortOrder=Custom50,Title

March 26, 2007 | Unregistered Commenterzman

Just got some news from Forsys metals. There will be a conference call on March 27th. North american toll free # is(800) 273-9672.
resource estmate at Valencia uranium project is-

indicated u308 is .08kg per ton 104 million tons indicated.
measured u308 is .08kg per ton 15 million tons measured.
Feasability report coming soon.
The company expects to mine 34 million pounds in two years.

I think I will buy more.

March 27, 2007 | Unregistered Commenterdiesel al

We are not too keen on buying what looks like the top of a spike, but don't be put off by us, when a stock performs like this it could go anywhere.

March 27, 2007 | Unregistered CommenterUranium Stocks

URRE was a recommended stock by Sprott Securities report which is located on the U3O8.biz website (probably have to look thru archived reports to find it). They gave an in-depth analysis. also, it has been recommended by more than one newsletter.

On another note, it appears many readers of this site are not availing themselves of newsletters that follow mining stocks, especially uranium stocks. I could not make decisions on my own about these uraniums as I don't have the resources or time to do the necessary company analysis. But it is worth every penny to me to pay a newsletter; I have made money and more importantly, have avoided investing in the wrong companies.

March 27, 2007 | Unregistered Commenterstoneygulch

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