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Thursday
Mar072013

Uranium One shareholders approve ARMZ deal

 

(Reuters) - Uranium One Inc shareholders voted in favor of an offer from Russia's state-owned ARMZ to take it private by buying the shares it does not already own.

About 96 percent of shareholders voted in favor of the going-private transaction at a meeting on Thursday. The Russian uranium company had agreed in January to pay C$1.3 billion to take Uranium One private.

ARMZ already owns 51.4 percent of common shares in Uranium One,

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Wednesday
Mar062013

PDAC-After Fukushima fallout, future brightens for uranium juniors

 

By Rod Nickel

TORONTO, March 5 (Reuters) - After two years of mostly falling stock prices in the uranium sector, triggered by the Fukushima-Daiichi nuclear meltdown in Japan, junior miners have become attractive acquisition targets as investors eye more bullish conditions ahead.

The tsunami-triggered meltdown led to reactors being shut in Japan andGermany, and uranium prices tumbled as demand shrank. Uranium is now around $42 a pound, well off the 2011 high of nearly $73,

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Tuesday
Mar052013

Better Times Ahead for Uranium Stocks

Scanning the air waves there bits of good news for investors in this tiny sector so we have picked out a few snippets for you:

 

Cameco Corp. is just months away from opening its Cigar Lake uranium project, the world’s second-largest high-grade uranium deposit, more than thirty years after it was discovered and just as global prices for the nuclear fuel show promise of a rebound.

“We’re on track with Cigar Lake.

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Thursday
Feb282013

The Recent Fed FOMC Minutes Should Anger Every Investor

With gold dropping nearly 3% on February 20, we at Casey Research had to look closely at the FOMC minutes, which were partially responsible for that movement. Since there are quite a few highlights, I have split this analysis into three sections: the confusion over the minutes in the market; the ambiguous language hinting at deep problems; and a few quotes to make your blood boil.

The Confusion

A Bloomberg headline from Wednesday, February 20's news reads Fed Signals Possible Slowing of QE Amid Debate over Risks. This headline is characteristic of most of the reporting on the FOMC minutes. Supposedly the Fed signaled a desire to end the quantitative easing earlier. There was actually no such signal.

The committee did, however, discuss possible reasons why they might want to end QE4 earlier. Here are some excerpts from the meeting:

"However, a few participants expressed concerns that the current highly accommodative stance of monetary policy posed upside risks to inflation in the medium or longer term."

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Monday
Feb252013

The Coming Water Wars

Water is not scarce. It is made up of the first and third most common elements in the universe, and the two readily react to form a highly stable compound that maintains its integrity even at temperature extremes.

Hydrologist Dr. Vincent Kotwicki, in his paper Water in the Universe, writes:

"Water appears to be one of the most abundant molecules in the Universe. It dominates the environment of the Earth and is a main constituent of numerous planets, moons and comets. On a far greater scale, it possibly contributes to the so-called 'missing mass' [i.e., dark matter] of the Universe and may initiate the birth of stars inside the giant molecular clouds."

Oxygen has been found in the newly discovered "cooling flows" – heavy rains of gas that appear to be falling into galaxies from the space once thought empty surrounding them, giving rise to yet more water.

How much is out there? No one can even take a guess, since no one knows the composition of the dark matter that makes up as much as 90% of the mass of the universe. If comets, which are mostly ice, are a large constituent of dark matter, then, as Dr. Kotwicki writes, "the remote uncharted (albeit mostly frozen) oceans are truly unimaginably big."

Back home, Earth is often referred to as the "water planet," and it certainly looks that way from space. H2O covers about 70% of the surface of the globe. It makes all life as we know it possible.

The Blue Planet?

However it got here –

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Sunday
Feb242013

Richard Russell - 3 Key Charts & Some Things To Think About

With key global markets at or near breakout levels, and gold turning higher in after-hours trading, the

 Godfather of newsletter writers, Richard Russell, released 3 key charts covering everything from stocks, to commodities and gold.  KWN even included a bonus chart of hedge fund activity in gold.  Here is what Russell had to say in a note to subscribers: “From its recent high, the Dow (intraday yesterday) was down almost 200 points.  Normally, this would be considered an overdue minor “back-off” from an overbought situation ... When one Average advances to a new high, and that new high is unconfirmed by the other Average, trouble may be waiting.”

Richard Russell continues: 

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Tuesday
Feb192013

We cannot afford not to have nuclear in our low-carbon energy mix

Ever so slowly the UK government appears to be getting the message that they cannot do without nuclear energy.

The euphoric phase on low-carbon energy is over. There is no solution that is clean and cheap and always on.Yet we must make major investments in energy. Old coal and nuclear plants will have to close. And climate change has to be tackled or it will result in costly economic damage.

So let's consider the options for investment in low-carbon electricity. Over the coming 20 years there are only three options that are relevant – wind,carbon capture and storage (CCS) and nuclear. Each has significant imperfections yet each works. And there is no muddle through option.

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Monday
Feb182013

Team: New Venture Update 19 February 2013

First up, some admin; when you subscribe please ensure that you have bob@gold-prices.biz added to your safe sender list, and that your emails are not being blocked by a spam filter. Otherwise we have no way of contacting you and our emails to you get bounced back to us.

The precious metals markets are currently being battered and the mining companies are still taking it on the chin as evidenced

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Thursday
Feb142013

Mega Uranium Ltd. Releases Unaudited Results For The Three Months Ended December 31, 2012

Mega Uranium Ltd (TSX: “MGA”) announces its results for the three months ended December 31, 2012 the highlights are listed below:


SUMMARY FINANCIAL RESULTS

As at December 31, 2012, the Company had mineral properties and related expenditures of $126.9 million as compared to $129.1 million as at September 30, 2012. Long term investments at fair value totaled $6.7 million as compared to long term and short term investments of $16.6 million as at September 30, 2012. Also as at December 31, 2012 Company had cash and cash equivalent of $6 million as compared to $2 million as at September 30, 2012.  

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Tuesday
Feb122013

High Yield Dividend Stocks: What Every Investor Should Look For

It can be mighty hard to earn any interest at all in today’s banking environment. Many in¬vestors are looking to riskier investments to find the kind of returns they once got from an FDIC-insured CD or even a savings account.

But don’t despair. There are still a few decent ways to make your cash earn some income without putting it at too great a risk.

My wife takes care of our filing, and during one of her filing sprees some time ago she walked into my office with the brokerage statement for her IRA and asked me why the interest was less than $1. “Interest rates have gone down that much,” I said.

She replied, “That’s terrible,” and turned around, went back into her office, and stuffed the statement into the appropriate file.

Inflation was eating away at our savings,

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