Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

Search Uranium Stocks
Uranium Price
Our RSS Feed

Uranium Updates

Enter your email address:

Follow Us on Twitter
« Hollande Draws French Industry Ire as Nuclear Edge Fades | Main | Plans to lift Va. uranium ban stalled »
Thursday
Jan312013

Russia’s Buyout of Uranium One Positive Signal for Uranium Market

Atomredmetzoloto’s (ARMZ) recent buyout of Uranium One (TSX:UUU) is the latest strategic move in Russia’s quest to dominate the world’senergy markets. The world’s largest producer of crude oil and second-largest producer of natural gas, Russia also holds demi-god status in the nuclear power industry and has aggressively been staking out a position in the uranium industry.

In 2010, ARMZ acquired a 51.4-percent majority stake in the Canada-based producer, which holds projects in Kazakhstan, Australia and the US. Earlier this month, the Russian company offered $1.3 billion to buy up the remaining shares; it plans to take the uranium miner private.

Investors have been hitting the message boards to share their thoughts on the deal, with many decrying what they view as too low a price at a time when most feel that the uranium market is at the precipice of an upswing. For others, the deal is yet another positive signal that industry heavies like Russia’s ARMZ know we’re at a bottom and the time is ripe for picking up assets at bargain prices.

“The whole sector is currently undervalued, and the timing by ARMZ is exceptional as they are buying assets at the bottom of the market,” Marin Katusa, chief energy investment strategist at Casey Research, explained to Uranium Investing News in an interview.

“It’s a smart move by the Russians in my view,” Mark Lackey, executive vice president of CHF Investor Relations, told Uranium Investing News. “They’ve determined by looking at the market conditions that uranium prices will go higher and right now is a very good time for acquiring assets.”

To read this article in full please click here.

Our new venture ‘Stock Trader’ has begun trading with our first trade now in place, all exciting stuff which we are really looking forward to, if you wish to join us then please subscribe below;

Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

Regarding www.skoptionstrading.com. Our model portfolio is up 414.17% since inception generating an annualized return of 61.43%, we have also closed another profitable trade in January so we will update the stats shortly, thats 2 winners in a month.

If you wish to join a winning team then please subscribe below;

Subscribe for 6 months- $499

Subscribe for 12 months- $799 

If you are new to investment in the precious metals sector then you may wish to subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks, just click on the links and enter your email address. 

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>