Portfolio Construction for URANIUM related assets

[old_dog]

Am new to forum...and could not identify correct icon to click for making a NEW post ...hope I have done it correctly...if not, please provide instructions.

Specific question/request is to get thoughts on the key stocks/etf's etc, to acquire from URANIUM & NUCLEAR ENERGY sector. I too believe that Nuclear energy generation offers the best solution over the LONG term for many countries of the world, including the one I was born in, USA.  Notwithstanding the fact that systemic corruption in society, government, and industry is reaching an all time high, and that because of this factor, obviously rational decisions are often neglected by leaders and followers alike, for short term perceived benefits, the long term trends appear to always win out. And so, while providing reco's on possible components for a NUKE energy portfolio, it would also be helpful to hear just how long (years) is the time horizon for holding these assets to ride the "bull" market in this sector.

I am a sometimes subscriber of Jim Dines and Casey Research...I read them for their reco's and opinions....but always try to seek out opinions and info from active investors.

So any constructive help is welcome and appreciated.

[sidewinder]

Dines has a pretty good list of U stocks.  Just do your own timing and buy/sell decisions.  I don't want to start off on that one again but make your own decisions I would suggest just looking at the last page of the letter and ignore the 90% self aggrandizement the old fart spews. 

Casey has some good recs also. 

The thing about many of these juniors is it's very risky but potentially highly rewarding.  don't play with anything you can't afford to loose and you should be ok. 

Personally I think it will be a few years yet before any boom like 05-06 again but you never know.  Mostly because the entire world is about to go broke and the debt of sovereign entities is not sustainable. 

Prices are low on many producers and that's where I would invest if just starting to accumulate U stocks.  The Jrs are a dime a dozen and really cheap. 

You have come to a good place for some insight into the uraniums as many here have been fooling around with them for some time.  Welcome and I am sure you will get some other sound advise.     

[old_dog]

Thankyou for the reply

What about accumulating U.to (?) - etf on canadian exchange

[sidewinder]

I don't do ETFs they are all derivatives and adjust daily usually, that's an entirely different ballgame IMHO which don't reflect true valuations.

some of the others here fool with some.  Maybe they can pipe in. 

a lot of this stuff that can explode in either direction is on the Canadian exchanges.  buying them on the pink sheets has some disadvantages but may be the only way you can participate. 

[Depleted]

Hi Old_dog....
Uraniums...Dines and Casey are both good. then just time your entries and exits. Also check u308.biz - the uranium portal. You can get into anything from Cameco to Khan (not good now). Unless you are a seasoned pro, you may not want to play the ETF game. I won't go there, but maybe others here on the board could help you. It seems this next round with uraniums, it may be the best funded, and /or the best ore prospects that will move, and the wannabees may just be left out...
ex. Today, there was some good buying in on Mega Uranium, up 0.04, 14% on good volume 1.3M, and they do have confirmed ore in the ground. This one should go higher. have they started drilling yet? whats up???       do your own DD.....
cheers...D 

[sunseeker]

Hi old_dog

A warm welcome to the site.
Diversify over a number of companies. Even the best companies have troubles from time to time. All your eggs in one or two baskets is an all or nothing strategy.

ETFs can help with diversification, but they don’t always move as you might expect them to do.   
This is the best site I know of to use as the first step in finding an ETF to suit the strategy that you have in mind.

Key Word in this case was “Nuclear.” A “Text” or “Ticker symbol” search. You choose.

http://etf.stock-encyclopedia.com/scripts/textsearch.php?text=Nuclear

I would start with stocks which you know have good liquidity (Cameco, Uranium Participation etc). I would suggest that you make liquid stocks the backbone of the uranium part of your portfolio.

 Juniors:
Never put in more than you can afford to loose in any single junior stock no matter how good an opportunity it seems to be. The mining sector is full of pitfalls (pun intended) which will punish even senior mining companies. It’s likely that a senior will recover from a setback. A junior will be hit much harder and may never recover. With junior sector stocks you need to be extra vigilant. Most people will only ever loose money in the junior sector.

Also watch those spreads (the difference between the buy and sell price) and the normal market size (NMS).

Access what your break even price is going to be before you commit to a stock (achievability).

This program may help you in this respect:

http://www.snapfiles.com/reviews/StockMonkey/stockmonkey.html

http://www.snapfiles.com/screenshots/stockmonkey.htm

A blatant plug for this junior (again!!!) which I think has potential:

http://www.spartonres.ca/

Sparton Resources Inc. is a diversified mineral and energy company that focuses on the acquisition and development of projects and properties in North American and China with readily identifiable mineral occurrences in advanced exploration stage or require development.     
     
        

   
-
   Profitable Germanium/Coal Producer in China;    
     
-
   Developing a Major Vanadium Deposit in China;
   
     
-
   Developing Uranium Production from Radioactive Waste. The only foreign company permitted to produce Uranium in China;    
     -    Canadian Gold Exploration in a Newly Emerging gold Area of Ontario(near Brett Resources Property in Northern Ontario).    
     -    Exciting new Non-Conventional Uranium Opportunity in Southern Saskatchewan with NuCoal Energy

   

A unique company.

BUT....
Something that I really should have drawn attention to when I posted on this stock:

http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C%3aSRI-1734664&symbol=SRI&region=C
          
I got in at 0.13 CAD so anyone considering getting in now would have a head start on yours truly.

A free news letter that you might want to register to receive by e-mail:
http://www.uranium-stocks.net/china-stockpiling-uranium/

I hope to be able to give details of another source of free information soon but I haven’t received it yet. Despite it saying not for distribution I have been given written permission to post it in .pdf form for you to assess yourself (it’s another free to register newsletter).

ATB 


Hi Sidewinder.

Just to confirm that I was the poster on your site.

http://sidewindersview.blogspot.com/

ATB 

[old_dog]

Thankyou to ALL who have replied to my post !

[sidewinder]

Yes SS I figured out which one from blighty you were.   Have several from England who stop by.

[sunseeker]

Something that I really should have mentioned (I am troubled by after thought these days. Other issues on my mind):

Dines and Inwentash work together. I have said it before and I’ll say it again “Why waste your money by subscribing to the Dines Newsletter? Just buy Pinetree Capital (You’ll save your subscription money).

Dananini posted:

Interesting interview with one of our all-time favorites.
Notice how he mentions Pinetree dumping u's in early '07.
Just when i subscribed and followed dines.

http://www.marketoracle.co.uk/Article8136.html

http://buy-high-sell-higher.com/forum/general-discussion/stock-market-dec-29-jan-2-t974.0.html;msg8409#msg8409

Punter said:

“I am not keeping a file on Dines but wasn't he pimping Interwash and PNP etc  just about the same time Inwentash says he was liquidating u issues?”

http://buy-high-sell-higher.com/forum/general-discussion/stock-market-dec-29-jan-2-t974.0.html;msg8412#msg8412

Dines was pumping while they where dumping. The timing was pretty good.

It’s a pity that Dines didn’t advise his subscribers to follow suit.

ATB 

[sidewinder]

well, they got me.   

Maybe further investigation into that needs to be done.

[sunseeker]

well, they got me.   

Maybe further investigation into that needs to be done.

Bad day?

I hope thing are looking better for you today.

ATB 

[pinetree]

Speaking of Dines, someone posted this interview over on Merv's uranium site recently.  Right-click to save and play in Windows media player.

http://www.financialsensenewshour.com/broadcast/fsn2010-0717-2.mp3

Looks like it's a new one.  Haven't listened to it yet but will be this evening.

EDIT - here's the Bloomberg article that they discussed.  Wonder if the recent upticks in some U's are a result of this article?

http://www.bloomberg.com/news/2010-07-11/uranium-bottoming-as-china-boosts-stockpiles-with-10-000-tons-from-cameco.html

[sunseeker]

Thar she blows:



 

A blatant plug for this junior (again!!!) which I think has potential:

http://www.spartonres.ca/

Sparton Resources Inc. is a diversified mineral and energy company that focuses on the acquisition and development of projects and properties in North American and China with readily identifiable mineral occurrences in advanced exploration stage or require development.     
     
        

   
-
   Profitable Germanium/Coal Producer in China;    
     
-
   Developing a Major Vanadium Deposit in China;
   
     
-
   Developing Uranium Production from Radioactive Waste. The only foreign company permitted to produce Uranium in China;    
     -    Canadian Gold Exploration in a Newly Emerging gold Area of Ontario(near Brett Resources Property in Northern Ontario).    
     -    Exciting new Non-Conventional Uranium Opportunity in Southern Saskatchewan with NuCoal Energy

   

A unique company.

BUT....
Something that I really should have drawn attention to when I posted on this stock:

http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C%3aSRI-1734664&symbol=SRI&region=C
          
I got in at 0.13 CAD so anyone considering getting in now would have a head start on yours truly.

ATB 

[Depleted]

Things are looking quite good, MGA.TO, I just fed the giant a major whack of paper, I mean MAJOR at 0.54, and it went in real fast, there is a huge buy on this one, hope I didn't upset the apple cart, I was in on this one a  few weeks ago at 0.37 and out today at 0.54 = 49% gain, just dumb luck, and I am not getting greedy. the short term indicators look like a little pullback is underway.....maybe I can get back in a bit lower?....
Good Luck and Good Trading....D.
P.S. Dananini , whereever you are, now is when you act on your "page 17".

[dananini]

Depleted.....i don't know what page 17 of what "book" you are referring to.
Is it the one with the hot 21 year olds frolicking on the river streams?
I'm down over 30k with mga, and wouldn't buy it if it went to .05.
Stupid, maybe, but just an awful feeling of self-prerservation.
My business is in the shitter, so i haven't been interested in stocks in many months.
My average cost of the mga shares i own is over 4 bucks.
Thanks for remembering me and best of luck always.