Uranium Demand

[yellowmoney]

Ok,
Now that we see some of Dines new picks, especially the latest which is nothing more than a shell company to steal our money (I didnt participate) It occurred to me that there may be more deceptive layers to be uncovered. So what about the claimed "shortage" of Uranium? The US promised India that we would supply them, when Dines has led us to believe that there is a vast global shortage. Now this may be the case, but what if it isnt? I just checked with Trade Tech and the price has dropped $14 in January. Food for thought.
Regards,
Will
PS
I know this sounds crazy but there have been rumors in the past that Dines was going to retire, what if he played us all to super-size is already large nest egg?

[punter]

Like the old poster said " Just because you're not paranoid, it doesn't mean they're not after you".

And yes, that would leave all the 'loyal TDL'ers with egg on their faces. The reality is that there will be a build out between now and 2015, there is a current projected shortfall in supply; this doesn't mean that technology, events and expertise will not overcome the hurdle by then, or conversly excaserbate the shortfall in some way or another.

Select assests will be aquired, this may or may not include many of the issues on Dines list. In all fairness, no one can control that issue.

As Peter Grandich is fond of saying " The norm in mining is failure", that's a statistical fact. Just hope that your approach to stock picking includes the ten and twenty baggers that will average out your mistakes. There will be winners and certainly an average number of losers. Q&A with yourself- What do you know about the companies that you own? Are they aquisition targets? Why? If your answers come up positive then success may come your way.

Many of Dines picks are not going to make it, thats not nessecarily his fault because no one knows the future, this is just the true nature of the biz. Now that you know how to do your own TA, just do it, Dines is pretty much redundant at this stage of the game.

[john77]

That was a great summary Punter.

As for miners:

I give my votes to UEX and JNN as better bets for takeover. UEX because of their high-grade deposits, and because they are partly Cameco and Areva owned already.

JNN because they showed somehigh grade as well, and are partnered with DML as well.

PDN's price action makes me scared, but 1) they are producing, with leverage to the new U long term price, 2) they have exposure to a possible upside decision in Australia.

DML is a possible option for takeover as well, and they are producing. Casey likes DML and JNN for the same reasons.

[Depleted]

John77,
I am only entertaining UEX,JNN and the stocks that make up group 2. The rest of groups 4 and 5 are not liquid enough, and are not worth the time needed to hope for a return...too risky. My best chance is with producers, or stocks that are legitimate take over targets. The group 4s and 5s were ok in 2005,6,7 for their initial promotion, but now will struggle to find investors, as the ones who found mineralization move on to feasability and permitting, while the rest get left in the dust, as their promotion nears completion. I heard only 1 mining stock in 10,000 actually make it to becoming a producing mine. Now where do you want to place your attack capital?

[richmanch]

yellow money,

Here's what I said about Dines over the summer,

"
It seems that he's geared for old schoolers who buy a bunch of stocks and then check on them every week when they drive into town and get the mail.

As for him closing for new subscribers because of too many subscriptions...I don't believe that, not after that summer beating. He's probably moving his subscription from buy to hold, and will flash a sell in a few years when he retires. Or, more cynically, he's trying to make everyone feel special so they won't cancel.

Dines is Dines, not Casey: Here's a random chart in March, it's a buy in October, but I still won't explain it. That's just his style. I believe in letting people just do their job--and his is just occasionally giving people three letters. And they'll probably make money. If he's a manipulator--just be glad he's on your team (even I'm not cynical enough to think that he would manipulate his own subscribers to make a quick buck).

I don't subscribe because I feel capable (after reading him for six months), to choose my own picks. If you do your own research, I don't see any point in reading Dines.
"

This was before some of the issues with his stocks were documented here. I have phased out of his pet picks. It seems that any sort of scandal (which is not likely) would cause these to tank superhard. And it's not like pinetree is the only house on the block.

No way he's trying to fudge the big picture. I think a lot of TDLers would be surprised at how small his subscription base is, and how little power he has outside of his realm (I'm sure jr miners give him the top shelf vodka when he comes to visit...)

He said on the radio that he did not see the housing, subprime crash as a threat to uranium miners (did he say anything like that in a TDL?)
I still kind of like the guy. It's just a sleazy business. I think eventually he'll be vindicated by a rising market.

[sunseeker]

Your market was closed yesterday, and the two major listings on the UK market (Nufcor up 3.5%, and Geiger Counter up 3.66% today) are both going up nicely.

So it’s up to you Americans, and Canadians now to keep the wagon rolling. 

[jjj000]

we prefer the term "NorAmerians" actually

Yes, my friends to the north... we want to annex you to the union for your rich precious metals and tax dollars and healthcare and cute-accented french canadian girls.... muhuhhhahahhah...

[MetalMeister]

http://allafrica.com/stories/200810300475.html


Tanzania: Country, Rich in Uranium, Seriously Wants to Go Atomic

   The East African (Nairobi)
   

The East African (Nairobi)

26 October 2008
Posted to the web 30 October 2008

Wilfred Edwin
Nairobi

The Tanzania government is considering using uranium as alternative source of energy for the country, which has been hard hit by power shortages.

Prof Peter Msolla, Minister for Communication, Science and Technology, said the country, which is a member of the International Atomic Energy Association, is embarking on a study to establish the possibility of peaceful use of nuclear energy for development.

Prof Msolla said his ministry and the Ministry of Energy and Minerals are working together on the use of uranium for power.

"Along with better availability of electricity, nuclear energy would be used for medical purposes in treating cancer in four major hospitals -- Ocean Road Cancer Institute, Muhumbili National Hospital, Bugando Hospital and Kilimanjaro Christian Medical Centre," he said.

Despite the fact that Tanzania is endowed with over 30 per cent of the total uranium deposits in Africa, the government appears not to know what to do with them.

The uranium was discovered many years ago, leading to the enactment of Atomic energy Act of 2003. But the deposits fall under the Ministry of Science and Technology.

Mohamed Habib Mnyaa, a Civic United Front member and an opposition spokesperson for the Ministry of Energy and Minerals, said recently during a parliament session in Dodoma that the Atomic Energy Act should be amended to place the uranium under the Ministry of Energy and Minerals.

Mr Mnyaa said the time had come for a feasibility study to be undertaken on uranium because of its economic importance worldwide.

Recent explorations by international companies indicate that the Mkuju river basin in the southern Tanzania has uranium deposits on 2000 square kilometres inside the Luwegu and Ruhuhu valleys. The Luwegu valley alone is estimated to have over 30 per cent of all known uranium deposits in Africa.

Between 1978 and 1982, a German company, Uranerzbergbau Gmbh, undertook a reconnaissance exploration that revealed a huge deposit of the mineral in Makutupora area in Dodoma.

It also found that Tanzania had among the lowest costs of uranium exploration in the world, estimated at the time to be at $4 per square kilometre, compared with $16 in West Africa and $244 in the US.

Lawrence Masha, Deputy Minister for Energy and Minerals, said that despite the fact that nuclear technology is sophisticated, what hinders its application in Tanzania is the low demand for electricity.

Mr Masha said a single nuclear plant is capable of producing a minimal of 5,000MW of power, while demand in a country like Tanzania, does not reach even 1,000MW at peak.

But critics say it is political rather than technological reasons that have held back uranium research in countries like Tanzania.

[MetalMeister]

http://www.businessweek.com/magazine/content/10_50/b4207015606809.htm

According to Michael Kruse, consultant on nuclear systems for Arthur D. Little, the Chinese are ready to spend $511 billion to build up to 245 reactors.
.
.
.
China's energy planners say they aim to have 40 reactors by 2020 and, by 2030, enough additional reactors to generate more power than all 104 reactors in the U.S.,
.
On Nov. 23, Cameco (CCJ), the miner, agreed to supply 29 million pounds of uranium to Guangdong Nuclear through 2025. .
.
President Hu Jintao wants nonfossil fuels to produce 15 percent of China's energy by 2020. Although the Chinese have spent plenty on wind turbines and solar panels, only a buildup of nuclear power can make that target reachable.

[sidewinder]

Got an e-mail from Dines today inviting me back into the fold.  Sounds good and that he owns another title. 

["Rare Earths are TDL's latest Super Major bull market, flashed at rock-bottom prices in our "Buy" signal of May 22 09 TDL."]

yea, where do I send the money

[yeocokent]

Like the old poster said " Just because you're not paranoid, it doesn't mean they're not after you".

And yes, that would leave all the 'loyal TDL'ers with egg on their faces. The reality is that there will be a build out between now and 2015, there is a current projected shortfall in supply; this doesn't mean that technology, events and expertise will not overcome the hurdle by then, or conversly excaserbate the shortfall in some way or another.

Select assests will be aquired, this may or may not include many of the issues on Dines list. In all fairness, no one can control that issue.

As Peter Grandich is fond of saying " The norm in mining is failure", that's a statistical fact. Just hope that your approach to stock picking includes the ten and twenty baggers that will average out your mistakes. There will be winners and certainly an average number of losers. Q&A with yourself- What do you know about the companies that you own? Are they aquisition targets? Why? If your answers come up positive then success may come your way.

Many of Dines picks are not going to make it, thats not nessecarily his fault because no one knows the future, this is just the true nature of the biz. Now that you know how to do your own TA, just do it, Dines is pretty much redundant at this stage of the game.

Well said punter.  That pretty much sums up my thoughts.  The PS&D situation for uranium is found in many sources aside from Dines.  Granted technology and unknown variables can and many times do alter projections but most, if not all, projections I read from credible sources point towards an increased demand for uranium in the next few years towards the point of a shortage.  I just recently got into uranium mining companies so did not take the downward hit that many of Dines followers did a couple years ago.  I still see a bright future for select companies if one does their homework.

[dananini]

Here they go.. AGAIN.

[Depleted]

Ok, demand is what you want, and yellowcake is the target. If the criteria is the precious yellowcake, then your basket of Uranium companies should only inlcude companies that have actually found some uranium, a reasonable sized deposit that is mineable, or producers of the yellow stuff. I think the Big Chinese money is going after companies with yellowcake, not companies exploring for yellowcake . This does not mean some of the smaller fish won't do well, but I feel it means there better be SOMETHING found, or else it will be passed. The Chinese need Uranium, not the hopes of finding the Uranium. There is a difference, this time. Uranium Sector leading Cameco, and Paladin are both excellent plays. On the more speculative side, although Aussie politics are involved, you cannot dismiss Mega uranium's deposit. It may take some time, but it will be harvested. This is one I really like, becasue they have something, it's just waiting for the dust from the Politics to settle.

Good Luck and Good Trading

Cheers, D  

[yeocokent]

I agree on Mega, but they will supply the Japanese and probably not the Chinese.  I don't trust the Chinese in trade matters (personal experience) and think that the more reliable strategy is to focus on companies who are filling the void left in more reliable countries from the Chinese demand. 

[dananini]

Is this a terrible game changer for U investors?


http://www.google.com/hostednews/afp/article/ALeqM5iA_mBduPQHSCRjVR9Xuwbro6Gh0Q?docId=CNG.0fdda25599cfdc1fbf798ce7851d9c51.3b1