Personal and undiluted views

221 days ago

Berkeley Energia – Salamanca project further gradual progress, still a risk/reward buy?

Berkeley Energia (BKY) has announced progress including an authorisation renewal and the Spanish Supreme Court rejection of an opposition appeal against its Salamanca uranium project.


362 days ago

Berkeley Energia – recommended extension of ‘Initial Authorisation’, further upside potential?...

Berkeley Energia (BKY“notes that the Board of the Nuclear Safety Council has issued a favourable report for the extension of the validity of the Initial Authorisation for the uranium concentrate plant as a radioactive facility at the Salamanca project following a board meeting held on the 22 July 2020”


385 days ago

Video: The Fed’s Actions are Unprecedented for Gold, Silver and Uranium - gold to $2000 soon

Fund manager Mark Magarian was bullish on the gold market before the crisis began since they were expecting some action by the Fed. However, the pace of the Fed’s efforts has been vast and rapid and thus, he says, he would be absolutely shocked if we don’t see $2000 for gold soon.


415 days ago

Video: Both uranium and, in a while, silver look really hot

Writer Chris Temple expects a big uranium rally as many things are happening with uranium behind the scenes. Past policies have hindered the US standing in the uranium industry, and, Chris says, that President Trump is now attempting to correct those policies. The coming supply changes could be opportunities for prudent investors.


667 days ago

Podcast: The value proposition for uranium is stronger than ever

Enrepreneur Jordan Trimble says the recent market pull-back has only improved the fundamentals for uranium. The sell-off is good for the sector as it has created a near term opportunity that investors should be watching


676 days ago

Podcast: The data shows us that uranium is heading much higher

Analyst and entrepreneur Brandon Munro discusses the improving tone of the uranium industry that he is seeing while attending the London World Nuclear Association Symposium. Russia’s export program has an improved order book, and US regulators are working hard on initiatives to support their industry. China and India are resuming their reactor build programs by both announcing new reactor plans. There is a strong sense of anticipation throughout the industry.


760 days ago

Union Jack Oil & Chris Oil, share trades and placing – questions that need answering

I suggested that Union Jack Oil (UJOwas planning a placing in yesterday’s bearcast. And lo and behold the Sheriff of AIM is right again, £2.25 million has been raised at 0.17p.  But this raises big questions about the share trading activities of Mr Chris “Uranium” Oil, a man who has featured on this website often enough.


807 days ago

Podcast: A New Uranium Bull Market is Approaching

We have a small exposure to Uranium via Berkeley Energia (BKY) but its shares are driven by the Spanish approval process more than the uranium price. But I can’t say i’d be averse to a bull market in yellowcake. 


830 days ago

Podcast: A Recovery for Uranium is Now Unfolding

We have a small exposure to Uranium via Berkeley Energia (BKY) but its shares are driven by the Spanish approval process more than the uranium price. But I can’t say i’d be averse to a bull market in yellowcake. 


830 days ago

Podcast: The Uranium Bull Market Has Only Just Started

Entrepreneur Brandon Munro remembers the last uranium bull market and how much of it was focused around Australia. He says, “Paladin was an incredible ride in 2005 when it moved from four cents to two dollars.” That period was a wild intensely informative ride, and it taught him just how much leverage can come to uranium stocks.


867 days ago

Podcast: Uranium Will Continue to Climb Higher (as will zinc)

Banker Alex Molyneux argues that uranium is an attractive commodity that utilizes long-term contracts; however, that can result in pricing that doesn’t reflect the underlying product. Lately, uranium has been rising from mine closures, and due to the way, KazAtomProm and Cameco operate.


895 days ago

Podcast: Uranium Made Investors Crazy Money Last Time

Philip O'Neill started his career in the junior mining space in the early 2000s by investing in uranium. He discusses the last bull market and how it did exceedingly well and how the market can surprise you. Today there is much more experience in the uranium markets so the coming bull market should be more mature.


1000 days ago

Video: Rick Rule: upside in the uranium price is absolutely inevitable

Rick Rule from Sprott, the world's best known resource investor, is a major bull of Yellowcake and explains why in the latest podcast from Palisade Capital. Rick feels that it’s too early to draw any conclusions from the recent market action arguing that, technically, these price fluctuations are not that aggressive. He is encouraged by golds recent performance but two weeks of data is not worth anything but amusement.


1018 days ago

Video: Uranium clearly on an upward trend

Palisade Capital continues its uranium themed videos and in part three of the series  Daniel Major discusses the latest market conditions and why he sees it on an upward trend. He argues that steady growth continues in nuclear energy production and reactor builds. Uranium producers have been holding back production, and there is a reduction in supply in the secondary market. Many utilities still have inventory, but they are declining as contracts unwind. He says, “There is a lot of factors that will squeeze the price higher.”


1020 days ago

Video The Bull case for Uranium - Part 2

Earlier this week, Michael Alkin started to present the compelling bull case for Uranium (HERE). Now he continues theme c/o the latest podcast from Palisade Capital...


1020 days ago

Video - the bull case for Uranium is very strong

Michael Alkin has an extensive background in the Hedge Fund world but since 2015 has been focused on looking at Uranium. He says that he quickly realized that the uranium picture was a complex one and appeared underappreciated. 


1138 days ago

Podcast: Doug Casey - uranium may be my favourite commodity right now

Buy shares in Berkeley Energia (BKY)!  Okay that is what I think, you want to hear from veteran investor and libertarian thinker Doug Casey.


1138 days ago

Podcast: Uranium - the start of a big move

In this week's podcast from Palisade Capital, Daniel Major discusses the current uranium market, and he sees a lot more enthusiasm in private placements. Many companies and groups of long-term investors are increasingly interested in the sector.


1157 days ago

Uranium is the Horse that Starts Slow, But Wins the Race

Joseph Grosso runs a uranium company so, of course, he is talking his own book. But Steve and I have tipped Berkeley Energia (BKY) so agree with the thesis outlined in the latest Palisade Capital podcast.


1174 days ago

Uk Investor Show 2018 Video - Alternatives to oil for energy forum

This panel was chaired by our own Gary Newman and featured uranium cheerleader Paul Atherley of Berkeley Energia (BKY), coal bug Andrew Bell of Regency Mines (RGM) and waste to power enthusiast Keith Allaun of Powerhouse Energy (PHE).


1199 days ago

Video: Rick Rule sees Resource Opportunities in Uranium, Cobalt, and Gold

Rick Rule of the world's leading resource investor, Sprott says he has, of late, seen broadly increasing client and institutional interest which has been lead by strong private placements. This interest is being driven by 2017 commodity performance, and now the equities show good value.


1328 days ago

Video: Rick Rule on bitcoin, gold stocks, the uranium opportunity and on the time to speculate

Rick Rule of Sprott is perhaps the world's best known investor in resource stocks. This video interview will be controversial covering bitcoin, uranium, gold, dollar default and much more.


1342 days ago

A Move in Long Term Uranium Spot Price will Drive a Buying Frenzy

 Since we own some shares in Berkeley Energia (BKY) I hope that Daniel Major is right in his thesis.  In this podcast hel discusses the long-term potential of uranium and why the industry needs higher prices to fill the supply gap. The short-term issues are that 75% of the industry remains near or below the cost of production. Companies currently can’t afford to replace their resource. Cameco has taken the lead in closing down one of the best mines saying that it’s cheaper to purchase uranium from the market. Cameco’s announcement was a major event for the uranium industry.


1377 days ago

The Real Russia Scandal in American Politics - its the Clintons, Uranium and those pesky mega bribes

As she plugs her tawdry lie packed book "How I lost the election even though I was a brilliant candidate and it was everyone else's fault but I won really" Crooked Hillary Clinton tells every fawning liberal media interviewer in turn that the Russians worked hand in hand with Donald Trump to rig the poll and cheat her out of victory. After nine months of exhaustive investigations and any number of lurid smears not one shred of evidence has been produced to justify this assertion made to and by unquestioning MSM "journalists" . Indeed even the emails coming from the DNC and published by Wikileaks did not come from Russian hacking as Hillary asserts. But this is not the real Russian scandal.


1462 days ago

Why Uranium Must Reach $60 by 2020

Those who heard Paul Atherley of Berkeley Energia (BKY) on the main stage miners session at UK INvestor Show 2017 will be well versed in the uranium bull case. Paul is booked in to be back again in 2018 for a refresher but I need no convincing, we have a few of his shares just in case. Meanwhile here is another crash course on why you need uranium exposure.


1493 days ago

Video: Bearish on markets, short term mega bearish on uranium - Rick Rule

In the latest video podcast from Palisade Capital, perhaps the world's best known resource fund manager, Rick Rule of Sprott, discusses the surprising lack of volatility in the markets and with the various worldwide challenges one would expect it to be much higher. He is not optimistic when one looks at the collective balance sheets of governments with their underfunded pension plans and is acting on the assumption that the markets will get more volatile.


1600 days ago

Uranium Exploration Companies will Continue To Make Impressive Gains

Hans Peter Zihlmann has been a portfolio manager for a long time and remains excited about uranium even after its good performance over the past year. His Timeless Uranium Fund is up 34% since uranium bottomed in November, and from the beginning of this year it is up 40%. His fund covers the entire uranium sector, with exploration currently being most attractive. Recent days have shown a drop in the price of uranium with a corresponding drop in stocks, Peter remains unconcerned as demand is increasing due to China, India and Russia building reactors. Since companies cannot be profitable in production due to the uranium price being so low, he remains very bullish long term.


1604 days ago

Opportunities Abound in Mining shares, How To Find Them? Gold, Uranium, and Phosphates

2017 will be a lucrative year, as we have seen the bottoming of the bear market. Uranium appears to have reached it’s bottom in early December. We are in the beginning of a new uranium bull market which should last for three to four years. The agriculture minerals are under-invested and phosphates may be a straight forward play. And gold shares will also have a run.


1614 days ago

Welcome to The Uranium Supercycle

Yellowcake entrepreneur David Cates argues that uranium has made a move toward rationality, although he warns it still has a long way to go. There is now real price movement, volume and thus benefits to price discovery. What is exciting about the long bear market, is the detrimental effect it had on the uranium industry. There are very few good uranium projects out there. When utilities go looking for supplies there will be a real pinch, they won’t be able find any.


1656 days ago

A Real Market Shift In Uranium Is In Play

Well that is the assertion of George Glasier the guest in this week's podcast with Palisade Capital. He spends much of the podcast talking his own book but on the bull case for uranium which seems to be getting stronger he is fairly persuasive.


1751 days ago

Video: Paul Atherley of Berkeley explains why a low uranium price is good news

This is not a bad video and is quite interesting on both the market and also the very clear bull case for Berkeley. It is short as well so if you are a Berkeley Energia (BKY) fan it is well worth watching.


1768 days ago

Berkeley LOI - look at the proposed pricing!

Berkeley Energia (BKY) has announced it has signed a Letter of Intent relating to the sale of the first million pounds of production from its Salamanca uranium project – with an average contemplated price of above $41 per pound comparing with the current spot price of around $25 per pound. Way to go!. No wonder we are c150% up on this share tip!


1778 days ago

How Low Will Uranium Go?

Many commodities have gone up 20-30% this year while uranium continues to go down- making it almost impossible for companies to make money. The main problem right now is that there is more than enough supply to cover the little demand in the spot market.


1835 days ago

Berkeley Energia: we are now almost 100% up on this share tip after DFS - more to come

We tipped Berkeley Energia (BKY) at a 20p offer - the shares are now 39p-41p after the publication of a Definitive Feasibility Study (DFS) confirming that its Salamanca project in Spain will be one of the world’s lowest cost producers capable of generating strong after tax cash flow, even during the current low point in the uranium price cycle.


1841 days ago

Gold Is Good; Uranium Is Great - Rick Rule

Rick Rule started his career in the 1970’s bull market, which had a spectacular shift towards resources after a 50 year lull. He is preparing for what he believes may be the greatest shift in natural resource markets that he will witness for the rest of his career. He says that the next 5 years will be more generous for the junior resource space than most give credit for. The junior precious metals market is already up about 100% in a short period of time


1867 days ago

Opportunity in Uranium is the Best in Decades

We own shares in Berkeley Energia (BKY) which we think is a cracking investment whatever happens to the uranium price. But there are some folks who are mega sector bullish. Uranium is the ultimate contrarian investment and the most hated commodity because of it’s use in nuclear power, but recently environmental groups have gotten behind nuclear power. Nuclear power is 20% of US power overall. The constant power generation and the ability to store power make nuclear the backbone of the electricity grid.


1883 days ago

Uranium is set to go boom ..the next big thing

I am not sure about that although I am a shareholder in, still cheap, Berkeley Energia (BKY) so hope this is the case. Anyhow, this week's podcast from Amanda Van Dyke's colleagues at Palisade Capital is with George Glasier who argues that increasing worldwide demand for uranium cannot be met by existing supply. Taking a new project into production is a tedious process meaning supply crunches are inevitable. The current price is so low that mines have been shutting down. This comes at a time when nuclear power plants are being built at incredible speed. That is the bull case...enjoy.


1916 days ago

Berkeley Energia - good news from Spain sees us 40% up on this share tip

Berkeley Energia* (BKY) has updated that a definitive feasibility study on its Salamanca uranium project “is well advanced and is due to be published in June”, with the company’s confidence emphasised by the commencement already of initial infrastructure work at the project.


2064 days ago

Berkeley Energia - upgrade

The now-named Berkeley Energia (BKY) has updated that “optimisation studies have commenced on the Salamanca project which are expected to reduce the operating costs making it amongst the world's lowest cost uranium producers once developed”


2092 days ago

Berkeley Energy - cracking news from Salamanca: target price raised

In an announcement entitled “Zona 7 transforms Salamanca project economics”, Berkeley Energy (BKY) has announced the results of a pre-feasibility study which shows “the project now has a Net Present Value of $871.3 million (£580.9 million) with an internal rate of return of 93% based on a discount rate of 8% and a long term uranium price of $65 per pound”