Wealth Creation Through Natural Resources
What is it about the month of November for the uranium sector? In 3 of the last 4 years the uranium sector has erupted from ugly downtrends in early November: URA (Daily – 5 Year) It’s still early for this … Continued
Hopefully 2017 can only get better for Cameco (CCJ) after a brutal double-dose of bad news to begin the year. First, on January 17th Cameco slashed its guidance and told investors that it expects to report a net loss for 2016. … Continued
A powerful chart from Cantor Fitzgerald Canada Research which shows uranium (U3O8) moving into deficit which will last beyond 2030: Notice how the deficit is projected to tremendously accelerate beginning in 2027 as supply falls off. Another graphic courtesy of UPC … Continued
The uranium sector has been quietly building momentum for weeks but today the uranium story caught the attention of a much larger audience and produced an impressive sector-wide rally: Cameco (NYSE: CCJ, TSX:CCO), the biggest name in the uranium … Continued
While the uranium spot price has continued to drift lower ($18/lb at last check), we have witnessed a broad upturn in the uranium exploration and production sector: Uranium Spot URA (Daily) This week’s advance has been particularly striking with many … Continued
Shares of Cameco (CCJ) have declined ~80% since the March 2011 Fukushima disaster, sending CCJ shares to their lowest levels in more than a decade: CCJ (Monthly) While the uranium (U3O8) spot price continues to dwell in the basement near … Continued
It’s difficult to find a sector that is more out of favor than uranium. Uranium spot prices have fallen to levels which are unprofitable for many producers on an all-in cost basis: Uranium Spot Price (2010-2016) Meanwhile the world’s … Continued
The lithium investment story is clearly one of the main investment stories of the first three months of 2016. With Tesla (TSLA) projecting 500,000 electric vehicle sales by 2020 and huge forecasts for global electric vehicle sales growth in the … Continued
Despite the uranium spot price being at an 18-month low several uranium stocks began to break-out from mature basing patterns last week. Cameco (CCJ), the keystone name in the uranium space, was the most notable gainer on the week with … Continued
We are witnessing a powerful breakout in many energy names. Cameco (CCJ) is a name that we have been following for many weeks due to the chart pattern bottom that the stock has been forming. In the last couple of … Continued