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1.24
0.05
(4.20%)
Closed November 14 4:00PM
1.24
0.00
( 0.00% )
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URG Discussion

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ProLiberty ProLiberty 3 months ago
Did the Biden admin end up doing anything to curb foreign sourced Uranium and favor domestic like URG?
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harry crumb harry crumb 8 months ago
Gotta see 1.30 area, then itโ€™s a back in scenario
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Belgianshareholder Belgianshareholder 9 months ago
Soon imo! :)

Fireworks in the uranium sector! Much more catalysts coming.
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kairos kairos 9 months ago
going to break 2$?
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Monksdream Monksdream 10 months ago
URG new 52 week high
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kairos kairos 10 months ago
Should be a great year for Uranium stocks
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kairos kairos 10 months ago
should be a great year for uranium stocks
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JD400 JD400 10 months ago
All these types are Lurching upwards 😃

Uranium stocks rise in latest metal trader craze

Might pick up some $URG types

Uranium price jumps to 15-year high as top miner flags shortfall

Cecilia Jamasmie | January 12, 2024 | 5:53 am Energy Markets Asia Uranium
Uranium jumps to 15-year high as top miner flags shortfall

State-controlled Kazatomprom mines uranium in Kazakhstan both independently and through joint ventures. (Image courtesy of Kazatomprom.)
Uranium prices jumped on Friday to an almost 15-year high after the worldโ€™s largest producer, Kazakhstanโ€™s Kazatomprom (LON: KAP), warned itโ€™s likely to fall short of its output targets over the next two years.


The miner cited shortages of sulfuric acid and construction delays at newly developed deposits as the main factors behind ongoing production challenges, which it said could persist into 2025. A detailed assessment of the potential impacts on output will be released in a trading update by Feb. 1, it added.


โ€œDespite the ongoing active search for alternative sources of sulfuric acid supply, current forecasts indicate that the company may find it difficult to achieve 90% production levels compared to subsoil use contract levels,โ€ Kazatomprom said in the statement.

Sulfuric acid is a favourite among producers to extract uranium from the raw ore due to its low-cost and efficiency for different types of ores.

Kazatomprom noted its guidance for next year could also be affected if supply snags continue throughout 2024 and if it isnโ€™t able to comply with scheduled construction works.

The spot price of the radioactive metal has more-than doubled in 2023 and it is currently trading at $97.45 a pound โ€” still far from the triple-digit figures achieved in 2007 and the fallout after the 2011 Fukushima disaster in Japan.

The price increase comes as 24 nations, including the United States, Japan, Canada, Britain and France pledged last month in Dubai at the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change, known as COP28, to triple nuclear power capacity by 2050.

Uranium jumps to 15-year high as top miner flags shortfall
China, which wasnโ€™t part of that promise, still leads global nuclear plant construction with plans to nearly double capacity to 100 gigawatts by the end of this decade. The Asian country has 22 of 58 plants being built worldwide.

Recent legislation in the US could also affect uranium prices, even sooner than other factors. Seeking to cut its reliance on Russia, which supplies more than one-fifth of its uranium, Congress passed a bill in December that would require the US to source a portion of its nuclear fuel domestically. The bill calls for 20 tonnes of HALEU โ€” high-assay low enriched uranium fuel needed to run most advanced reactors in the country โ€” to come from domestic sources by the end of 2027. It now awaits President Joe Bidenโ€™s signature.

Bank of America and Berenberg Bank said this week in separate research notes that continued tightness in the uranium market could push prices over $100 in coming days.
https://www.mining.com/uranium-jumps-to-15-year-high-as-top-miner-flags-shortfall/

You got it Lurch .....Everybody lovs a good run
YOU RANG ! hehe


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Belgianshareholder Belgianshareholder 11 months ago
Finally! :)
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kairos kairos 11 months ago
URG next leg starting here.
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Belgianshareholder Belgianshareholder 1 year ago
Yes, we are! :) Thanks! Will check it out.
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kairos kairos 1 year ago
We are in the right place at the right time! Nice action today.

Found a good oil play. It is way up but still worth considering ... https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173121647
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Belgianshareholder Belgianshareholder 1 year ago
$URG

https://www.bnnbloomberg.ca/hedge-funds-pile-into-uranium-stocks-poised-for-dramatic-gains-1.1990962
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Belgianshareholder Belgianshareholder 1 year ago
Yes, next leg shaping up nicely. :)
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kairos kairos 1 year ago
URG lookin' strong today
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Belgianshareholder Belgianshareholder 1 year ago
Nice saying :) Iโ€™m new to this sector, so appreciate your input. Will keep an eye on it. Thanks!
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kairos kairos 1 year ago
I like provides engineered services, products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and manufacturing industries. Subsea Robotics segment provides remotely operated vehicles (ROVs) for drill support and vessel-based services. This segment also offers ROV tooling, and survey services, such as hydrographic survey and positioning services.

There's an American saying about how during the gold rush the folks who got really rich were the ones who sold shovels and picks :); numbers look good and chart perfectly set up for reversal. And this Israel/Palestine thing; I expect lots of gaps up on Monday; wish I had grabbed more USO and will look to get some OII ... earning coming on the 25th. Thanks for the heads up ...
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Belgianshareholder Belgianshareholder 1 year ago
Got some decent investors. Curious to know what you think about it.

https://whalewisdom.com/stock/oii
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kairos kairos 1 year ago
I was looking at lower priced plays but Oceaneering has some decent volatility; will look into it today. Thanks Belgian!

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Belgianshareholder Belgianshareholder 1 year ago
$URG will certainly make big moves imo.

What about Oceaneering Intl.?
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kairos kairos 1 year ago
I'm looking for small cap plays and not really seeing anything I'm that comfortable with yet. I did start a position in USO,US oil fund ETF ...
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Belgianshareholder Belgianshareholder 1 year ago
Nice! You chose the best moment! $URG can easily double/triple from here imo.

Would you have some recommendations re oil plays?
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kairos kairos 1 year ago
YW. I added here pre-market ... nice and green already
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Belgianshareholder Belgianshareholder 1 year ago
Thanks! Iโ€™ll check the oil plays to see what might be interesting. 🤗
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kairos kairos 1 year ago
Thanks for the tickers. I'm scouring for interesting oil plays too. energy is going to get expensive
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Belgianshareholder Belgianshareholder 1 year ago
Hi Kairos, yes itโ€™s been a long time. Iโ€™m fine, thank you. I hope you are doing well too. Currently, Iโ€™m only in U stocks $DNN $URG and $UUUU. Havenโ€™t sold anything in two years. Good times coming for U in the next several years, indeed. 🤩
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kairos kairos 1 year ago
Hello Belgian. Been a long time, hope all is well. I follow John Quakes also on twitter, great resource. I bought into CCJ and URG quite some time ago and looking very nice. FUUFF is a penny Uranium miner that may be worth a look; i've been mostly trading it ...
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Belgianshareholder Belgianshareholder 1 year ago
Absolutely! 😎 And Russia joining the spot market now.

#Russia's #Nuclear reactor fuel maker & #Uranium procuring state-owned enterprise Rosatom๐Ÿ’‚ has apparently put out a #U3O8 market Request seeking to acquire more uranium!๐ŸŒŽโš›๏ธโ›๏ธ๐Ÿ›’๐Ÿ‡ท๐Ÿ‡บ Doesn't get much more bullish than that!๐Ÿค ๐Ÿ‚ So much for talk of an oversupplied Eastern market.๐Ÿœ๏ธ https://t.co/zbMPIZruIJ— John Quakes (@quakes99) September 26, 2023
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kairos kairos 1 year ago
Uranium should be a good place to park some $$s next couple of years ...
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Themightycy Themightycy 1 year ago
Wonโ€™t be a pullback like that anymore.
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harry crumb harry crumb 1 year ago
Sold out, will reload .90โ€™s again
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harry crumb harry crumb 2 years ago
Under 1$
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harry crumb harry crumb 2 years ago
This may go down to 1$
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harry crumb harry crumb 2 years ago
15 mil, more dilution.
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harry crumb harry crumb 2 years ago
This ticker is pushing for a breakout
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harry crumb harry crumb 2 years ago
Conversion price 1.14, i see it
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harry crumb harry crumb 2 years ago
Form 4โ€™s but no purchase price
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harry crumb harry crumb 2 years ago
Who made money this week with uranium stocks, we did! $$$$ urg, ue. Uu.., easy money in an out
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harry crumb harry crumb 2 years ago
Bullish here on urg
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harry crumb harry crumb 3 years ago
Strength on urg should push to 2$ easily
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harry crumb harry crumb 3 years ago
Looking for 1.15 1.20 bottom an its time to flip in again
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harry crumb harry crumb 3 years ago
Loaded a boatload 1.07-1.11, 1.25 flip makes somes wealth
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harry crumb harry crumb 3 years ago
Read ews on 12/17! Its right there. Sell shares!!
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gunnar11 gunnar11 3 years ago
So your claiming dilution? Whereโ€™s the data?
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harry crumb harry crumb 3 years ago
This company just keeps selling shares an flooding the market. Bad choice for any investor here. This stock has no growth at all an it is now even a higher risk. At some point a RS seems to be coming.
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harry crumb harry crumb 3 years ago
U out??
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harry crumb harry crumb 3 years ago
Looking like back to a 1$ again. Anyone buying at 1$ again? We may load up huge again an just wait!
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harry crumb harry crumb 3 years ago
They are flooding the market with shares, not good! The float will be huge. I c this as a red flag for now an pos will most likely drop under 1$ once again. Look to get back in then????
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harry crumb harry crumb 3 years ago
Wow they all dumped their shares. Bad news an more bad news. Back to under 1$ it seems
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harry crumb harry crumb 3 years ago
Will wait for re entry around 1.20's
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