Little to no volume today :okay:

EDIT: CLL hit 1.12 :awwyeah::awwyeah::awwyeah:

Go CLL :D All green on BNS.TO, POT, YNG.TO, CLL.TO

Waiting for a down day to get back in on BIP so I am not so commodity heavy.

what's everyone's thoughts on SNC lavalin?

NZ @ $3.69
AAPL @ $540+

:fulloffuck: :awwyeah:

Dow over 13k!

parabolic...both their charts look so scary

CLL opened at 1.12. :)

And bid is now down to $1.09, lots of volume as well, almost 400k and it's only been open for an hour.

I got out of NZ at $3.51 and missed the ride all the way up to $3.79, looking for an opportunity to buy back in. I doubled my TAG holding when it went down to $8.70, avg cost now $8.80.

Mark

Yikes.. quite a bit of red on my watchlist today :(

Well... back into NZ, hopefully not too early. It's interesting that YNG is down from it's typical $0.39 - $0.40 range to $0.38... although $0.01 doesn't seem that significant, the stock hasn't moved virtually at ALL for several weeks now, so even that small movement is outside its well defined range and interesting.

Red everywhere, wish I had more money to buy with!

Mark

Bernanke opened it's mouth again today:fuuuuu:

Wait for yng to drop more? or buy now?

I don't see much risk of it going much lower... it's lower today because of the crash in the price of gold but really it's a pretty small factor in the valuation and the price is almost back into its typical range. The only reason to buy YNG is for a fairly long hold, there is no price movement so it's useless if you are hoping to trade it, and if you're going to hold it for 6 months, 2 cents isn't going to make or break anything.

Hope that helps,
Mark

Bad day for gold, odd that gold would drop after Benny shared his thoughts about keeping monetray policy loose.

I can't imagine how the bond market has grown in the last 4 years... scary.

great company. it's relatively safe as they own a ton of infrastructure but the whole Libya ordeal will kill them. There is a big public backlash especially in the USA for current projects to which SNC is involved in - we're talking about townships/cities/states threatening to cancel their contracts as they do not want to be seen as supporting a company which benefits out of terrorist regimes. It's now on my watch list but I'll wait until it drops lower first. It still has quite a bit to drop as they start to pull the skeletons out of the closest.

yng and pkl seems to becoming cheaper
time to buy?

Yah thinking of averaging down on YNG... hmmm

Personally I won't be investing in SNC as my company is in direct competition with them.

It's like watching paint dry.

any thoughts on URRE?

personally im long on urre
multiple reasons on this one
but im sure some of the other members can fill you in better on this than me

woohoo BVSN finally broke resistance at $40
major short squeeze time
gogogo!

should be breaking past 52 week highs within a couple weeks now (fingers crossed)

JIVE also making some records here
highest traded price since ipo
hitting almost 1.5 billion valuation

cant believe BVSN market cap only 190 mil!

URRE has the experience, ability, and resources to get back into production and once again become very profitable.

The price reflects the lack of any production over the last couple of years, significant cost of reclamation which exceed original estimates due to environmental lawsuits. The lawsuits were not that expensive, but the company really turned up the budget for reclamation activities to prevent future lawsuits, and negative press.

URRE has produced something like 8 million pounds of Uranium in the last 30 years, the resource base is good for another 100 million ponds of in-situ Unranium extraction. The management team is very experienced, there is no shady history, they know how to produce, and they are located in an area where the geo-political nonsense is not an issue, Texas and New Mexico. They have a JV in place with Cameco and are currently involved in exploration activities together, not sure on the particulars of this JV so do your DD.

URRE chose to stop production, they did so in their own best financial interest, planning to get back into production once the price was right. If URRE was to get back into production you can imagine what would happen to share value...

I am also long on URRE though I currently own none lol Plan is to move the CLL money there after the financials are out, or the buyout happens.. I just can't put any more money in the market right now.

URRE has a huge upside IMO.. same with YNG... the waiting game sucks but ... sometimes you just gotta "hold em".

I've been trading NZ and TAO the last few days with good results but I like both on a longer term basis as well. I sold my TAO at close today and will hopefully buy some more again tomorrow. TAO is expecting to release an update on production later in March that should be a positive result, if so, I expect the SP is going to blast through $10 without any issue. I am still sitting on YNG and have strong expectations for that, financials will be out soon and it will be interesting to see if they are making any money yet.

Mark

a few things to add are:

also with the end of the Megatons to Megawatts program in 2013 between Russia and the USA, cheap nuclear will be a thing of the past.
(note: 50% of the USA alone is powered by nuclear plants to provide electricity)
there are more than 100 new plants to be built within the next few years in countries like UK, China, India, Brazil, UAE and the list goes on..
just the end of the MtoM program will increase LEU (low enriched uranium) prices causing a stream of companies rushing to extract more from Earth.
(note: there still wont be enough to supply the current reactors around the world even with the operational AND planned mines combined mining 24/7-365)
Russia will be the new powerhouse controlling over 50% of processing capabilities and with its closest neighbouring countries being their best customers.
currently with the total being mined around the world, theres still 40 million pounds short for the existing reactors in the world.
i dont think i have to explain with such deficits in supply, what it would do to the demand and thus prices :fuckyea: