Gold and Uranium stories worth a look
Gwen Preston, founder and editor of the ResourceMaven.ca joins Cory to discusses some of the gold and uranium stock that are catching her attention. Gwen has a very similar outlook on the mid-cap producers and more advanced exploration companies. These are the stocks that have set themselves up to run first as gold investors return tot eh markets.
Listen below to what Gwen has to say and click here to check out her site.
Click download link to listen on this device: Download Show
more bad loans for the banks………SA, missed a $20million note payment in Jan.
Seabridge gold never missed…..careful with abreviations, FFM!
Sorry,…..thanks for the note………..
I never knew running out of fuel could cause a “meltdown”…..How exactly does the physics work for that?
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When Gwen was on Palisade radio, she said:
http://palisaderadio.com/gwen-preston-gold-to-shine-with-the-markets-decline/
Maven Mondays
Gwen Preston – Resource Maven – Feb 29, 2016
I really like some of the investor conferences Gwen Preston, Eric Coffin, and Brent Cook have been hosting the last 2 years, and they have recommended some great development and exploration plays.
I do agree with her that the most torque are with the mid-tier and smaller producers, and then the near-term producers and development will pop next. The explorers will always move if there is a big discovery, but they will lag the producers (at first); however, once the explorers get moving they can have the largest percentage gains.
Lastly, as I completely agree with Gwen on all points with Uranium (big shock right 🙂 )
Good stuff! Thanks for having Gwen on Cory.
I often frequent the following site for updates in the Uranium Space:
http://investingnews.com/category/daily/resource-investing/energy-investing/uranium-investing/
2016 TSX Venture 50: Best Mining Companies to Invest In?
Pure Energy Minerals, Nemaska Lithium, NexGen Energy, Integra Gold, Arena Minerals, Elcora Advanced Materials, Gold Standard Ventures, Canada Carbon, Viscount Mining, and Roxgold are at the top of this year’s list.
Louise Yamada………says………”bullish on gold”
Yes, but is Yamada bullish on Yamana? 😉
mana for all…………
manna from heaven.
After success with a helium plasma, I understand they are about to introduce hydrogen.
http://www.dailymail.co.uk/sciencetech/article-3356624/Stellarator-SUCCESS-Strange-twisted-design-finally-make-fusion-power-reality-switched-time.html
once they established a pulsed stable plasma is achieved, they will introduce cooling to extract power as they increase the duty cycle of the pulsing.
Demonstration of Fusion power is about 2 years away.
Probably about a decade away for commercial production at a minimum.
As for nuclear Fission they are still exploring converting over to Thorium as a fuel source, and I’ve mentioned in the past that IBC Advanced Alloys is working with MIT and Texas A&M to coat Uranium pellets with Beryllium to lower the temperature, to eliminate melt-downs, and be more efficient.
There are many changes coming to the energy sector with next generation nuclear reactors.
Fusion reactors will be very exciting as well, but it has been discussed for decades, and is probably further off than people think. There also is 0 infrastructure for it at present and 100’s of nuclear reactors being build that cost Billions, so that train isn’t going to slow down for a while.
Thorium(Updated September 2015)
– Thorium is more abundant in nature than uranium.
– It is fertile rather than fissile, and can only be used as a fuel in conjunction with a fissile material such as recycled plutonium.
– Thorium fuels can breed fissile uranium-233 to be used in various kinds of nuclear reactors.
– Molten salt reactors are well suited to thorium fuel, as normal fuel fabrication is avoided.
The use of thorium as a new primary energy source has been a tantalizing prospect for many years. Extracting its latent energy value in a cost-effective manner remains a challenge, and will require considerable R&D investment. This is occurring preeminently in China, with modest US support.
http://www.world-nuclear.org/information-library/current-and-future-generation/thorium.aspx
“…Mixed thorium-plutonium oxide (Th-Pu MOX) fuel is an analog of current uranium-MOX fuel, but no new plutonium is produced from the thorium component, unlike for uranium fuels in U-Pu MOX fuel, and so the level of net consumption of plutonium is high.”
This means there is much less plutonium waste in a Thorium reactor than a conventional Uranium reactor. The reason Uranium was selected in the 40’s and 50’s (over going the Thorium route) was to make plutonium for nuclear missiles.
Now that world realized how insane those weapons are, Thorium makes more sense, but the infrastructure is not there. The vast majority of the next generation reactors still run on Uranium….. so that’s where the opportunity is in the mining stocks.
The USA is the largest consumer of Uranium on the planet and they import 90% of the fuel. The companies that supply the USA energy demand in Nuclear fuel over the next 3-8 years will grow at an astonishing rate.
Here is a link to the White Paper from IBC Advanced Alloys on the advantages of coating the Uranium pellets with Beryllium. Genius!!
___________________________________________________________________________
Nuclear Fuels Initiative
Increasing Efficiency and Safety
http://www.ibcadvancedalloys.com/clientuploads/NuclearInfo/Nuclear%20Fuels%20White%20Paper_R4.pdf
Retail in trouble again……..Sports Authority , files Bankruptcy, and closing 120 stores.