Member Info for cjgoldsmith

With the retracement of oil and market jitters this might drop a bit further. As a past holder I like SOCO. The market initially was very positive on the news. I guess this has weighed down by everything else. I wonder whether this move will appeal to institutional investor! My biggest worry with the added geopolitical risk or Iraq and being paid. However the price per barrel of 5$ is appealing and I think that this would represent a better investment than SAVP. DYOR. I'll post a bit more once a bit more research is done

Good spot. I have no doubt that there will be more acquisitions. Chevron is clearly rebalancing it's business by moving forward to more tighter play judging by the last conference call. The CEO talks of fair value for selling non core assets. I suspect that they will focus on shale both in Argentina and also they have a big footprint in the Permian. Also good to see the institutions buying more. I'm v positive. Good to see an intention to drill Paraguay which could be a game changer. Like to know mid size producer mkt cap is (not mid tier which is 2$bill!). I'd guess a end of year sp 20p. Dead cert for bucket list. ATB

He's shunned PMG. JOG FRR being pumped hard. It's no big shame TBH take IOG fallen out of favour and he still loves PANR. His 2017 stock picks did badly.

Ahead. I would anticipate a rise beyond 50p...let's be bold.

Look for the reasons why. Stocks are down due to concerns about inflation and prospect of accelerated tightening by the FED and more interest rate rises due to strong signal of booming US econ. Bearish views of stocks this year and high historical PE ratios means people sell and algorithmic trading drops it further. Everything drops. Add tax in DRC for good measure.Now if stock drop due to recession anf concerns about week economy gold becomes flight to safety and booms. I suspect we see the former before the latter this year as everyone realises that US isn't in such good shape.

Previous posts are spot on IMO. I note you are fairly new to investing so welcome. Bare in mind that uranium investing is extremely volatile.... in a volatile resource sector. All I would say is try to become the expert. This is a hard task in uranium as the market is opaque and poorly understood. BKY has expensive pounds in the ground but it has very low costs so you wont see the volatility but it is fully funded and still has good upside. The demand and supply fundamentals for uranium are persuasive so the main question is will the company still be around when the market turns. There is also the possibility that the Trump admin may do something to ban/limit imports the result for N American produces would, if you forgive the pun..explosive. Take time to evaluate your options, I favour owning a Tier 1 asset (for me this is Nexgen which with the Arrow deposit is IMHO the best of any resource deposit in the world), a N American (I own EFR but will be buying UEC in next month or two), and low cost producer (BKY - most stock I own). Ive previous owned juniors Canalaska but sold out on the last spike, but like the look of Skyharbour but also like UEX and Forum at right price. As a left field also look at Africa, the grades are lower and costs of >50lb uranium to work economically 2 that spring to mind are Deep Yellow or Govi Ex I prefer the latter. John Quakes on twitter is fantastic so follow him as he has great output and follows people who know the industry well (come by and say hello to us all). Good luck and take your time to research.

Very interesting debate on leveraging. You can see his eyes glaze over reminiscing about glory days of Paladin and Energy Fuels....IMO you'll see the biggest gains in North American mid tier companies such as EFR or UEC when price north >40. Still think a basket of stock would be a good strategy and BKY would be in there. Time to buy IMO is April to June as there is a cyclicality to uranium stocks. Of course this could go out the window if uranium price rises or a black swan event. Don't discount Cameco as ETF money will flow.

...to come out of hibernation.

Future growth story. If you look at our mkt cap Vs previous PoO equivalent when CPO was unknown and OBA was being built. The market is different now and future prediction are now taken with a dose of salt. Rex Harbor selling, geopolitical risk and missed targets. This BB has a healthy amount of scepticism born of some disappointed LTH like I but I still see value and upside. I'm more reassured by better governance and sttengthened BOD. I've set a 5 year time horizon when I first bought in 3 years ago and averaged down a few times. Had a few email discussion with GC who seems genuine. Look at our nearest neighbouring companies would suggest that we are undervalued and still think we an attractive take over target (perhaps not yet). Would I buy now? Personally I think we might see a PoO wobble later in H1 which might drop our sp prior prior to drilling news I might add a bit more then. Please DYOR etc

Good

Good to see you keeping your feet on the ground. Either way a rise is nice. Fidelity out an massive volume. Let's see how this plays out. No intention of adding.

Good spot. Looks like a big buy. Very encouraging.

Hi Gus. Unfortunately the market gives no value to the oil in the ground. Deep water, relatively isolated, RKH PMO in no hurry, and then ongoing cash burn. The half yearly report paints a dreary picture in short term. I held with 5p average but the only time I would buy back is for 4 scenarios, 1. If sp drops below cash in bank 2 Directors buying 3 Risking a potential P and D action (this has happened before when prcie spikes up on no news) 4 A farm in. None of these are impossible and Ive no doubt if number 4 happens this will easily x10 bag and then some. Its very much a share on my watch list and if we get transformational news and early entry could see still significant gains.Anyway good luck

Have to agree with the recent sentiments. Many of my oil and gas investment have drop by a reasonable amount this last couple of week. This is even in shares i consider more stable like SDX. December blues and a post OPEC hangover. Still wondering about the troubles and RNS vagueness. Oh well let see what 2018 brings.

My timing of addition to my holding has always been poor on this share. TBH thought we'd lost weak hands through tough times. Sure my horizons are long term but surprised that the rerate hasn't come. Probably half in cash with this one so will wait..

Ditto. Bought first thing at 38. AV now 46 be nice to see breakeven. Lots of news to digest in this RNS

I read it as PF only. Agree it's a bit opaque!

They have significant resources and while I accept there are risks, when the market turns there will be significant institutional and ETF inflow. Sure others may go up more like BKY Govi Ex and those leveraged to higher prices in N America.

P and D my worry. Check historical sp. At least I hope it's not for LTH who deserve a break.

Check out Michael Alkin's Twitter feed (The Stock Catalyst Report) above. Obviously he's a uranium bull (a former hedge fund manager) but for interesting posts and links in a somewhat opaque arena makes interesting reading to pass the time and look forward to market turning.