IS URANIUM ON ITS WAY BACK UP?

THE GLOBAL CRISIS ON SO MANY FRONTS HAS EFFECTED THE MARKETS THE PAST 90 DAYS THAT'S FOR SURE BUT OFTEN THIS ALSO PRESENTS SOME GREAT BARGAINS.

I have been following Macusani Yellowcake Inc - YEL:TSX-V for several months. The company has recently raised funds and as well has a high in the $1.20 range. The earthquake in Japan was just the first blow to the company's share price. As well there have been some issues within mining in Peru overall. The mining issues stem from local concerns over gold and silver mining company's polluting ground water. This has led to riots and growing tension in some regions. This does not appear to be aimed at Uranium in any way though but the overall impression by investors on the stability in the region has helped to push the share price down IMHO.

We all know that no market or sector is depressed for long and gold has had its runs and its crashes more than most and now look at it. Uranium is never  on fire and never in a huge surplus and although some country's have pulled back on demand it will be generations before we all turn to something safer as a mass fuel source. I would speculate gold & silver will have a few more up and down cycles before Uranium really drops due to low demand. So in saying that I have watched several Uranium company's get hit on their share price and each time I have looked over the company assets and net worth and have determined that YEL.V could be in for a positive market correction on the short term. I won't flood this article with information because I want you as an investor to dig into this story for yourself. Look at what they have and where they are going and what they have been discounted to from recent global events. Now may be an excellent time do do some due diligence on Macusani Yellowcake Inc - YEL:TSX-V

Company Profile

Macusani Yellowcake Inc. is a Canadian uranium exploration company with over 24,000 hectares (240 km2) of mineral properties on the Macusani Plateau in south-eastern Peru. The shares are traded on the TSX Venture Exchange under the symbol 'YEL' and on the Frankfurt Exchange under the symbol 'QG1'. The Company is focused on adding shareholder value through exploration success.
Investment Highlights

• The company is exploring a major uranium concession in south-eastern Peru
• Drilling began in July 2007
• Over 27 million pounds of uranium across all resource categories
• Shareholders include Khan Resources (14.7%) and Pinetree Capital (10.0%)
• Expected production from large, low-grade, heap leach, near-surface deposits
• Metallurgical work indicates recovery rates of 90% and above

Macusani Yellowcake Inc. has granted stock options to acquire an aggregate of 365,000 common shares to employees of its Peruvian subsidiary under its stock option plan. Each option is exercisable for a three year period to acquire one common share at a price of $0.60 per share.

New Kind of Uranium Could Power Your Car

Obama: Safe Nuclear Plants Are a 'Necessity'

 

By ERIC BLAND

Oct. 11, 2010

A newly discovered form of uranium could lead to a nuclear power plant small enough to fit in your car and eventually even power it.
Scientists from the Los Alamos National Laboratory have created a long-sought molecule known as uranium nitride. Besides offering cheaper and safer nuclear fuel, the new molecule could extract more energy from fossil fuels, making cars more fuel-efficient, and could also lead to cheaper drugs.
"Actinide nitrides are candidate nuclear fuels of the future," said Jaqueline Kiplinger, a scientist at the Los Alamos National Laboratory who led the team of researchers on the recent Nature Chemistry paper. "But they can also break carbon-hydrogen bonds, which are very strong."
Uranium nitride rips the hydrogen atoms off a carbon atom -- no easy task.
A similar process happens every day in car engines. Unfortunately a lot of energy in those bonds is lost as heat.
If the two atoms could be split apart without losing all that energy, gasoline could be used much more effectively not only to fuel a car, but also to improve a whole variety of petroleum-related products, from plastics to drugs.
Unfortunately the new molecule is destroyed when it rips hydrogen atoms off a carbon atom. For uranium nitride to become commercially viable, it would have to knock one hydrogen atom after another and not destroy itself in the process.

CONTENT POSTED ON THIS BLOG DOES NOT CONSTITUTE A BUY OR SELL RECOMMENDATION. MANY OF THE COMPANIES PROFILED HERE I AM NOT INVESTED IN AND DO NOT INTEND TO INVEST IN. THESE ARE MERELY MY THOUGHTS ON MARKET CONDITIONS AND STOCK VALUATIONS. INVESTING IN THE STOCK MARKET CAN BE VERY RISKY AND YOU SHOULD ALWAYS CONSULT AN INVESTMENT PROFESSIONAL BEFORE MAKING ANY DECISIONS. ULTIMATELY YOU ARE RESPONSIBLE FOR CONDUCTING YOUR OWN DUE DILIGENCE AND PROTECTING YOUR MONEY.