We have selected 3 large cap Canadian stocks as our favorite picks for 2014. While the three had very dissimilar performances in 2013 (CSIQ +800%, CCJ +7%, ABX -49%), We believe all three are poised to post 50%+ gains in 2014: Click to enlarge Barrick Gold (ABX) – Weekly Cameco Corp. (CCJ) – Daily CCJ –… Continue Reading

With the question of whether the deal between Alpha Minerals (AMW:TSXV) and Fission Uranium (FCU:TSXV) now out of the way, the stage is set for consolidation wave in the Patterson Lake region of Saskatchewan.  Some questions were raised recently about whether this deal would be finalized following a lawsuit involving Fission which muddied the waters.  However, now… Continue Reading

Once an investor favorite, Cameco Corporation (CCJ) fell on hard times following the Fukushima disaster in March 2011. However, now there is ample reason for optimism from both a fundamental and a technical standpoint: Click to enlarge CCJ Daily CCJ Weekly Uranium Supply/Demand Gap ( Cameco Investor Presentation) Fukushima’s most dangerous operation yields first successes… Continue Reading

Disclosure: Author has no formal or informal pecuniary interest in Mega Uranium. However, author has acquired hundreds of thousands of Mega Uranium [MGA.TO] shares in the past three weeks. This investment opportunity is very high risk and is not suitable for most investors. Always do your own due diligence and please consult an investment advisor.… Continue Reading

We had the wonderful opportunity of attending the Canaccord Genuity Global Resources Conference during the past couple of days in Miami, Florida. Canaccord put on a first class event with many of mining and energy sector’s best CIOs and CEOs on hand. Below are some of the key takeaways from the conference: Most miners are… Continue Reading

An interesting development in the Canadian uranium sector from Reuters this morning; as part of the Canada-EU free trade agreement, Canada has agreed to ease foreign ownership restrictions on Canadian uranium mines.  Currently foreign mining companies cannot own more than 49% of producing Canadian uranium mines, but that is about to change claims Reuters.  Note… Continue Reading

Discovery Investing’s Chris Berry says he’s just returned from the SME Global Uranium Symposium last week in Corpus Christi, Texas, with his tail between his legs. “It appears that any “nuclear renaissance” will be delayed for some time due to a confluence of factors…This offers investors perhaps the most precious commodity of all – time… Continue Reading

Cameco Corp (CCO:TSX) provided an update on its Cigar Lake project located in northern Saskatchewan.  Cigar Lake is owned by Cameco (50% operator), AREVA (37.1%), Idemitsu Canada Resources (7.875%) and TEPCO Resources (5%).  Construction of the mine is currently at 97% however, while commissioning underground facilities, Cameco found more work that will delay jet boring… Continue Reading

There’s a tremendous post out from the good people at Sprott today: Hostile Takeovers Gone Bad. The author, geologist and investment advisor Steve Todoruk, says that Cameco made a fatal flaw in their attempted takeover of Hathor Exploration in 2011 by not acquiring shares in the company before the takeover announcement. As a result they… Continue Reading

By James Kwantes, World of Mining Rebalancing, Part 2: Signs of life (click here for part 1) In my last post, I detailed the positions that I’ve sold (Amerigo Resources, Sandstorm Gold/Metals & Energy) or dramatically reduced (Lumina Copper) in the past couple of months. This post takes a closer look at stocks I’ve purchased… Continue Reading

David Talbot, Senior Mining Analyst at Dundee Capital Markets, is one of the foremost uranium analysts in Canada. He sat down with the Energy Report to discuss a few of his favourite names. Read: Top Ten Stocks for a Uranium Price Rebound: David Talbot On the uranium price’s recent poor performance, Mr. Talbot commented, “What we… Continue Reading

Rumours are circulating on Howe and Bay Streets that someone may soon move on the PLS project in Northern Saskatchewan, a 50/50 joint venture held by Fission Uranium (TSXV:FCU) and Alpha Minerals (TSXV:AMW), fuelling demand for the shares of both companies. Click to enlarge: FCU.V AMW.V These are unsubstantiated reports, but the PLS project is… Continue Reading

Two weeks ago Sprott USA Chairman Rick Rule said: “This is the first time since 1992 that I’ve seen high-quality gold development assets reasonably and cheaply available in the market…” With the summer doldrums fast approaching what is a resource investor to do? While many will head off on vacation and try to avoid looking at… Continue Reading

Lately, the media has made much of Canada’s “Cold War Era” uranium policy, limiting foreign ownership rights to 49 percent of a producing uranium project. The policy’s loudest critics include Saskatchewan Premier Brad Wall, Newfoundland & Labrador Premier Kathy Dunderdale, Rio Tinto, Areva Resources, Paladin Energy Ltd. and the Australian government. As it stands, a… Continue Reading

Father and son Ben and Garrett Ainsworth may have lead Alpha Minerals and JV partner Fission Energy to the radioactive mother lode on a new frontier in the Athabasca Region of Northern Saskatchewan. Not long ago, Alpha Minerals, formerly ESO Uranium, was a dog of a stock. Trading at just $.02 last October, chances of… Continue Reading