STOCKCHASE

Large cap cash flowing producer. Risk is a lot less

2010-07-27

BUY

3.390

Interest seems to be building up on uranium. There will be a shortage of uranium but projects are very tough to bring into production. This is the exception in that they have delivered whatever they promised. Best management team.

2010-07-15

PAST TOP PICK

3.400

(A Top Pick July 16/09. Down 22.35%.) Has reduced his position in this one.

2010-07-13

BUY

3.570

Likes uranium. It has been bottoming for the last year or so. Uranium is going to benefit from the resource cycle. In the next one to two years you will be well rewarded.

2010-04-26

BUY

3.800

Likes uranium but doesn't own a lot at the moment. Thinks it's setting up very nicely for the next 1 to 2 years. This one has a good growth production going forward. Have had a few stumbles while ramping up production but not unexpected.

2010-01-20

PAST TOP PICK

4.090

(A Top Pick March 2/09. Up 90.3%.) One of the few growing publicly traded uranium producers globally. Could be a buying opportunity.

2010-01-06

TOP PICK

3.800

Jamie Horvat

Likes uranium longer-term. 2013-2014 seems to be a pitch point for uranium on positive longer-term, given the growth and development of uranium assets and nuclear facilities for China and India. Langor 2 and stage III seems to be going well. Growing 2.3-2.6 million pounds a year, going to 6.6.

2009-12-16

Comment

3.970

Uranium. Stumbled in their last quarter. Have growing pains in their Malawi project. One of his top holdings.

2009-12-04

Comment

4.290

Cameco (CCO-T) indicated they would like to make an acquisition but thinks this would be too large even though this company is in areas where they aren't.

2009-11-18

BUY

4.150

Uranium. This would be his choice of producing companies.

2009-10-28

TOP PICK

4.350

Mike S. Newton, CIM FCSI

There are 277 Nuclear reactors coming on stream in the next 2 to 3 years. You get a higher growth profile than Cameco. Has about $100 Million in cash. It could be a take-out kind of thing.

2009-10-27

Comment

4.330

Jeff Parent

Momentum has completely died down and is now consolidating in a narrowing range. Good support just below the $4 level and that would be a Stop ($3.99). If it breaks out it could go to $5 and it looks like it might do that.

2009-10-07

PAST TOP PICK

4.090

(A Top Pick March 2/09. Up 88.5%.) Uranium. Did a massive financing at around $4.40, which put a lid on the stock. (See Top Picks.)

2009-10-05

BUY

4.000

Jim Huang

Likes outlook for uranium. This one is producing and has exploration upside. Has a mine in production and another coming in.

2009-10-02

HOLD

4.270

Laura Lau

(Market Call Minute.) She is neutral on uranium but this is the premier name.

2009-09-30

TOP PICK

4.200

Better balance sheet, lower cost and better growth. Big deposit in Australia. Rumors that they have cash for a take-over. May be looking at something in Peru. His outlook for uranium is that there is an up-tick coming.

2009-09-15

PAST TOP PICK

4.150

(A Top Pick Nov 21/08. Up 146.4%.) Uranium. Incredible management.

2009-09-02

BUY

4.180

Laura Lau

Slow time of year for uranium. September is when utilities start making deals with mine production companies so there should be more activity next month. Canada used to be the biggest uranium producer but has been surpassed by Kazakhstan, which has a lot of uranium that can be brought on very quickly. Doesn't see a lot of downside for uranium from here.

2009-08-14

TOP PICK

4.340

Very few good quality companies in uranium. Tremendous growth opportunity. Thanks they will triple production in the next 3 or 4 years. Producing in Namibia and started their mine in Malawi. Good cost structure. Uranium is in the low $50 range and is looking for this to move up.

2009-07-16

BUY on WEAKNESS

3.870

Accomplished what they said, which speaks highly of management. Have many other projects to go. This would be the “go to” stock for uranium. Very bullish on uranium. Hopes that it has a massive hit so you can buy it on weakness.

2009-07-07

BUY

4.400

Uranium is picking up a little bit. Seasonally, uranium prices go sideways in the summer. Would be a buyer anytime it gets down around $4.

2009-06-25

TOP PICK

4.450

Uranium market has come back to life and investors are interested again. Looking for $70 a pound in a year. One of the only growing producers unhedged and doesn't have a utility or foreign partner. To move production from 3 million pounds a year to potentially 5-6 million.

2009-05-26

Comment

4.280

Bill Harris, CFA

People are still excited about uranium, which has a great fundamental outlook. This company seems to be the cleanest of the group but it is slightly expensive. With uranium going up, you could consider trading this but he is not touching it.

2009-05-19

BUY

3.840

Jim Huang

Likes uranium and think the prices are poised for a rebound to something like $60

2009-05-07

BUY

3.820

Peter Hodson

Could make a significant acquisition for someone in the US. Short sellers forced the stocks down in these stocks. Great name. This could triple or quadruple.

2009-04-30

BUY

3.870

Production is going right. Some view this as a take-out target. Worth holding.

2009-04-28

HOLD

3.270

Uranium has been correcting lately but thinks this is coming to an end. Best suite of assets, including in Australia and Africa. Management has good technical and strategic abilities. Uses this as a partial Pair trade by shorting some Denison Mines (DML-T) at the same time. Consider Buying between $2 and $3.

2009-04-02

TOP PICK

2.170

(A Top Pick Jan 28/08. Down 50%.) Should produce 3 million pounds of uranium this year. Hope to grow to 9 million in 5 to 10 years. Debt is manageable. Looking for it to tend to the $3-$4 range in the next few years.

2009-03-02

PAST TOP PICK

2.160

(A Top Pick Feb 28/08. Down 59.8%.) Long-term outlook for uranium is positive and a nice alternative to oil. He doubled up his holdings at $1.59 in November. Going to hold for the next couple of years.

2009-02-23

DON'T BUY

2.690

Bill Harris, CFA

In this global economic de-leveraging, he would prefer companies without debt.

2009-02-10

BUY

2.440

Uranium has one of the better fundamentals. A bankrupt US bank had to liquidate their uranium holdings so uranium has dropped short-term. Strong management and a good reserve life. Would be a good Pair trade going long this one and short Denison (DML-T).

2009-02-05

BUY

2.310

Don Vialoux

(Market Call Minute.) Technicals look great. Nice breakout recently.

2009-01-30

BUY

2.590

Jeff Parent

(Market Call Minute.) Breaking out of a nice base and looks pretty good.

2009-01-05

BUY

1.910

Uranium. A producer and has positive free cash flow. A higher growth/low-cost way to play. Well financed.

2008-12-23

HOLD

1.900

(Market Call Minute.) Uranium. If you are patient, this is a great company. Just a question of time.

2008-12-02

Comment

1.660

One of the better of the few uranium companies. Namibia is a good place to mine. (See Top Picks.)

2008-11-25

TOP PICK

1.680

Uranium looks like it is bottoming. They are in production and are cash flowing. Keeps increasing its reserves on its 2 projects. Planned production increases for their existing mine. Would be a fantastic fit for Cameco (CCO-T).

2008-11-21

BUY

5.880

(Market Call Minute.) Likes this one a lot and if he had excess cash it's one he would be adding to.

2008-06-24

HOLD

5.540

An emerging uranium producer. Has been hit by the lower price of uranium. Believes uranium is close to bottoming here. Their growing production will increase cash flows going forward.

2008-05-29

Comment

5.660

Most uranium stocks have been doing really well recently. Probably the highest quality in terms of the smaller uranium companies but this is not his favourite. He prefers smaller cap companies that are at an earlier stage such as Ur-Energy (URE-T).

2008-05-27

PARTIAL BUY

3.860

Some issue on a lot of shares being sold without permission. This stock, like a lot of uranium stocks, is going to be really dependent on the US economy. Right now, we are still in a decline and he would suggest putting some on now and adding to it later on.

2008-04-29

BUY

4.290

A uranium producer and well run. Its Langer Heinrich mine in Namibia has had some teething problems so production in the quarter was lower than expected. Will make it up later in the year. Uranium as a solution to the energy problem has to be a long-term play.

2008-04-11

BUY

5.520

Going ahead with some fairly meaningful development of their resources. Have done a debt issue as well as a convertible debt. Raising some good-sized capital to further develop some of their opportunities. Over time, you will see some decent gains.

2008-02-29

TOP PICK

5.670

Because he likes uranium, he likes this stock and Denison Mines (DML-T) both. On a longer-term view, it is one of the clean energies. Uranium prices are at $75 even though the long-term price is $95. Around the world all the emerging producers are having various delays and problems. For a 2 or 3 year view he could see higher prices.

2008-02-28

BUY

5.320

(Market Call Minute.) Now that Uranium One (UUU-T) is having its difficulties, this would be a Buy. Money will be flowing out of Uranium One.

2008-02-25

TOP PICK

4.470

Been quite weak over the last year but it's a near-term producer and will produce 2.5 million pounds a year out of their Langer Heinrich mine in Namibia. Could potentially get up to 8 million pounds a year by 2010 when their Malawi mine opens up.(Buy uranium stocks when uranium is near its bottom, possibly around $75/$80.)

2008-01-28

HOLD

4.320

Robert Cohen B.A.Sc., MBA, CFA

If you are looking for non-economically sensitive places, uranium should fit. Weekly short-term spot market in uranium was down by $4 and stocks got hit but the supply/demand looks very good. Thinks the stock price goes higher this year.

2008-01-23

BUY

6.180

He is bullish on uranium. This is probably a good entry point. Great management.

2008-01-03

BUY

6.210

A possible takeover candidate.

2007-12-11

TOP PICK

5.880

Has struggled a bit this year in getting Namibia up to full production. Thinks this will occur in 2008. Looking for upside in late December with their Malawi project potentially having an increase in resource. Good price. NAV is close to $7.

2007-11-29

BUY

5.950

Derek Webb, CFA

He is very bullish on uranium.

2007-11-28

Comment

5.650

Uranium. In a start up phase and mining is difficult. A big part of its future production is in Malawi. Not hugely keen on it at the moment. Would prefer UEX (UEX-T).

2007-11-27

BUY

5.670

Uranium companies are having teething problems in the sense that a lot of them are new producers. Higher uranium prices are positive for them, but negative if they cannot produce. He would be a buyer here. Great value at this price.

2007-11-22

HOLD

7.340

Would definitely hold this one.

2007-10-31

BUY

6.840

It was almost a top pick. (The recent run-up changed his mind) It is moving because the uranium price is going back up. He expects the stock to go higher.

2007-10-24

HOLD

5.890

One of the larger uranium companies, larger market cap. Very large resource. Increasing production. Uranium price went down and stock followed. Risk that price may go lower, stock is bouncing. Thinks that stock has finished correcting. More risk in downside short-term, long term is bullish. Demand will be higher than supply. Hang on for long term.

2007-09-17

HOLD

5.090

Is down along with the uranium sector. Had a little bit of shortfall in its early day production. Has an asset in Australia which might be worthwhile. Hasn't quite got the broad profile as Uranium One (UUU-T).

2007-09-10

DON'T BUY

5.040

Jeff Parent

Has broken through its base. That is a bad sign. Trading a little bit higher today, but that is not indicative of a big rally. Expect it will reach a $4.50 -$5 before it goes up.

2007-08-15

HOLD

5.550

Wouldn't worry about this company. It is a real company with real assets. They are producing uranium right now. The main issue is the price of uranium and all uranium stocks have gone down.

2007-08-07

DON'T BUY

6.150

Likes the management and long-term prospects, but sold her holdings. Uranium prices look like they have topped for now and would like to see it base for a couple of months. Had some difficulties with their South African mines.

2007-08-01

BUY

6.790

Cut their production in their producing mine, which was expected. If you believe in uranium longer term, this is very cheap.

2007-07-30

WAIT

7.710

Uranium. Have just started to produce. This is a “go to” stock when you want uranium. Price of uranium is going down right now so stock prices dropping. Long-term, this is a good stock.

2007-07-16

BUY

7.420

One of the top producers now with their new property that has come onstream. They've just recently had to reduce production due to equipment failure, which has reduced the price. This is a temporary problem. One of their top holdings.

2007-06-28

BUY

7.880

Have not got the OK to mine their Australian uranium property yet. Expects the development will happen over the next several months.

2007-06-25

BUY

8.050

Likes the uranium producers. Well positioned to benefit from the lack of new production globally.

2007-06-20

Comment

8.010

David Baskin

Depends almost entirely on the price of uranium. You should realize that the price of uranium is predicated on the world building more nuclear reactors. The time needed is measured in fractions of decades before the demand for uranium increases due to use. Speculative.

2007-06-19

DON'T BUY

7.800

In terms of some of the uranium stocks, valuations got pushed too high and prices had to come down. Expect there will be further softness.

2007-05-30

BUY

7.750

Has been a bit troubled by why it hasn't performed better. This is one of the premier emerging intermediate producers. Good management. Have developed the Namibia mine from the ground up and within costs and on time. Moving into Malawi to build their next mine. Completed their acquisition of their 50% partner Summit resources out of Australia. On the right growth path.

2007-05-17

BUY on WEAKNESS

8.480

Near-term uranium production. No long-term hedges.

2007-05-10

Comment

8.890

Acquiring Summit Resources out of Australia. One of the better managed companies.

2007-04-18

Comment

9.690

Steve Carlin

One of the few uranium production companies that is up and running. Close to his target price, so he leans more towards a Sell them a Buy. Still upside. From a valuation perspective, it is trading at 17 X 2008 numbers, which has a $100 uranium price.

2007-04-05

BUY

9.690

SXR Uranium (SXR-T), Paladin (PDN-T and Denison Energy (DML-T) are the 3 companies fighting to become the next major uranium producer. Have a mine in Namibia. A great story to own.

2007-04-05

BUY

9.300

Likes uranium and his picks of companies are Paladin Resources (PDN-T) and Denison Mines (DML-T). On a valuation basis, he would have slight preference for Denison.

2007-04-02

BUY

9.120

Main mine is in Namibia, reasonably safe politically. Next year will be focusing on a mine in Malawi. Also have properties in Australia.

2007-03-30

BUY

9.010

He is bullish on the price of uranium. Recently acquired Summit Resources in Australia. Likes the stock and thinks it will go higher. In the enviable position of being a near-term producer.

2007-03-28

Comment

8.920

Hugh Cleland, CFA

A lot of speculative money in uranium and they get on the Chinese exchange took a lot of the speculative money out. Expect this is why the stock has stalled.

2007-03-26

PAST TOP PICK

8.780

(A Top Pick Mar 29/06. Up 103%.) Uranium in Namibia. Still likes.

2007-03-23

Comment

8.190

David Cockfield

Uranium. He is concerned about the location of its mines in Africa.

2007-03-15

Comment

7.870

Its uranium continues to go up, the stock has a lot of upside. Very little hedging. His style is to go to the companies with newer projects, but this is a “go to” stock for uranium.

2007-03-13

BUY

8.100

Greg McCoach

Had a tremendous run up and made a lot of money for its early investors. One of the forces to be reckoned with in the uranium industry.

2007-03-08

BUY on WEAKNESS

7.830

Likes uranium. This stock recovered by about 13% today. Under $7 is a great entry point. Made an offer for some uranium deposits in Australia recently, using shares, which knocked the stock down. Should recover.

2007-03-06

HOLD

9.220

Thinks it may have stalled. Will probably consolidated here. Could get taken over.

2007-02-26

DON'T BUY

9.270

David Cockfield

Not his favourite in the uranium stocks because their assets are in uncertain political territory in southern Africa. Would prefer Denison (DML-T) or SXR (SXR-T).

2007-02-23

BUY

9.710

David Burrows

Uranium continues to look very good. This is a higher risk period for uranium stocks. Pick your entry point and know when you're going to sell.

2007-02-20

BUY

8.700

Good holding in uranium. Expects it to do very well. Good management. This and sxr Uranium One (SXR-T) she would consider as her blue-chip uranium stocks.

2007-02-07

PAST TOP PICK

8.240

(A Top Pick Nov 15/06. Up 60.1%.) Started its first uranium production in December in Namibia. Has another mine next year. Easy money has been made,

2007-02-05

BUY

7.970

Likes uranium companies that have unhedged production. There are a basket of producers emerging in 2007 and 2008 that fit this criteria, including SXR Uranium (SXR-T), UrAsia (UUU-X) and Paladin (PDN-T). All 3 are high-grade acquisition targets.

2007-01-29

BUY

7.650

Thinks the intermediates are really good candidates for takeovers by the really big companies. Still buying around $8. Could have another leg up this year.

2007-01-18

HOLD

7.400

If you want to buy the highest-quality in uranium production, this is the second stock next to Cameco (CCO-T). Just started producing. Stock is no longer cheap. It will stay expensive.

2007-01-10

SPECULATIVE BUY

7.650

Alex Ruus

Short-term environment for uranium is tremendously bullish. This is one of the more interesting companies in the area. In the short-term, it will probably continue to make more money. Have to be very careful as there is a lot of money coming into the sector and we may be into the making of a bubble.

2007-01-04

BUY

7.640

Will be producing their first few hundred pounds of uranium in the next few weeks. Have other project, which could take them to 8 million pounds over the next several years. Not cheap, but if you believe in the price of uranium, this could be one could own.

2006-12-27

SELL

7.370

This and Denison (DEN-T) are the 2 near producers of uranium. This one starts up any time and will benefit from higher uranium prices as opposed to the non-producers. Will probably have a pull back and would like to Buy at around $6.

2006-12-21

DON'T BUY

7.160

The flooding of the Cigar Lake mines pushed some of the junior uranium companies’ stock prices. Now getting a little rich in terms of expectations.

2006-12-19

Comment

6.570

Gavin Graham

Doing very well as uranium is in a raging bull market. Properties in Namibia and Australia.

2006-12-07

HOLD

6.290

Cigar Lake mine flooding took out 7% of the world's uranium production. Prices have gone up more. Has exposure in Australia and Africa and the projects look to be high quality.

2006-11-24

BUY

5.800

They are likely to be the first into uranium production in Namibia. Also have a project in Malawi.

2006-11-22

BUY

5.650

Bill Harris, CFA

An open pit uranium mine. Expensive, but not terrible.

2006-11-20

TOP PICK

5.120

The junior uranium that’s the closest to production. Has a mine in Namibia that comes on stream next month.

2006-11-15

Comment

4.960