Having bought the JAN09 Call Options of Denison Mines Corporation at a strike price of $7.50 for $1.10 per contract the underlying stock price promptly fell out of bed.

However (read more…)

As we can see from the above chart Denison’s stock price has fallen back to the $6.50 level and the technical indicators are on the floor, which suggests that DNN is over sold. We now think that the downside is limited for Denison Mines Corporation, as the stock price appears to have some support at this level (read more…)

The proposed takeover of British Energy by the French company EDF is not yet a done deal. EDF’s bid which is in the order of £11 billion has ran into a number of problems including some voiced by British Members of Parliament.

A report compiled by the Commons Business and Enterprise Committee, warns that (read more…)

As we can see from the above chart Denison Mines Corporation has oscillated between $9.00 and $6.00 over the last six months. We can also see that the stock has formed a series of higher lows in an attempt to break through to higher ground. The chart also shows that the technical indicators are heading south so a buying opportunity could soon present itself (read more…)

Russia has recently climbed up the table of uranium producers and slipped into fourth place behind Canada, Australia and Kazakhstan having produced 3,527 tons of uranium in 2007.

We have to hand it to the Russians for taking an aggressive proactive stance in developing opportunities both within and outside of their own geographical borders (read more…)

Eight new nuclear power stations are to built throughout England aided by new planning laws that will enable these projects to be fast-tracked. Well, what can we say, they are getting there and this should help the United Kingdom to get to the construction stage a little faster than the normal process would allow. The planning process for another runway at Heathrow took six years to unfold and heaven only knows how much it must have cost all concerned (read more…)

Occasionally we receive requests in our mailbag regarding various oil companies as possible investment vehicles, which unfortunately we do not cover. However the team over at Casey Research has sent us their latest take on the subject, which we are posting for your perusal. The views expressed are the views of the author and not necessarily the views of the team here at uranium stocks (read more…)

Chart courtesy of U308.biz.

One of our readers alerted us to slight increase in the spot price of uranium today with The UX Consulting Company and Tradetech putting the price at $60/lb. Although we should be focused on the long-term price we are grateful for these small mercies (read more…)

Ruth Kelly

The United Kingdom is at last becoming aware of the dangers and the downside to the production of Biofuels.

Professor Ed Gallagher, head of the Renewable Fuels Agency and his team of experts have produced a report looking at the impact of energy policy on land use which concludes that Biofuels should be introduced more slowly due their damaging effect on forestry and agriculture (read more…)

The construction of a new coal-fired power station has been blocked by the US state of Georgia, as the issue of carbon dioxide emissions becomes a hot topic.

This could well set a precedent for future coal fired power plants as the judge, Fulton County Superior Court Judge Thelma Wyatt Cummings Moore, cited a decision by the Supreme Court ruling recognising CO2 as a pollutant, before putting a halt to this project (read more…)