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May 26th, 2017

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Oil Market Update
Clive Maund  Apr 12  

Oil Market Interim Update - You Won't Get A Clearer Warning Than This One...
Clive Maund  Mar 04  

This Past Week In Energy
Jack Chan  Feb 14  

Oil Market Update
Clive Maund  Jan 04  

Did Anyone Actually Read Don Quixote?
Bob Moriarty  Dec 10  

»» more editorials in the archives

market data


Ux U3O8 Price (Uranium)May 16th, 2017
$21.50 -$1.00 www.uxc.com



»View Commitment of Traders.

expert analysis & newsletter briefs

NexGen Energy Ltd.

"My top pick for 2016 is NexGen Energy Ltd. . . Arrow is an emerging world-class deposit that is still in the early stages of discovery. The state—it being so early in the delineation and development process—means a lot of upside still remains. . .the company just closed a $21M financing, which means the company has enough cash to carry through 2016 and beyond." (12/23/15) - Gwen Preston, Resource Maven

NexGen Energy Ltd.

"My top pick for 2016 is NexGen Energy Ltd. . . Arrow is an emerging world-class deposit that is still in the early stages of discovery. The state—it being so early in the delineation and development process—means a lot of upside still remains. . .the company just closed a $21M financing, which means the company has enough cash to carry through 2016 and beyond." (12/23/15) - Gwen Preston, Resource Maven

Fission Uranium Corp.

"Fission Uranium Corp. announced it entered into a binding letter of intent with China's CGN Mining, a subsidiary of nuclear giant China General Nuclear Power Group, to acquire 19.99% of Fission as part of an CA$82M strategic investment, along with a potential future offtake agreement on production from Patterson Lake South (PLS). . .we urge investors to bolster positions in Fission as the deal derisks development financing, and in the interim, should fund PLS through full feasibility and permitting." (12/22/15) - David Sadowski,

Energy Fuels Inc.

"Energy Fuels Inc. is the only conventional uranium producer in the U.S. and the second-largest producer overall. It has the potential become #1, given the projects and mines it has on standby or that are close to being in development. At full ramp-up we expect the company to be able to produce 5–7 Mlb/year, in a country currently producing 4–5 Mlb/year. The U.S. consumes 55 Mlb/year, but only about 10% is supplied domestically. U.S. utilities seeking security of supply will greatly prefer U.S. producers over those from Kazakhstan, Russia or Africa. This company is well positioned to benefit from higher uranium prices. We have a Buy rating with a target price of $11.85/share." (12/22/15) - The Energy Report Interview with Rob Chang

Fission Uranium Corp.

"Fission Uranium Corp. announced it entered into a binding letter of intent with China's CGN Mining, a subsidiary of nuclear giant China General Nuclear Power Group, to acquire 19.99% of Fission as part of an CA$82M strategic investment, along with a potential future offtake agreement on production from Patterson Lake South (PLS). . .we urge investors to bolster positions in Fission as the deal derisks development financing, and in the interim, should fund PLS through full feasibility and permitting." (12/22/15) - David Sadowski,


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from the publisher
  Robert J. Moriarty

Welcome to 321energy.



The Corn & Ethanol Report

Daniel Flynn
http://www.pricegroup.com/
dflynn@pricegroup.com


The Corn & Ethanol Report 05/25/17

Market Doldrums

Good Morning!

This morning we have Export Sales at 7:30 A.M., Initial Jobless Claims at 7:30 A.M. and EIA Gas Storage at 9:30 A.M. Which brings us to Scott Disavino of Thomson Reuters weekly poll with 22 analysts participating this week predicting injection builds of 65 bcf to 82 bcf with the median 71 bcf. This compares to 68 bcf last week, the 1 year of 71 bcf and the five-year average of 90 bcf. The June contract is set to expire tomorrow so we will roll to the July contract which is currently trading at 3.310 which is 1 cent higher. The trading range has been 3.321 to 3.291.

On the Corn front like many other markets in the basket of commodities seem to be trading in a malaise. No rhyme or reason to the market reaction with light volume. Monday's Crop Progress report did little to change the bearish sentiment of investors in this market. They may have a rude awakening as USDA yield numbers change during the growing season. In the overnight electronic session the July Corn is currently trading at 372 1/2 which is 1 1/4 of a cent lower. The trading range has been 373 to 370 3/4. The $60 Thousand Dollar Question is, "How further can they press this market"?

On the Ethanol front there were no trades posted in the overnight electronic session. The July contract settled at 1.505 and is currently showing 1 bid @ 1.506 and 4 offers @ 1.525 with Open Interest at 1,449 contracts.

Speaking of malaise the Crude Oil market could not muster a rally even after bullish inventory numbers Tuesday and Wednesday. Early whispers out of the OPEC meeting did little to get the bulls back in the game with passion with light volume in this holiday week. The whispers are not the final word and this could have shaken some investors out of the market. In the overnight electronic session the July Crude Oil is currently trading at 5070 which is 66 points lower. The trading range has been 5200 to 5008.

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The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or futures. The PRICE Futures Group, its officers, directors, employees, and brokers may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction. Reproduction and/or distribution of any portion of this report are strictly prohibited without the written permission of the author.

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