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April 9th, 2020

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Oil Market Update...
Clive Maund  Mar 14  

Oil Market Update...
Clive Maund  Dec 12  

Oil Market Update - consequences of Saudi attacks...
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Oil Market Update
Clive Maund  Jul 30  

Evaluating US Nuclear Competitiveness and its Future as a Carbon–Free Clean Energy Source
Keith W. Rabin  Jul 25  

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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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  Robert J. Moriarty

Welcome to 321energy.



The Corn & Ethanol Report

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


The Corn & Ethanol Report 04/07/2020

Full Super Moon Rising!

Good Morning!

We started this morning with the NFIB Business Optimism Index coming in at 96.4 down from the previous 104.5 but better than the 95 that forecasted. We also have Redbook YoY and MoM at 7:55 A.M., IBD/TIPP Economic Optimism for April and JOLTs Jobless Openings (Feb) at 9:00 A.M., 3-Year Note Auction at 1:00 P.M., Consumer Credit at 2:00 P.M. and API Energy Stocks at 3:30 P.M. The Stock Market has really perked up and seems excited that we may be seeing some light at the end of the tunnel and hope the Economic Optimism for April will be reported less negative than the expectations.

On the Corn front we settled at new contract lows in yesterdays action. Prices in the Energy sector has spilled into the Grain complex. Export demand is improving but not at the rate farmers would expect or wish for, hoping for better numbers at these price levels. Funds picked up volume as they went into selling more with the new lows. The May contract settled at 327 3/4 which was down 3 cents after making a new low of 325 1/2. However, we are bouncing back in the overnight electronic session currently trading at 332 1/2 which is 4 3/4 cents higher. The trading range has been 332 1/2 to 328.

On the Ethanol front China isn't saying if it plans any purchases of ethanol at the moment. With the prospect of buying oil at low prices and tack on a discount they would love to swim in Crude. Expect with the decline of restaurant serving, you can also expect a decline in Ethanol, Dairy and Fishing industries and Livestock producers that will ask for federal assistance. There were no trades posted in the overnight electronic session. The May contract settled at 0.869 and is currently showing 1 bid @ 0.810 and 2 offers @ 0.950 with open Interest at 310 contracts.

Any questions on the markets call me at 888-264-5665 or e-mail me at dflynn@pricegroup.com

Have a Great Trading Day!



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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.

Contact Dan at (888) 264-5665 or dflynn@pricegroup.com.



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April 9th, 2020

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