WEDNESDAY EDITION

October 22nd, 2014

ICONS Home :: Archives :: Contact  
321energy

more 321energy

editorials

 
Why It's Different This Time
Keith Schaefer  Oct 16  

Are you afraid of a big bag oil shock, Ferdinand?
Ferdinand E. Banks  Oct 14  

Oil, Nat Gas, Inflation, Deflation and Gold discussion w/ Rick Rule
Market Sanity  Oct 03  

Oil Market Update
Clive Maund  Oct 01  

Energy Economics: A Modern First Course
Ferdinand E. Banks  Sep 30  

»» more editorials in the archives

market data


Ux U3O8 Price (Uranium)Oct 20th, 2014
$35.65 Unch www.uxc.com

»View Commitment of Traders.

expert analysis & newsletter briefs

Ur-Energy Inc.

"As far as the U.S. in-situ recovery (ISR) startups go, we recommend Ur-Energy Inc. . .production at Lost Creek in Wyoming has gone well in year one. Wellfields are performing nicely at the lower end of our cost curve at $20/lb. Due to current uranium prices, production was tapered back to accommodate selling exclusively into long-term contracts. Thus the operation is largely insensitive to price movements, as the company sells its uranium for more than $60/lb. Management is pretty excited about its Shirley Basin project. This is a recent acquisition from Areva S.A. that should have even higher grades and better properties suitable to ISR mining." (10/16/14) - The Energy Report Interview with David Talbot

Fission Uranium Corp.

"Among the Athabasca explorers, our top pick is Fission Uranium Corp. . .the Patterson Lake South (PLS) deposit is a potentially world-class discovery. It's shallow, high-grade, continuous, remains open in essentially all directions, and it's a basement-hosted deposit. We believe the project hosts about 80 Mlb at about 1.6% U3O8, but with increased cutoff grades, its average grade rises dramatically without shedding that many pounds. At less than a buck per share trading, Fission seems like a no-brainer. The stock hasn't been at this level since August 2013, and the company's added perhaps 40 Mlb to its deposits since then. Fission's also started contemplating mining scenarios. It significantly derisked the project, plus all 61 of its summer drill holes were successful at PLS. The company cannot miss. It's likely that many investors are waiting for an initial resource, which is due by year-end 2014. " (10/16/14) - The Energy Report Interview with David Talbot

Ur-Energy Inc.

"As far as the U.S. in-situ recovery (ISR) startups go, we recommend Ur-Energy Inc. . .production at Lost Creek in Wyoming has gone well in year one. Wellfields are performing nicely at the lower end of our cost curve at $20/lb. Due to current uranium prices, production was tapered back to accommodate selling exclusively into long-term contracts. Thus the operation is largely insensitive to price movements, as the company sells its uranium for more than $60/lb. Management is pretty excited about its Shirley Basin project. This is a recent acquisition from Areva S.A. that should have even higher grades and better properties suitable to ISR mining." (10/16/14) - The Energy Report Interview with David Talbot

Fission Uranium Corp.

"Among the Athabasca explorers, our top pick is Fission Uranium Corp. . .the Patterson Lake South (PLS) deposit is a potentially world-class discovery. It's shallow, high-grade, continuous, remains open in essentially all directions, and it's a basement-hosted deposit. We believe the project hosts about 80 Mlb at about 1.6% U3O8, but with increased cutoff grades, its average grade rises dramatically without shedding that many pounds. At less than a buck per share trading, Fission seems like a no-brainer. The stock hasn't been at this level since August 2013, and the company's added perhaps 40 Mlb to its deposits since then. Fission's also started contemplating mining scenarios. It significantly derisked the project, plus all 61 of its summer drill holes were successful at PLS. The company cannot miss. It's likely that many investors are waiting for an initial resource, which is due by year-end 2014. " (10/16/14) - The Energy Report Interview with David Talbot

Energy Fuels Inc.

"In a rising uranium price environment, I suggest a few producers, including Energy Fuels Inc. . .Energy Fuels has a Buy rating, high risk, with a $14/share target. Operations feed into its White Mesa Mill in Utah, which is the only fully licensed and operational U.S. uranium mill, and it's licensed for 8 Mlb of production per year. Energy Fuels is essentially 100% hedged, with sales of 800 Klb this year, opting only to sell into contracts. Most recently, sales were almost double those of spot prices. The company has some excellent contracts. Several operations remain on standby, or construction has been halted. Higher prices are required to unlock its vast pipeline, which includes projects in Wyoming and New Mexico, plus existing mines in Colorado, Utah and Arizona, which could lead to more than 45 Mlb of production company-wide. That would provide great leverage for this company." (10/16/14) - The Energy Report Interview with David Talbot


featured companies

Avanti Energy (TSX-V : AVN.V)
Enhancing Oil Production in Brazil and Colombia
[news ][website ]

Pan Orient Energy (TSX-V:CAN)
Canadian junior oil and natural gas company based in Calgary, Alberta.
[news ][website ]

Quantum Energy (QEGY.PK:OTC)
Development stage publicly traded diversified holding company with an emphasis in oil field development trading
[news ][website ]

Super Nova Minerals Corp. (SNP:CNSX, OTC:SNOVF)
Oil & gas exploration company focused on developing the Millford Bakken property
[news ][website ]

The Energy Report ()
Investment ideas for saavy investors
[news ][website ]

Torchlight Energy (NASDAQ: TRCH)
Oil Drilling and Working Interest in Oil Projects
[news ][website ]


from the publisher
  Robert J. Moriarty

Welcome to 321energy.



The Energy Report

Phil Flynn
http://www.pricegroup.com/
pflynn&pricegroup.com


The Phil Flynn Energy Report Wednesday October 22, 2014

Oil Pressure Rising

Bullish and bearish forces are slugging it out in the oil complex and something has to give. On one hand, Russia seemed to move the goalpost on an expected gas deal with Ukraine while the European Central bank is leaking stories that they may be in the market to buy cooperate bonds in an effort to thwart deflationary forces that have plagued the Eurozone. The sharp drop in oil prices as well as an economic slowdown in Europe, in particular Germany, is creating tension between Prince Al Waleed bin Talal, and Saudi Oil Minister Ali al-Naimi that seemed to reach a fever pitch on the Opening Bell with Maria Bartiromo. For oil today it is about supply and demand but it is also about the rising specter of deflation. The Consumer Price Index and the Energy Information Administration will be the deciding factors today.

Reuters is reporting that the European Central Bank is considering buying corporate bonds to help stimulate the economy. The EU is denying the report but if true it would weaken the Euro and put more downside pressure on Europe especially with most Fed moviemakers in the U.S. saying they are still going to end QE. That great divide in interest rate expectations has been one of the bearish forces that have helped oil lose almost 20% of its value since last June.

Yet oil seemed to bounce back as it seemed that Russia and the Ukraine do not have a deal to resume gas supply to the Ukraine. Despite optimism by the Ukraine, Russia now is demanding prepayment for gas and is demanding that some entity show evidence in the next five days that international lenders or other organizations were able to guarantee Kiev as good for the money. Obviously that is not going to happen. The Russians seem to be betting that colder temperatures may force Europe to give into their constantly changing demands.

Oil pressure is causing strain with producers and users alike. Yesterday Maria Bartiromo interviewed Saudi Prince Al Waleed bin Talal who basically said that the Saudi Oil policy of pumping oil is a mistake. He said that the falling oil price was caused by a confluence of events on the supply and demand side. He noted rising oil production in the U.S. but other countries as well. He warned of falling demand in China but he said the slowdown in demand in china is what broke "the camel's back".

Open your Price Futures account today! Just hit this link and you are on your way! https://newaccount.admis.com/?office=269.

The Price Links Video series gives insight across the financial spectrum. https://www.youtube.com/playlist?list=PLDq9JQANqxRxCBaHqunzBT4Frxitjw-XV.

You can also get updates if you follow me on Twitter@energyphilflynn and you can also join me on Face Facebook. If you have any questions or if you want to get my wildly popular trade levels call me at (888-264-5665) or Email Pflynn@pricegroup.com.

There is a substantial risk of loss in trading futures and options.

Past performance is not indicative of future results. 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 commodities. PFGBEST, its officers and directors 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.

Phil is one of the world's leading energy market analysts, providing individual investors, professional traders and institutions with up-to-the-minute investment and risk management insight into global petroleum, gasoline and energy markets. Phil's market commentary, fundamental and technical analysis, and long-term forecasts are sought by industry executives, investors and media worldwide.

PLACING CONTINGENT ORDERS SUCH AS "STOP LOSS" OR "STOP LIMIT" ORDERS WILL NOT NECESSARILY LIMIT YOUR LOSSES TO THE INTENDED AMOUNTS. SINCE MARKET CONDITIONS MAY MAKE IT IMPOSSIBLE TO EXECUTE SUCH ORDERS.

Past performance is not indicative of future results. 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 commodities. Alaron Trading Corp. its officers and directors 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.

Contact Phil at 800-935-6487 or pflynn&pricegroup.com.



Home :: Archives :: Contact  

WEDNESDAY EDITION

October 22nd, 2014

© 2014 321energy.com



Visit 321gold.com