Posts on this website are general "tips" and nothing more than that and should never be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy.

POliticians talking up uranium share market not buying it

June 9th, 2011

Despite a number of positive comments by Martin Ferguson et al about the brilliant future for uranium the Australian Uranium Share Index still presents a gloomy picture (again) this week.

Personally I think that the new green tinged senate in july will make any progress within Australia reasonably doubtful. The Namibian uncertainty is still looming large… but perhaps a bright spot with AURA energy ASX: AEE rising strongly today…

Uranium share indexes updated and still ugly

June 3rd, 2011

There has been some chatter that uranium shares were coming into favor. I’d been waiting to see the Australian share index’s behavior over the last week… still doesn’t look nice and seems that it might still have further to go.

I’ve added in the GURAF chart as it is useful to see how the global index is going as compared with the Aussie plays.