Potential Uranium Companies

This article is an interview of Edward Sterck from BMO Capital. Here is a list some potential uranium companies from Edward Sterck: BAN:TSX; BMN:ASX, CCO:TSX; CCJ:NYSE, EXT:TSX; EXT:ASX, KAH:LSE; KAH:NSX, PDN:TSX; PDN:ASX, UUU:TSX

Uranium One is Edward Sterck top pick out of all companies that he mentioned.

Here is the article: http://www.businessinsider.com/nuclear-energy-markets-tighten-edward-sterck-2012-1

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China begins a stealth uranium buying spree!

Since the nuclear disaster of Fukushima Daiichi power complex, uranium has been one of the world's most hated resources. Uranium has falling about 45% from the peak to rough. The sector was despised.

China is one of the worlds biggest energy consumers. The country has been facing a sever shortage of electrical power. It already consumes a huge amount of coal and natural gas to generate electrical power. However, it needs to get energy from every source possible.

Two national companies from China, China Guangdong Nuclear Power Holding Company and Hanlong Mining Investment have been trying to buy giant uranium deposits in Africa. China Guangdong appears that it will succeed in buying Kalahari Minerals and Extract Resources, which co-own the worlds fourth largest uranium deposit.

Hanlong Mining had already made a cash offering to buyout Bannerman Resources for their Etango project in Namibia in Oct. 2011. The conditional offer was $144M which was turned down by Bannerman with currently a market value of $62M.

"Smart Money" is starting to buy into uranium sector again. We are expecting several uranium winners this year.

You are reminded that you are responsible for your own due diligence. We share in neither your profit nor your losses

BCGold Corp secures 75% interest in Engineer Gold mine!

With this news release we can conclude that the management team does strongly believe that the Engineer gold mine can be brought to production and be profitable.

Vancouver, British Columbia, January 18, 2012 (TSX-V: BCG and PINK SHEETS: BCGOF) – BCGold Corp. (or the “Company”) is pleased to announce the vesting of an additional 15% interest in the Engineer Gold Mine property (the “Property”) to the Company, bringing its ownership in the Property to 75%. As per the terms of an amended option agreement (see January 14, 2010 news release) to acquire the Property from Engineer Mining Corp. (“EMC”), the Company has issued 2,105,263 common shares and 100,000 common share purchase warrants to EMC in exchange for the additional interest. The common shares issued are subject to a four month hold period as imposed by the TSX Venture Exchange. Each warrant will be exercisable to purchase one BCGold Corp. common share at a price of $0.12 for up to two years after the date of issuance.

BCGold Corp. holds the option to earn a 100% interest in the Property by electing to either make a cash payment of $400,000, or to issue $400,000 worth of common shares and 100,000 warrants to EMC prior to January 16, 2013.

In 2011, BCGold Corp. continued to advance the Engineer Gold Mine Property and the adjacent Gold Hill property by undertaking $1,060,000 in exploration and development work. The Company successfully mined 350 tonnes of bulk sample material from underground workings and an additional 50 tonnes from surface trenching. Approximately 246 tonnes of this material was processed on site using the gravity separation mill, which yielded approximately one tonne of gold-rich concentrate as three separate products (see December 14, 2011 news release). The 815 kg of Table Concentrate returned a weighted average grade of 2,140.1 g/t Au (62.4 oz/ton), with one subset bulk sample returning 6,485.8 g/t Au (189.2 oz/ton).

Assay results are pending for 190 kg of Sluice and 5 kg of High-Grade Gold Stream concentrates. Upon receipt of the remaining assay results, a diluted mining head grade will be calculated for the 246 tonne composite bulk sample. Management is highly encouraged by the 2011 program results and is currently planning a similar, considerably larger program with a significant diamond drilling component in 2012.

News Link: http://www.bcgoldcorp.com/index.php?id=127&y=2012&news=148#pagetop

You are reminded that you are responsible for your own due diligence. We share in neither your profit nor your losses

Uranium sector jolts back to life

Here is another article that is supporting the come back of the uranium sector. Its starting to heat up again!

Tuesday, January 17, 2012

By Darcy Keith

The uranium sector is showing some signs of powering back to life after largely being stuck in the doldrums for months in the aftermath of the nuclear crisis last year in Japan.

The Global X Uranium ETF , which holds more than 20 global uranium stocks including several Canadian names such as Cameco , Uranium One and Denison Mines , is up nearly 10 per cent today. Its competitor, the Market Vector Uranium and Nuclear Energy ETF , is up more than 5 per cent.

Some of the gains can be attributed to a 15 per cent rally in Uranium One Inc. shares Monday as the company reported 2011 production that beat guidance and announced the purchase of a 13.9 per cent stake in Mantra Resources. That bolstered sentiment across the sector Monday, but with the U.S. market having been closed, U.S.-listed ETFs are seeing the lift today.

Some analysts also note comments from China’s prime minister, Wen Jiabao, this week at the World Future Energy Summit in Abu Dhabi that further highlighted the country’s intention to go strong on renewables and nuclear power as it tries to limit the use of coal.

“Uranium names are hot right now and appear back in favour after UUU news and comments by the Chinese Prime Minister backing uranium,” said Rob Chang, analyst with Versant partners.

That outlook is further buoyed by the fact that some uranium projects were postponed or cancelled because of difficulties in getting financing after Fukushima, limiting future supplies.

Still, many analysts note it could be a lengthy wait for uranium stocks to get fully re-energized after the Fukushima incident last March ignited worries about the possible demise of nuclear power.

“The uranium market has near-term uncertainty given the potential for excess inventories to be put onto the market from Germany and Japan as well as the extent to which existing orders may be cancelled or deferred,” cautioned UBS analyst Brian MacArthur in a research note. “Over the long-term, future growth is still expected to come from China, India, South Korea, Russia and Saudi, as all have recently reconfirmed their commitment to nuclear.”

Canaccord Genuity in a note today echoed that sentiment: “We advise caution as a similar rally off the index lows occurred in October 2011 only for November to see the majority of those gains given back. However, we remain confident of the sector’s future given the existing build out plans in China, the lack of alternatives in many states and growing signs of tension in the Middle Eastern oil markets.”

Source: https://streaming.tdwaterhouse.ca/fctdwbclient8/w3frameset.htm

You are reminded that you are responsible for your own due diligence. We share in neither your profit nor your losses

Avion Gold Corp AVR.TO

Ticker AVR.TO (OTCQX - "AVGCF")
Current price is between $1.62 support ~$1.50
Market Cap 648.9M
Shares Out. 410.7M
Revenue (FYR) $108.3M
EPS $0.13

Shareholder Ownership

• 15% Sprott Asset Management
• 14% Sentry Investments
• 12% Fidelity Asset Management
• 8% Maple Leaf Partners
• 5% Van Eck Jr Gold ETF
• 3% Craton Capital
• 3% Carmignac Gestion
• 2% Management Directors
• 2% Natcan Investment Management
• 3% Regent Pacific
• 1% RBC Aseet Management
• 1% AGF Asset Management
• 1% BlackRock Asset Management
• 1% IA Clarington Investment
• 1% OppenheimerFunds Inc.
• 1% PI Financial Corp
• 1% US Global Asset Management

Why to buy?

Avion Gold Corp is gold producer in West Africa that holds 80% of the open pit mine and developing underground mine at both Tabakoto and Segala gold projects in Mali. 2010 Gold production was 87,631 ounces of gold. 2011 Gold production was 91,228 ounces of gold. Avion continues to progress towards its medium term goal of 200,000 ounces of gold per year and a longer term goal of organic growth through development of its exploration properties. Long term cost base of ~$560 per oz in 10 year plan. They are also cash flow positive and well financed.

Mineral Resources Estimate
                                                             Tonnes         Grade g/t         Ounces of Au
Proven & Probable (SP/OP)              2,611,000           2.90                  243,600
(1 to 2 g/t Au cut-off)

Proven & Probable (UG)                   4,630,000          4.50                   669,500
(2 g/t Au cut-off)

Measured & Indicated                       5,282,300          2.72                   486,800
(1 to 2 g/t Au cut-off)

Inferred                                            18,547,793          3.24                 1,932,633
(1 to 2 g/t Au cut-off)

Aggressive program to building shareholder value:

In early 2010 Avion acquired the adjacent Kenieba Property from Great Quest Metals Limited which added an inferred resource of 324,000 ounces of gold

In October of 2010 Avion acquired the 1,670km2 Hounde Property in Burkina Faso from Avocet. This property hosts at least eight gold zones and has added an indicated and inferred resource of 610,000 ounces of gold.

In December 2010 Avion acquired the Kofi Project by acquiring AXIM inc. African Goldfields Corp which added a total of 743,100 indicated and inferred ounces of gold.

Website: http://www.aviongoldcorp.com/

You are reminded that you are responsible for your own due diligence. We share in neither your profit nor your losses.

Uranium One quarterly production rose up 62%

Uranium One UUU.TO is up +10% on news with the TSX market only a few dollars above yesterday's close. Investers are realizing how undervalued the uranium companies are now. Start browsing around for other potential uranium companies.

Link to news: http://finance.yahoo.com/news/Uranium-One-Announces-Record-cnw-2213990563.html?x=0

You are reminded that you are responsible for your own due diligence. We share in neither your profit nor your losses.

Uranium

Uranium spot price seems to be stabilizing off with volume climbing to record level in 2011. The spot price at year end was $52 per pound U3O8 after the crisis at the Japanese nuclear power facility in March.

Despite the uranium spot price volatility, the uranium market set a new spot volume record of 45.8 million pounds U3O8 which surpassed spot volume of 42.8 million punds U3O8 in 2010. This was the high level recorded in two decades.

"Fourth quarter sales of more than 9 million pounds brought 2011 spot market volume to a new record level, as traders, uranium producers, and financial entities attempted to place material before year end," TradeTech President Treva E. Klingbiel said.

"Presently, spot uranium supply remains extremely thin as most sellers hold firm to offer prices and wait for increased demand during the first quarter of 2012. Demand is expected to gain momentum in January, with price volatility returning to the market as activity increases," Klingbiel added.

You are reminded that you are responsible for your own due diligence. We share in neither your profit nor your losses.

Windstar 120 MW project completed!

The final turbines were erected on Jan.4th,2012, bring the total installed capacity to the 120 MW design capacity.

News link: http://finance.yahoo.com/news/Western-Wind-Completes-60th-cnw-1529446476.html?x=0

Top 6-20 Mining Venture Stock Report

This report is by Ceasars Independent Equity & Market Research. It listed the top 6-20 mining companies that are undervalued and that they believe will perform better than their peers for 2012.

Metanor Resources is listed at spot #6.

The report link is listed below:

http://www.caesarsreport.com/freereports/CaesarsReport_MiningTop25_2012-PART1.pdf

You are reminded that you are responsible for your own due diligence. We share in neither your profit nor your losses.

Article: why we remain bullish on small mining shares

"Everyone knows that there are fear and greed cycles, and these waves of human emotions have been always temperory. Everyone also knows that at some point buyers will be buying when prices for something become absurdly cheap and people hate them because they fear that prices will be higher the next day, instead of selling because they fear that prices will be lower tomorrow."

Read the article:

http://www.gotgoldreport.com/2011/12/why-we-remain-bullish-on-small-mining-shares.html


You are reminded that you are responsible for your own due diligence. We share in neither your profit nor your losses.

Patiently waiting... BCG.V

We are patiently waiting for 2 news release for this month.

The first news release that we are expecting is on Jan.17,2012. They should already have the capital of $200k to purchase 15% addition of the Engineer mine making it a total of 75% ownership.

The second news release that we are expecting is an update on the bulk samples and hopefully an increase in resource estimates. Recently, we have seen very good results according to the news releases.

Currrent resource estimates:

Table 1.1
ENGINEER MINE MINERAL RESOURCE ESTIMATE (1)
at a 5 g/t Cut-off (2)
Category	Vein	Tonnes	Au (g/t)	Au ozs
Inferred	Engineer	30,800	20.6	20,400
Inferred	Double Decker	10,100	13.1	4,400
Total		41,000	19.0	25,000

Table 1.2
ENGINEER MINE MINERAL RESOURCE ESTIMATE (1)
at a 25 g/t Cut-off (3)
Category	Vein	Tonnes	Au (g/t)	Au ozs
Inferred	Engineer	10,400	60	20,100
Inferred	Double Decker	3,600	30	3,500
Total		14,000	52.5	23,600

According to the underground map diagram below, we can see that the bulk samples were taken from only a small portion of the engineer mine. Therefore, there is potential to see an increase in resource estimates which can give a boost in the stock.

You are reminded that you are responsible for your own due diligence. We share in neither your profit nor your losses.