Uranium Report -Thursday May 11, 2023
Greetings my friends,
today we have seen declines in DJIA index and S&P 500 as well as banking and energy stocks.Uranium stocks blended into the gray as well with small cap stocks leading the way.
I had 2 very interesting talks today with CEOs of Pegaus Resources and Cosa Resources CEO. Both great and very knowledgeable guys. I will announce my first interview tommorow or the day after tommorow with Pegasus CEO Christian Timmins. A very interesting company with an even more interesting current valuation bellow 1M Market Cap.
If you haven't subscribe yet to my YueTube chanel please do so. I have arranged 5 more interviews for the next period of 30-40 days, some of which, I believe, you will really like.
Subscribe here: https://www.youtube.com/@triANGLEINVESTOR
📝 Uranium spot price by Numerco:
📝 US/CANADA URANIUM STOCKS PERFORMANCE
10 finished in green territory,
31 stocks flat
35 stocks finished in red territory.
The winner of the day is Red Lake with 13.33% gain and looser of the day is ALX Resources with 16.67% loss.
📝 AUSTRALIA URANIUM STOCKS PERFORMANCE
8 finished in green territory,
23 stocks flat ,
10 stocks finished in red territory.
The winner of the day is Calduron energy with 16.67% gain and looser of the day Valor Resources with 20.00% loss.
📝 Microsoft to buy power from Helion fusion plant
Global technology company Microsoft has signed an agreement with fusion energy developer Helion Energy for the provision of electricity from its first fusion power plant. Constellation Energy will serve as the power marketer and will manage transmission for the project.
📝 Berkeley decommissioning work brought forward 50 years
Five decades earlier than planned, Magnox is embarking on the decommissioning project to clean-up and demolish the four 'blower house' structures which surround the two reactor buildings at the Berkeley nuclear power plant in the UK.
📝 Framatome awarded Ringhals modernisation contracts
Framatome has been awarded contracts by Sweden's Vattenfall to update reactor control systems using its digital instrumentation and control (I&C) TELEPERM XS platform and refurbish the reactor coolant pumps for units 3 and 4 of the Ringhals nuclear power plant. The value of the contracts was not disclosed.
📝 Cosa Resources Announces Airborne Geophysical Surveys at Ursa, Orion Uranium Projects in Athabasca Basin, Saskatchewan
Cosa Resources Corp. (CSE: COSA) (“Cosa Resources” or the “Company”) is pleased to announce it has engaged Expert Geophysics Limited (“Expert”) to conduct airborne MobileMT™ surveys at its 100% owned Ursa and Orion uranium projects in the Athabasca Basin.
Magnetotelluric (MT) survey method capable of detecting basement electromagnetic (EM) conductors and anomalous resistivity zones in the sandstone
Planned surveying totals 2,900 line-kilometres to provide property-wide coverage at Ursa and Orion
Modern geophysical dataset will facilitate identification and prioritization of target areas for follow-up
📝 Uranium Energy Corp to Present at the IAEA's 2023 International Symposium on Uranium Raw Material for the Nuclear Fuel Cycle
UEC announced that their President & CEO, Amir Adnani will be delivering a virtual presentation: " Uranium Energy Corp is Enabling the Green Energy Transition " in the closing session of the International Atomic Energy Agency ("IAEA") International Symposium on Uranium Raw Material for the Nuclear Fuel Cycle ( URAM-2023 ), being held May 8-12 th in Vienna, Austria
📝 Traction Uranium Corp. Closes Second and Final Tranche of Private Placement
Traction Uranium Corp. (the “Company” or “Traction”) (CSE: TRAC; OTCQB: TRCTF; FRA: Z1K) is pleased to announce that it has closed the second and final tranche of a non-brokered private placement offering of units and flow-through units of the Company (the “Offering”). The Offering, initially announced on April 12, 2023, comprised both units of the Company (the “Units”) and flow-through units of the Company (the “FT Units”).
Thank you for your attention.
IMPORTANT DISCLAIMER: None of this content is a financial advice of any kind or solicitation to buy or sell any equities or other financial products. This blog/newsletter is only for educational and/or entertainment purposes. Do your own deep research before making any financial decisions.I may own stocks mentioned in this content.