forsys neue Kursrakete ?

FIU   12.880   +0.020   +0.16   315,565   T

Uranium future Info....

Prices could hit $500 a pound in the blink of an eye

Uranium company stocks rallied this week in advance of the off exchange uranium futures trading on the New York Mercantile Exchange (NYMEX) slated to begin next week.

The NYMEX will list a uranium futures contract on Monday, May 7, as the energy and metals exchange looks to capitalize on surging interest in the nuclear fuel.

Whether the launch of futures contracts will be an advantage or disadvantage to the uranium market depend on who you ask.

The futures contract provides nuclear power plants with a vehicle to hedge against rising prices, which have surged more than tenfold in the past four years as commercial stockpiles dwindle and more plants are built. It would also provide a forum to bet directly on gains and falls in the price of uranium, rather than speculating on the fortunes of miners

The new NYMEX futures market will involve financially settled contracts that are separate from the physical uranium market. This separation between the financial and physical markets has led to skepticism among those with experience in the uranium market.

"They don't see how such a market could take hold, given the lack of the basic elements for such a market to evolve -- a liquid spot market and the absence of a linkage to the physical market for the commodity," TradeTech CEO Gene Clark explained in an interview with Dow Jones MarketWatch.

Linkage to the physical market is "nearly universally the case in other futures markets," he added. And, "with the NYMEX futures market being purely a financial instrument, it runs the danger of diverging significantly from the physical market."

"Futures trading is where speculators are going to get involved in uranium with both hands. Uranium futures could put us at $500 per pound in the blink of an eye, because they'll give hedge funds a way to trade in and out of uranium easily," says Sean Brodrick, editor of Red Hot Resources.

He cautions spot prices are unlikely to increase overnight.

"Traders and speculators won't trust uranium futures at first. They'll be as illiquid as granite. But after six months ... a year ... however long it takes ... once they get going, we could see some altitude very quickly. Because once you give hedge funds a way to trade in and out of uranium easily, then it's time to strap on your safety belts, because we could see the wildest ride of our lifetimes."

For those investing in uranium producers, there is nothing more we'd like to see than the prices to continue to trend higher or 'spike' higher," says Kevin Bambrough, a market strategist at Sprott Asset Management.

Brambrough predicts the futures contracts will be a good thing overall and will allow for a more stable and liquid market for producers and consumers to better manage their businesses and hedge risks, as well as allow the participation of a wider spectrum of investors"

According to Investor Daily, "These futures will change the whole game by providing a way for miners, enrichers, and users to hedge their bets."

"At first, the futures could cause some "uranium pure-play stocks" to dip slightly as Wall Street realizes there's a new kid on the block. One such 'pure play' is the Uranium Participation Corporation (TSX: T.U, BullBoards), a holding company for actual uranium managed by Denison Mines (TSX: T.DML, BullBoards).

Shares of the Uranium Participation Corporation dropped from more than $18 to the current $16 on the news of the upcoming NYMEX futures. And, when the futures start trading next week, there could still be a little more downside left."

Historically, the introduction of a new contract has usually meant an intermediate high in prices. But since this is non-directional, it won't affect me. If you're long uranium or uranium stocks, though, we could be in for a rough patch as this is a reliable contrarian indicator," says the Trader.

"The other dark cloud on the horizon is that according to inflation-adjusted prices, we are almost at the previous high (~$115/lb) last seen in the late 1970's. After a parabolic move up within a few short years, I won't blame anyone for being nervous to see prices at previous resistance levels."

What almost everyone agrees on is pricing transparency is long overdue.

"It's about giving transparency to a very illiquid market," said Kevin Bambrough, a market strategist at Sprott Asset Management.

Until now, determining the spot price was shrouded in secrecy. It is evaluated independently by two companies, TradeTech and UxC, reputedly on the basis of their insider knowledge of pending deals and existing bids and offers that are being considered (a process, apparently, taking at least a week). Both companies evaluate the price weekly, but then send it only to their subscribers, publishing only the new values on their Web sites three days later.

Recently, the spot price has been determined largely by the results of the regular sealed-bid auctions for the small amount of 100,000 lbs by a tiny Texas producer, Mestena Corp. However, most actual sales agreements are for very long-term delivery (up to 10 years) and do not use this price.

"The experience this decade has clearly indicated that the uranium market would benefit from additional price transparency," says Jeff Combs, president of UxC Consulting.

"NYMEX uranium futures will now make speculating in uranium fast and efficient," says Brodrick and the price of uranium could benefit substantially from today's levels with this new flow of capital."

The NYMEX futures market potentially sets the stage for an interesting battle between traditional uranium market participants and a new set of players. The traditional players have no interest in market transparency and liquidity. In fact, transparency is generally limited within the uranium market since it has traditionally been traded only between end users, such as electric utility fuel managers and uranium producers, according to Clark.

It will be financially-settled contracts and there are no restrictions.

Traders won't take possession of the commodity, but they can take title of it and get some exposure to its price.

Private ownership of uranium has been legal in the USA only for the past 40 years, and physically possessing it requires a license from the various regulatory bodies.

Facts on NYMEX futures trading:

o U3O8 (yellowcake) is concentrated uranium oxide produced from uranium ore and is the most actively traded uranium-related commodity. Its primary use is as fuel for nuclear reactors.

o NYMEX UxC Uranium U3O8 futures will be launched at 6:00 pm May 6, 2007 (Sunday) for the trade date of May 7, 2007 (Monday).

o Contract symbol will be UX

o Contract size is 250 pounds of uranium U3O8 (currently spot price: $113/lb.)

o Minimum tick size is five cents

o It will be a financially settled contract with each month settling on the corresponding spot month-end U3O8 price published by The Ux Consulting Company.

o Trading hours are 6:00 PM through 5:15 PM, New York time, Sunday thru Friday, with a 45-minute break each day between 5:15 PM and 6:00 PM.

o Initially, 36 consecutive months will be listed. The first listed month will be June 2007.

U3O8.biz is a leading provider of business news, financial information and analytical tools on the uranium market.

For insights and info on uranium investing, click here for our special supplement  

Wieso geht der Kurs jetzt immer weiter runter und das ganze ohne Meldungen? Wann kommt die Studie entlich, will, dass es mal wieder aufwörts geht!  

wer will das nicht.

wo ist eigentlich oli die ganze zeit ?  

den future zu kaufen wird abgeraten,daer wahrscheinlich in
contango notiert,man sollte auf zertifikate warten die ja in
vorbereitung sind.Noch zu den ungeduldigen von forsys,wer in
disen wert infestiert muss auch einen rueckschlag von30% mal
verdauen koennen sonst ist er wirklich im falschen wert Wandler  

...das nenn' ich mal ne "Empfehlung" *g* ...also ich bin hier um GELD zu verdienen und nicht um es zu VERSCHENKEN!!! ...lieber nehme ich Gewinne mit und steige dann bei "-30%" wieder ein... nichts für ungut...  

Müsste es eine technische gegenreaktion geben. (RSI zeigts an und bei MACD ist auch nicht mehr viel Spielraum) -> eigentlich klare Kaufkurse

greetz
Werder1  

war ein zahlendreher meinte ,wie zur zeit,13% natuerlich
wartet niemand bis der kurs soweit runtergeht ,auch
bei volatilen werten sollte bei 15%-20% die reissleine
gezogen werden Wandler
 

...jetzt sind wir wieder auf der gleichen Linie  ;-)  

Hat irgendjemand vorbörsliche Kurse aus Kanada?

Hoffentlich kommen die Zahlen bald.

Gruß an alle

 

9,07
9,10
8,35
8,53
8,60
8,70
8,75 viel Spaß, vom Erfolg träume ich die letzten Wochen  

 

nun lasst sie doch mal endlich runter auf 5.85 ! Warte nun seit Mitte März darauf wieder einsteigen zu können. Nach zwei Fehlausbrüchen über die 6.- muss sie jetzt die 38-Tage Linie und das untere Bollingerband nach UNTEN durchkreuzen, sonst ist sie nicht interessant! Erst dann gehts aufwärts! Einstieg ist, wenn sie zwei - drei lange weisse Kerzen  deutlich über 6.- hat, die auch am dritten Tag halten. Erst dann hat sie Luft bis 8.0 oder 9.0. Alle Big Spender warten darauf und werden vorher nicht einsteigen...:-)  

http://www.nymex.com/...duct=UX&month=June&cmonth=M&year=7&currPrev=C

jetzt noch die Machbarkeitsstudie und ab gehts durch die Decke...

aber bis dahin müssen wir noch geduldig bleiben.  

...die sollte ja schon seit einigen Wochen auf dem Tisch liegen... bis zum "Sankt-Nimmerleins-Tag" warte ich nicht... weiß jemand WARUM sich das so verzögert?  

habe gehört das es probleme mit der firma gab die diese Machbarkeitsstudie erstellen sollte.


greetz
Werder1  

....Danke! ...hilft aber auch nicht wirklich weiter      ;-)  

hab ich auch gehört. Forsys ist mit der Firma sehr unzufrieden weil die die Fertigstellung der Studie immer weiter hinausgezögert haben. Im gleichen Statement von Forsys stand auch noch, dass es in der Studie keine bösen Überraschungen geben wird . . . das hoffen wir natürlich alle.  

"Lese hier schon eine Weile mit und habe letzte Woche mal selber mit Parnham telefoniert....
Ich denke diese Woche ist es soweit….er sagte mir, daß am Wochenende (gestern und vorgestern) directors board meeting ist und sie hoffen den Bericht zu dem Meeting vorliegen zu haben, um ihn abzusegnen. Sie sind sehr verärgert über die Firma, die die PFS erstellt, da sie immer wieder verspätet ist…. zum Schluss sagte er noch, dass es keine böse Überraschungen geben wird"
 

Das die machbarkeitsstudie sehr gut ausfällt damit alle treuen anleger belohnt werden.(Die letzten Wochen waren zum ....)
Aber immer das selbe 1 Woche noch haben die schon seit Ostern gesagt diese Woche jene Woche :(


greetz
Werder1  

ja, schön langsam wirds zeit
irgendwer muss ja meine verluste bei new cantech ausgleichen *haha*

 

im moment 12% unter ath. her mit den verdammten news und hoch mit dem dreck.  

Wurde aus dem WO-Board übernommen:

"Hi Leute ,
die mail hab ich heut früh an parnham geschrieben und grade kam die antwort...

Good Morning Mister Parnham,
My name is [...],and I'm one of your shareholders coming from Germany.
I feel very pleased to participate on this great enterprise,but as you might already have
noticed,more an more people get impatient concerning the study,which was actually
supposed to be published about two weeks ago.
I'll definitley hold my shares,because I remain convinced concerning the quality of
forsys,but i'm not happy at all with your policy of information.
That's why I'd appreciate at least some helpful peace of information,no matter if we talk
about the study,the spin-off or possible results of the joly zone.

Thank you in advance
[...]

nun die antwort von forsys...

With regards to your recent inquiry about the status of the Pre-Feasibility Study, we acknowledge that we have not yet received the final report from Snowden Mining Industry Consultants and it is taking somewhat more time than we expected. We’ve had several reviews and revisions of the information comprising the study and we believe that Snowden is in possession of the required information to complete their report. However please understand that the report is being prepared by a third party and as such, we are not in control of their schedule.



Be assured that we will report any material developments on this matter as soon as we possibly can.


Thank you for your interest and your support in Forsys.

With kind regards,

Desiree Brown"



Das klingt so, als ob es diese Woche nichts mehr wird mit der Studie.
 

@ilke:

das klingt definitiv so!

selber schuld kann ich da nur sagen, so wird der kurs halt die nächsten tage weiter geprügelt! Leider geprügelt, denn ich bin auch investiert! traurig...traurig!

 

sogar so, als würde es auch nächste woche nichts.
scheint wohl doch noch ein bisschen zu dauern...  

der Kurs noch weiter nach gibt, dann werde ich noch mal nachlegen. Ich freue mich schon auf die Aktien der ungeduldigen :-)  

Ich bin long und da stört mich 1 2 oder 3 wochen verzug nicht.