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AGORACOM News Flash

AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More 

  • The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
  • Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

Sonomax® eers™ Custom Earbuds Announces Sponsorship of MUTEK 2012

CONTINENTAL ENERGY  Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Top Stories

  • FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc. Read More   |   *SPONSOR

  • LOMIKO METALS (TSXV:LMK) Paul Gill Discusses Exploration Initiative with James West of Midas Letter Read More   |   *SPONSOR
  • GRAPHITE DEMAND Seen Surging from Fuel Cells, Nuclear Reactors, Graphene Read More

 

 

Message: Cameco mentioned in Energy article

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Cameco mentioned in Energy article

posted on Apr 15, 09 06:06AM

All in all a very good synopsis of the energy sector and its resistance points, could be poised to test further.



U.S. oil service stocks continue to outperform the S&P 500 Index despite a recent stall in the uptrend in crude oil prices. Oil Service HOLDRs are testing resistance at 87.71. ‘Tis the season for oil service stocks to move higher from the end of November to the end of May! Selected stocks in the sector are breaking above their recent trading range and completing bullish reversal patterns (e.g. Diamond International)

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Strongest sector on the TMX yesterday was the uranium sector (with the exception of Cameco). Several TSX Composite stocks in the sector rose 8% or more (Denison, Mega Uranium, Pinetree Capital). Uranium Participation Units gained 2.7%. Units have formed a potential bullish triangle pattern that turns positive on a move above $7.00.

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Strength was triggered by a small, but potentially significant reversal in the spot price of uranium oxide. Although the $0.50 U.S. per lb. increase was small, it represented the first uptick in the spot price in five months.

chart4

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