"Happy New Year! It was interesting to read Email of the day (and your response to it) on UK listed uranium miners because I have been nibbling in this area recently. There are a few more which have some kind of interest in uranium, but most, if not all, are highly speculative:

"1) Berkeley Resources (a holding in the Global X Uranium ETF with assets in Spain)
2) Forte Energy (an Australian based company operating in Mauritania and Guinea, recently found Rare Earths)
3) Vane Minerals (operates in the USA where it has a joint venture with Uranium One, also produces gold and silver)
4) Thor Mining (an Australian exploration and development company which explores for uranium among other things)
5) Niger Uranium (interests in Niger and South America)
6) Red Rock Resources (probably more of a gold play)

"All the best and keep up the good work,"

Eoin Treacy's view Thank you for these additional insights. The proviso that these shares are highly speculative also applies to some of those mentioned on December 31st. Kalahari Minerals, with a market cap of $953 million, is the largest of the UK listed companies offering a reasonably pure play on uranium. Red Rock Resources' market cap is $159 million and Edenville is $111 million.

Geiger Counter is a UK listed closed end fund investing in uranium shares globally and is currently trading at a discount to NAV of 15.2%. The fund has rallied impressively since July but is now quite overextended relative to the 200-day MA as it approaches the 2007 peak. Some consolidation of this powerful gain is possible in the region of the peak but a clear downward dynamic would be required to suggest such a pullback is unfolding.