Natural Gas Rises First Time in Three Days

Oil and Gas Investing

Bloomberg reports natural gas futures surged the most in more than three weeks.

Bloomberg reports natural gas futures surged the most in more than three weeks.

The market news is quoted as saying:

Natural gas for May delivery gained 12.4 cents, or 3 percent, to settle at $4.262 per million British thermal units on the New York Mercantile Exchange, the biggest percentage gain since March 25. The 200-day moving average was $4.1298. The futures have risen 8.1 percent from a year ago.

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The Conversation (4)
Steve Attack
Steve Attack
16 Aug, 2013
I'm hoping for ~$15/share for AMW in time. The two catalysts for this would be the rise of the base price for U3O8 (2-3 yrs away?) and the migration to the TSX
Robert Nation
Robert Nation
28 Sep, 2013
The problem with Athabasca uranium, as DNN and CCJ can attest, it's all deep under groundwater. DNN's plan to mine its latest find is to freeze the entire deposit, then use high-pressure jets of hot water to "dig" through the frozen ore body. How much will it cost to set that up??
Robert Nation
Robert Nation
28 Sep, 2013
The problem with Athabasca uranium, as DNN and CCJ can attest, it's all deep under groundwater. DNN's plan to mine its latest find is to freeze the entire deposit, then use high-pressure jets of hot water to "dig" through the frozen ore body. How much will it cost to set that up??
Steve Attack
Steve Attack
16 Aug, 2013
I'm hoping for ~$15/share for AMW in time. The two catalysts for this would be the rise of the base price for U3O8 (2-3 yrs away?) and the migration to the TSX

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