Denison Mines Corp (DML.TO)

Basically you have to watch the price of uranium, and it has to go through $40. The bellwether in the sector is Cameco (CCO-T), so you have to watch that. This stock is not going to do anything unless Cameco breaks out to new highs.

(Top Pick Mar 3/14, Down 38.67%) The bullish expectations for uranium have been postponed. Low Nat Gas prices relieved the pressure on Japan to restart reactors. He is still in other uranium stocks.

Uranium stocks do well from December to March. Around the end of October/November, there is usually a good run that will happen. The picture for uranium is still fairly positive. He would expect this to do well into March, and even in April.

He is sort of bullish that uranium prices go higher over the next couple of years, north of $50. If you want a little more leverage and take a little more risk, this is a kind that you can get a double or triple on, when uranium prices start to move.

In 1997 it was $600. At $1 now. U-T shows where uranium is going. $4.75 is the support level for U-T. It will be all based on Japan. They had issues, but are now thinking about firing up more nuclear reactors. Prefers CCO-T, however.

One of a half a dozen names below the level of Cameco (CCO-T) in the Athabascan Basin and does have assets elsewhere. Have some very interesting high grade discoveries. You need uranium to really start working. The Japanese are starting to turn on their plants again.

At this level it would sort of be a screaming Buy. It has a base that goes back 5 years. If it breaks down through that level, there is something else going on. You might have to be patient with this, and go through a little bit of fits and starts. Very volatile.

An okay space, but generally speaking, uranium lacks visibility. It will eventually go higher, but he just doesn't see a huge catalyst because there isn't strong global growth.

(Market Call Minute) Still thinks uranium will struggle for a while. Ultimately it is a good story, but it will trade in a range for a long time yet.

(Market Call Minute.) Uranium, but not a producer. An explorer and you have to have a long-term view, because it is probably another 2-3 years for uranium really get going. For certain type of investor, this would be a Hold.

It tested the low of 2012 at the end of 2013, but did not go lower and that is a significant point. Now it is meandering and you need to see what it is going to do. Wait for a break out.

It will have resistance around $1.50. If it gets above there we can get to $1.85. It is weakening a little so be patient on this one.

This is kind of scary. Share count is around 440 million. When you have such a high share count, there is a good chance of a stock consolidation. They have some great properties, but are losing a lot of money.

(A Top Pick June 6/13. Down 4.74%.) Has been a roller coaster. If you want exposure to uranium, you either go to Fission Uranium (FCU-X) or to this one.

The question of uranium has so much to do with the nuclear industry. Germany is getting rid of nuclear. Japan was getting rid of it, but is now moving in the other direction. There are a lot of plants that are going to come on stream in the next number of years. If uranium does well, companies that deal with that commodity should do better. At this point in time, he is not doing anything.