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Mickey Fulp: A Hopeful Optimist in Today’s Markets

At this year’s Prospectors and Developers Association of Canada conference, Investing News Network spoke with Mercenary Geologist Mickey Fulp, who is hopefully optimistic in today’s resource market.

Mickey Fulp Likes US Uranium Producers

At the Vancouver Resource Investment Conference, Mickey Fulp identified Energy Fuels as a company that will prosper as the uranium price rises.

Company News

NexGen Energy Stock Jumps on Discovery News, Dundee Securities Reiterates “Buy” Rating

NexGen Energy Stock Jumps on Discovery News, Dundee Securities Reiterates “Buy” Rating

NexGen Energy Ltd. (TSXV:NXE) received a reiterated "buy" rating from Dundee Capital Markets, who suggested that drill hole AR-14-30 at the company's Rook 1 property was a "Barburner." The analysts noted that NexGen's stock jumped 35% on drill results indicating "exceptionally strong mineralization over significant intervals."

Forum Uranium Signs Definitive Option Agreement with Uracan for Clearwater Property

Forum Uranium Signs Definitive Option Agreement with Uracan for Clearwater Property

Forum Uranium Corp. (TSXV:FDC) has signed a definitive option agreement with Uracan Resources (TSXV:URC) further to its press release from July 8. Under the terms of the agreement, Uracan can earn up to a 70 percent interest in the Clearwater project, located in the Patterson Lake South Area of northern Saskatchewan.

Makena Resources Closes $395,000 Private Placement

Makena Resources Closes $395,000 Private Placement

Makena Resources Inc. (TSXV:MKN) has closed a non-brokered private placement of 7.9 million units at 5 cents per share to raise $395,000. Makena intends to use proceeds from the placement for general working capital.

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Company Videos

Dr. Keith Barron Interviewed on Palisade Radio: The Uranium Bottom is In Right Now

Last week, experienced exploration geologist Dr. Keith Barron was interviewed on Palisade Radio regarding his perspective on the uranium sector. Barron believes “the bottom is in right now” for the metal, and that “we will see a very quick double in the spot price for uranium” once Japan’s reactors are turned back on.

Northern Uranium Corp. CEO Chad Ulansky (TSX-V:UNO)

Northern Uranium Corp. (TSXV:UNO) CEO Chad Ulansky spoke to Resource Investing News about the company’s Northwest Manitoba project which was recently optioned from CanAlaska Uranium Limited.

Market News

CNSC Requests Safety Checks in Aftermath off Tailings Breach

CTV reported that Canada's nuclear watchdog, Canadian Nuclear Safety Commission, has asked the uranium mining and milling operations that it oversees to ensure that all necessary inspections and monitoring are in compliance with license conditions.

Japan Grants Preliminary Approval for Two Reactor Restarts

RT News reported this morning that Japan's Nuclear Regulation Authority has given its preliminary approval regarding the restart of two reactors at the Sendai power plant. Prior to the Fukushima plant disaster, the country generated a third of its electricity from nuclear plants, according to RT News.

Large Uranium Deposit Discovered in Nepal

Hindustan Times reported that a potentially large uranium deposit, in the Upper Mustang region of Nepal near the border of China was discovered by ground radiometric survey.

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