London, England / ACCESSWIRE / November 27, 2014 / Today, mining analyst Stephan Bogner (Dipl. Kfm., FH) published a 16 paged research update on Lakeland Resources Inc. and the recent events in the uranium market, including an exclusive interview with geologist Neil McCallum from Dahrouge Geological Consulting Ltd.

The full research report can be downloaded as a PDF using the following links:

English: http://www.rockstone-research.de/research/RockstoneUranium5english.pdf
German: http://www.rockstone-research.de/research/RockstoneUranium5deutsch.pdf

Excerpt:

While precious metal prices are under attack once again threatening to drop even further, uranium prices have been accelerating lately and an increasing number of investors are running into uranium equities as a historic turnaround is in the making, according to Dundee Capital, Raymond James, H.C. Wainwright and other investment banks worldwide. At $40/lb U3O8, the uranium price is up +43% since the lows of $28 this summer.

"Dundee has started to believe a meaningful turnaround is happening in the sector. Interestingly enough, the particular dynamics that led to the recent rally have more to do with an increase in buying activity as some unsatisfied buyers from last week came back into the market to fill orders at higher prices, and not actually today’s Japanese nuclear power plant restart approval from the Governor of Kagoshima Prefecture (as expected – see note). Most importantly, it is the utilities that are starting to enter the market, suggesting that this rally could have some sustainability. While equities did not partake on previous price increases, they did overnight in Australia and we expect today should be a good day in North America, and the potential catalyst for upward momentum in the stocks." (David Talbot & Aaron Salz from Dundee Capital on November 7, 2014)

Cameco is up +16% this month alone, while Denison is up +24%, Fission up +30% and Nexgen up +30% as well during same period. Our top-pick in the junior uranium exploration space (Lakeland Resources Inc.) has doubled its market cap this month and as we laid out in our last update (November 5), Lakeland is poised to continue its remarkable outperformance and no matter what the underlying uranium price may do, because a long-awaited drill program is about to start on its highly prospective Gibbons Creek Property on the northern rim of the Athabasca Basin. If uranium prices keep its upward momentum during the next weeks, we anticipate Lakeland trading at its 2014 highs of $0.28 rather quickly again and without material newsflow as $0.28 represented the level when drilling Gibbons was expected to start in early 2014 (but had been delayed unexpectedly by its former joint venture partner, which was the driving force behind its weakening share price). Recently, the joint venture was terminated and Gibbons returned 100% to Lakeland in order to drill it on its own now.

Link to chart analysis (15 min. delayed): http://scharts.co/1Hq35zc

Newsletter author Rick Mills recently published a readworthy article on the geological features of the Athabasca Basin and why Lakeland represents probably the best drill speculation in the entire basin at the very moment (the article entitled “The Makings of a Discovery” has been added at the end of this report). We have conducted a short interview with geologist Neil McCallum about the upcoming drill programs and recent news from Lakeland.

The full research report can be downloaded as a PDF using the following links:

English: http://www.rockstone-research.de/research/RockstoneUranium5english.pdf
German: http://www.rockstone-research.de/research/RockstoneUranium5deutsch.pdf

Disclaimer: The author holds shares Lakeland Resources Inc. and thus would profit from a share price appreciation, whereas the author may sell those any time without notice. Neither Rockstone Research Ltd. nor the author was remunerated by any of the companies mentioned herein to produce or publish this content. Please read the full disclaimer within the full research report and on www.rockstone-research.com as a conflict of interest exists with Zimtu Capital Corp. and none of this content is to be construed as an "investment advice."

SOURCE: Rockstone Research Ltd.