Uranium Equities ( ASX:UEQ ) has received a number of high-grade uranium results from reverse circulation drilling at its Nabarlek Uranium Project in the Northern Territory, intersecting grades up to 6,000ppm or 0.6% uranium. Significant uranium results included 7 metres at 2,680ppm from 46 metres with 3 metres at 5,216ppm; and 6 metres at 1,336ppm from 19 metres with 1 metre at 6,073ppm. The Narbalek drilling is part of its West Arnhem Joint Venture with $8.5 billion Cameco Corporation (NYSE:CCJ) where UEQ has the right to earn 100%. Assays are hosted in a redox boundary between strongly bleached and pyritic rocks and hematite stained oxidized rocks within the Quarry Fault Zone, and are associated with a zone of cross-faulting along the structure. These results have provided geological insights into the potential of the broader region to host high-grade uranium deposits, paving the way for the next phase of exploration within UEQs recently expanded 5,000 square kilometre tenement holding in the Alligator Rivers Uranium Field. The West Arnhem Joint Venture with Cameco represent a near-mine uranium exploration opportunity surrounding the historic Nabarlek Uranium Deposit, which had previous production of 24 million pounds at 1.84% uranium. Drilling targeted areas of elevated radon anomalism, which is a pathfinder for uranium mineralisation, and focused on an area adjacent to the U40 Prospect, where earlier diamond drilling intersected 6.8 metres at 6.7% uranium from 75 metres. Interestingly, samples with high uranium also had elevated gold, with a peak result of 1.05g/t, and anomalous platinum and palladium, which is a characteristic of uranium deposits in the Alligator Rivers Uranium Field. In addition, UEQ has engaged Dr Jon Hronsky, principal of Western Mining Services, for a target generation study. http://www.proactiveinvestors.com.au/companies/news/57419/uranium-equities-hits-6000ppm-uranium-at-nabarlek--57419.html
Goldman Sachs gets bullish again on stocks - Yahoo Finance
It was the S&P's fifth straight week of gains that saw the index pushed up 0.5% on the day to a record closing high of 2,007.71. Read More: Ouch, the Bill for ObamaCare Coming Due The defensive staples and utilities sectors, each up 0.8%, led the index last week. Energy posted the largest decline, down 1.5%. The Russell 2000 fell 0.4% last week and remained 3.2% off its March high. "The lack of confirmation from small caps, high yield, momentum and breadth, as well as valuations that appear slightly stretched have us viewing the recent gains through a fairly cautious lens. As the certainty of the U.S. QE era ends and uncertainty over future policy change heats up, we continue to believe investors should be on guard for higher volatility," said Gina Martin Adams, international equity strategist at Wells Fargo Securities. European stocks slipped Monday, with the overall German economy still heavily weighed down by uncertainty over the situation in Ukraine and the poor performance of the eurozone and Scotland's independence referendum now just 10 days away. http://www.thestreet.com/story/12869966/1/stock-market-today-equities-slip-following-five-weeks-of-gains.html
Stock Market Today: Stocks Mixed as Oil Tumbles Below $100 - TheStreet
"Following the dovish ECB decisions (on Thursday), we now see the risk to equities from higher bond yields as less imminent," the bank said in the note. With Europe's central bank and President Mario Draghi delivering another rate cut and detailing a bond-buying program that some economists calculate will news add 1 trillion euros ($1.29 trillion) into the euro blog zone economy, Goldman predicts that bond yields will likely rise at a slower rate. It also ignores the drag on equities that weaker growth and inflation from the euro area could bring, and says the "net effect" of ECB policy action from here will be positive for equity markets. Read More Goldman Sachs: Get ready for only modest returns S&P 2,050 target Global equities - apart from those in http://brownfieldagnews.com/2014/09/04/isas-on-farm-network/ Japan - will return 3.3 percent in the next three months and 12 percent over the next twelve months, it said. In July, it predicted a 1.8 percent return for equities on a three-month basis and 10.5 percent over the 12 months. It has also lowered its forecast for German 10-year sovereign bond yields from 1.60 percent to 1.30 percent by year-end. David Kostin, the chief U.S. http://finance.yahoo.com/news/goldman-sachs-back-bullish-equities-102929738.html?soc_src=mediacontentstory