Word: uranium
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...kind of wheeler-dealer who tends to prove that statement. Though he is now turning over many of his properties to his sons, that does not mean he is retiring from combat: "I guess you could say that I am starting all over again." Could it be uranium? Murchison's face lights up at the word; he has already equipped some of his oilfield crews with detecting devices, just in case. Murchison has no doubts about which of his many deals gives him the most pleasure. Says he: "The next...
Other countries are doing so well that they expect 1954 to be a record year. The Netherlands' industrial production, after hitting a new high in 1953, is expected to rise another 4% this year. Australia, helped by a new oil and uranium boom, believes that 1954 may be its best postwar year. Unemployment, under 1%, is still dropping, and the government itself expects a $52.6 million surplus for the current fiscal year, its second in two years...
With no more equipment than a telephone, sharp Canadian stock promoters have fleeced gullible Americans of millions by palming off worthless oil and uranium shares at inflated prices. Until two years ago, the U.S. could do nothing to stop the practice, since most of the operations were conducted by phone from Canada, and the U.S. had no power to extradite Canadian citizens for such an offense. But in 1952 the two countries signed an extradition treaty to cover stock frauds. In Detroit last week, marking the first use of the treaty, a U.S. federal grand jury indicted two Montreal brokerage...
...Canada's fly-by-night promoters (TIME, Oct. 15, 1951). The two Canadian firms dealt in such stocks as "Stampede Petroleums Ltd.," "Oakridge Mining Corp." and "Candoo Metals & Oils Ltd." Their persuasive salesmen, charged the grand jury, called likely prospects with phony reports of new oil and uranium strikes. A favorite trick was to quote a stock at one price, then lei a sucker buy it for less, pretending he was getting a tremendous bargain when actually the stock was worthless. One promoter made a sale by gasping over the phone that he had "just run in from...
ATLAS CORP. is adding uranium to its interests. President Floyd B. Odium has bought a large group of mining claims owned by Prospector Charles A. Steen (TIME, Aug. 3) on the rich Colorado Plateau near Moab, Utah. The claims will be worked by the Lisbon Uranium Mining Corp., 60% of which has just been bought by three Odium subsidiaries in a stock and cash deal...