Love the interview, Justin this comment section is another sentiment gauge lol. Every day the uranium demand picture increases and supply gets tighter. Gotta love the coiled spring. Also, good luck to France, they need it lol.
He has been way wrong on timing for years. Didnt realize or factor in how much Utilities prepared for russian ban. Some stocked 5 yrs of enriched uranium
@@caedmonv55 He sometimes seems over-optimistic, but I think his optimism will turn out to be justified (I share it, obviously.) He doesn't "sell" me on anything. I find his info useful.
We know the uranium story. I've been long since 2018. I've been disgusted with the equities. Example today SRUUF is 4.8 billion market cap and the book value is $ 5.8 billion... the stock should be double where it is. There is limited liquidity in the market, limited institutional interest, WTF wall street?
@@wayneatwell7039 2018 when I started buying, and spent 10k a year until 2022. I am all green (example UEC at $ 1.70 and DNN at $ 1.30 average costs). I bought SRUUF when it was known as URPTF. I been around, this aint greed, my PALAF has been sucking and SRUUF flat. My CCJ price average is $ 28
Maybe the utilities are waiting for the supply chain to get really really ugly ! Cry out for help from the government and pressure the apprx 66 million pounds to be released for consumption. Fixed price to be established as well. ( Don't know if this could happen )
I can easily tell you where "you are getting the thesis wrong?" Everyone is signing term contracts with ceilings. I can tell you most miners profitability for the next 10-20 years, discount it back with near certainty. The miners 100% cut off their upside. I don't care if spot goes to $3,000/lb, nobody can cash in on that. In fact, 90% of miners would then lose $2,880 per pound dug out of the ground because they have a 20 year contract to sell it for $120 MAX.
always appreciate opportunities to listen to Justin!
Well, you're in luck : he's all over the place in spite of his terrible track record.
Thank you for the important conversation
Thank you Justin for your cool calm calculated approach to the uranium thesis that helps us hold fast with our junior mining investments.
He has to put on straight face to attract new subs.
This is a great 5 year trade from here - very crowded (I heard about it from family members over thanksgiving) needs patience
That's what Justin said back in 2018
Love the interview, Justin this comment section is another sentiment gauge lol.
Every day the uranium demand picture increases and supply gets tighter.
Gotta love the coiled spring.
Also, good luck to France, they need it lol.
The spring is rotten.
Excellent work gentlemen!
go take a hike
So is yours Tom.
He has been way wrong on timing for years. Didnt realize or factor in how much Utilities prepared for russian ban. Some stocked 5 yrs of enriched uranium
Shhhhh! Don't tell new subscribers!
Why is he bad mouthing Grandholm ....she has done a great job advocating for nuclear. That was a completely false comment about her
as long as Justin can keep selling subscriptions, he'll keep selling you the bull case 😂😂
Sell, sell, sell!
The bull case is always there and is always true, but he always sells us on it being faster and bigger than it is.
@@rickfool1452 are you ungrateful for the free analysis?
@@caedmonv55 He sometimes seems over-optimistic, but I think his optimism will turn out to be justified (I share it, obviously.)
He doesn't "sell" me on anything. I find his info useful.
We know the uranium story. I've been long since 2018. I've been disgusted with the equities. Example today SRUUF is 4.8 billion market cap and the book value is $ 5.8 billion... the stock should be double where it is. There is limited liquidity in the market, limited institutional interest, WTF wall street?
If you have been in it since 2018 then you rode CCJ up from $10 to $60. I would be pretty happy with a 6X. Oh wait, I am because I did buy CCJ in 2018
@@wayneatwell7039 2018 when I started buying, and spent 10k a year until 2022. I am all green (example UEC at $ 1.70 and DNN at $ 1.30 average costs). I bought SRUUF when it was known as URPTF. I been around, this aint greed, my PALAF has been sucking and SRUUF flat. My CCJ price average is $ 28
maybe he didn't buy cameco deepshyte. maybe he bought some other stock @@wayneatwell7039
@@wayneatwell7039same here w DNN and UEC bahahaha
Maybe the utilities are waiting for the supply chain to get really really ugly !
Cry out for help from the government and pressure the apprx
66 million pounds to be released for consumption.
Fixed price to be established as well.
( Don't know if this could happen )
I can easily tell you where "you are getting the thesis wrong?" Everyone is signing term contracts with ceilings. I can tell you most miners profitability for the next 10-20 years, discount it back with near certainty. The miners 100% cut off their upside. I don't care if spot goes to $3,000/lb, nobody can cash in on that. In fact, 90% of miners would then lose $2,880 per pound dug out of the ground because they have a 20 year contract to sell it for $120 MAX.
Everyone you mean eg. Peninsula right?
6 years of mine on fixed contract and rest due to contracting
Peninsula only have contracts on 40% of their production next year. Other 60% can be sold at the spot price or new contracts.
Uranium contracts have always had ceilings. The ceilings are getting higher and higher. This is a good thing. Just breathe.
I'm just sick and tired of hearing this guy again. What kind of collusion do you have with him ?
Justin has not delivered or provided a rationale why he’s wrong on timeline, it is always imminent. Disappointing
he's a guy selling news / website subscriptions. he doesn't care.
Yep
BTW, I don't recommend his newsletter.