Thank you, Matt. I'm glad I invested in several Uranium majors a few years ago. The outlook for Uranium is rosy for decades to come. Interesting to hear from these smaller players.
Labrador and consolidated are the new kids in the block who think they can make money just as long as the tide is rising. I pass, I stick with the survivors of the bear market
WILL there be winners might be a more suitable question? If the Uranium miners will follow the same path as your beloved silver and gold miners it's probably a good idea to get out NOW. Everybody was a 100% convinced those would go to the moon when the current conditions would arrive, we all know how that ended. Why wouldn't the same thing happen to the Uranium miners? So far the action has been disappointing so maybe it's better to temper the enthusiasm a little before you lead another group of people into financial ruins just like you did with the silver and gold miners.
Interesting comment. I regard Gold and Silver as stores of value rather than investment. Energy companies actually produce earnings through increased usage and demand of energy. Whilst gold and silver are not used sufficiently for industrial purposes, hence I do not regard either as investments. Mark Moss is the person that first got me started on Uranium investing but his main investments are also gold and silver miners as well as Bitcoin. That’s why we should not trust any UA-cam channel and rather do our own critical analysis on whether they are right or wrong.
The general market timing is unfortunate, but I wonder if you know the real reason this uranium trade plays out slowly and slowly and then all of a sudden? It plays out slowly because all of the buyers are government regulated; utilities have to answer to municipal, county, state and federal governments. These regulations tie their hands. The utilities also have to answer to shareholders. If execs go out and bid the price of uranium up, they'll be sued by their own shareholders. Finally, there's habit... if something you've been buying for decades has always been there when you wanted it, you wait until you need it to buy. All of these are reasons why it's playing out slowly. But there comes a day when all of these flip to become all of a sudden. The same governments and shareholders who will penalize utilities for overpaying today will turn around and penalize the same utilities if they fail to provide power tomorrow. It's stupid, but it also the situation. And the longer it takes the higher the likelihood of a serious supply crisis and a government mandated price squeeze.
1. Uranium equities are down a fraction of what the spx or Nasdaq are down on the year. 2. We are in an energy crisis and bifurcating world. The lights will go out if we don't mine uranium. I'm fully loaded, sit out if you wish but the downside risk from here is minuscule relative to the reward potential. Where would you put your money instead?
For those of us who've played gold, silver, & uranium companies well since early 2020, it's been anything but disappointing. Getting out now would be poor strategy IMO.
I could listen to Dan's "Michael Caine's" accent forever.
I pick GoviEx
Happy Goviex owner.
Thank you, Matt. I'm glad I invested in several Uranium majors a few years ago. The outlook for Uranium is rosy for decades to come. Interesting to hear from these smaller players.
Thanks Matt. This mob not for me ATM. Your interviews are invaluable.
Interesting talk. Thx for putting this together Matt 👍🏼
Glad you enjoyed it!
Labrador and consolidated are the new kids in the block who think they can make money just as long as the tide is rising. I pass, I stick with the survivors of the bear market
The execs comps seem excessive too.
WILL there be winners might be a more suitable question? If the Uranium miners will follow the same path as your beloved silver and gold miners it's probably a good idea to get out NOW. Everybody was a 100% convinced those would go to the moon when the current conditions would arrive, we all know how that ended. Why wouldn't the same thing happen to the Uranium miners? So far the action has been disappointing so maybe it's better to temper the enthusiasm a little before you lead another group of people into financial ruins just like you did with the silver and gold miners.
Interesting comment. I regard Gold and Silver as stores of value rather than investment. Energy companies actually produce earnings through increased usage and demand of energy. Whilst gold and silver are not used sufficiently for industrial purposes, hence I do not regard either as investments. Mark Moss is the person that first got me started on Uranium investing but his main investments are also gold and silver miners as well as Bitcoin. That’s why we should not trust any UA-cam channel and rather do our own critical analysis on whether they are right or wrong.
The general market timing is unfortunate, but I wonder if you know the real reason this uranium trade plays out slowly and slowly and then all of a sudden?
It plays out slowly because all of the buyers are government regulated; utilities have to answer to municipal, county, state and federal governments. These regulations tie their hands. The utilities also have to answer to shareholders. If execs go out and bid the price of uranium up, they'll be sued by their own shareholders. Finally, there's habit... if something you've been buying for decades has always been there when you wanted it, you wait until you need it to buy.
All of these are reasons why it's playing out slowly. But there comes a day when all of these flip to become all of a sudden. The same governments and shareholders who will penalize utilities for overpaying today will turn around and penalize the same utilities if they fail to provide power tomorrow.
It's stupid, but it also the situation. And the longer it takes the higher the likelihood of a serious supply crisis and a government mandated price squeeze.
1. Uranium equities are down a fraction of what the spx or Nasdaq are down on the year. 2. We are in an energy crisis and bifurcating world. The lights will go out if we don't mine uranium.
I'm fully loaded, sit out if you wish but the downside risk from here is minuscule relative to the reward potential. Where would you put your money instead?
For those of us who've played gold, silver, & uranium companies well since early 2020, it's been anything but disappointing. Getting out now would be poor strategy IMO.
Always delusion for us regular sap stock buyers. The private placement with warrants. Seem to be the winners. I'm so worried about major delusion
Dilution?? But in many ways delusion works too...
The Nuke Industry seems to enjoy some hope that the Citizens will enjoy paying their immense garbage Bill?