@socalsilver6397 I'm new to financial investing. I noticed on their balance sheet they have almost no debt, I thought that was unexpected for an exploration company. They also have increasing revenue year to year. Uranium prices are going up, because of increased demand? I heard uranium is also an energy source that will continue to be in demand. I bought shares.
@@CB-ob5vh Yes, growing demand (worldwide) but not nearly enough supply. Even with UEC and the others (UUUU, NXE, URG, GLATF, DNN etc etc) planning on going into production this cycle. It’s definitely a sector to study up on and allocate 💵. Cheers!
@@friarnewborg9213 I believe so. With a great, liquid balance sheet, no debt, physical uranium bought for less than it costs to mine it, land packages and JVs in The Athabasca Basin, a significant share in the only Uranium royalty company, several permitted Uranium ISR mines in the US, totally unhedged to take full advantage of rising Uranium prices and a MOU with Bill Gates founded Terra Power, with their next generation, Small Modular Reactors.
Long time invested in UEC! Great presentation!
Since $1.29 myself. Things are getting good @ UEC
@socalsilver6397 I'm new to financial investing. I noticed on their balance sheet they have almost no debt, I thought that was unexpected for an exploration company. They also have increasing revenue year to year. Uranium prices are going up, because of increased demand? I heard uranium is also an energy source that will continue to be in demand. I bought shares.
@@CB-ob5vh Yes, growing demand (worldwide) but not nearly enough supply. Even with UEC and the others (UUUU, NXE, URG, GLATF, DNN etc etc) planning on going into production this cycle. It’s definitely a sector to study up on and allocate 💵. Cheers!
First owned 2018, last purchase 2023. I have over $150k in this company.
Great company, with a great strategy and management team. Long term invester.
BUT... is the Value There??
@@friarnewborg9213 I believe so. With a great, liquid balance sheet, no debt, physical uranium bought for less than it costs to mine it, land packages and JVs in The Athabasca Basin, a significant share in the only Uranium royalty company, several permitted Uranium ISR mines in the US, totally unhedged to take full advantage of rising Uranium prices and a MOU with Bill Gates founded Terra Power, with their next generation, Small Modular Reactors.
Any ISR production already anywhere? I'm not sure there are any.
URG in Wyoming
KAZ in Kazakstan
I believe there’s more ISR producing companies. Those 2 off the top of my head.