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This is YUUUGE for the uranium market: Sprott Asset Management Enters Into Agreement With Uranium Participation Corporation

nowon

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Here's some of the stock returns from the last uranium bull market from 2000 to 2007..2c
Paladin Energy (ASX PDN, OTCMKTS PALAF) swelled from $0.01 to $10.00 (99,900%)

Cameco Corporation (NYSE CCJ, TSX CCO) increased from $3.42 to $49.60 (1,350%)

Denison Mines (NYSE DNN, TSX DML) rose from $0.25 to $16.57 (6,528%)

UEX Corporation (TSX UEX, launched from $0.08 to $9.15 (11,337%)

Energy Fuels (NYSE UUUU, TSX EFR) flew from $2 to $274 (13,600%)
 

the_shootist

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Does this mean I should start stacking uranium bars now?
 

ZZZZZ

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Paladin Energy (ASX PDN, OTCMKTS PALAF) swelled from $0.01 to $10.00 (99,900%)

Rick Rule, Doug Casey and a handful of others made 8 figure profits on Paladin in the last bull run.

Update from Rick Rule. out today.

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nowon

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Good overview...
 

Goldbrix

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Does this mean I should start stacking uranium bars now?
No, It means Eric Sprott & Company will be targets for "Clinton-cide" for messing in Hitlary's bidness.

:blew up:
 

ZZZZZ

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Goldbrix

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Jodster

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I'm going to try and catch a falling knife, but I've got orders in for:
HURA.TO
NLR
U.TO
URA
URNM

Any thoughts on the above??
 

ZZZZZ

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I'm going to try and catch a falling knife, but I've got orders in for:
HURA.TO
NLR
U.TO
URA
URNM

Any thoughts on the above??

Not at the top of my personal list, but they'll get you some good skin in the game.

Follow John Quakes on Twitter. He's a uranium stock guru.

@quakes99
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Lancers32

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One of the biggest current Uranium bulls has been in this one for quite some time now at least since this base last year and he is a seller at 27 of half. How bullish can he be? Not Dines. Is Jim Dines still holding his Uranium from the last go around? Just asking.
 

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ZZZZZ

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Daily report from John Quakes on Twitter.

My 5 uranium holdings did well today:

FCUUF
UEC
DNN
URC
NXE

DYODD


E0P5eXIVUAMpQnj


E0P5wChVEAAtiNQ
 

EO 11110

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good way to bet on the globalist warmers holding/gaining power

amusing/disturbing that they think nuke power is better for life on earth than oil/gas is

might there be a strong correlation between guns/ammo and uranium/nuke?

radical leftist loons drive the prices up/down as they gain/lose power
 

solarion

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I'm going to try and catch a falling knife, but I've got orders in for:
HURA.TO
NLR
U.TO
URA
URNM

Any thoughts on the above??
I have calls on the URA ETF...despite its return inferiority to URNM. Spreads on the latter are completely insane...it's hopelessly illiquid on ARCA at this point. I've also stacked shares of a few microcap uranium plays...namely Blue Sky(BKUCF), Mega Uranium Ltd(MGAFF), and Azarga(AZZUF). Of all these, URA has done very well as has Mega Uranium Ltd...despite its stupid name.

I've nearly pulled the trigger on the 500 pound gorilla...Cameco(CCJ), but the valuation always gives me pause. A solid selloff would change my mind though.

The way I understand the uranium market is, when long term contracts are re-negotiated...there's going to be a rather significant increase in pricetags as the vast majority of supply is never really negotiated openly, so the prices we see publicly are largely misleading. To some extent, this is similar to the rhodium "market", where there's really no exchange price generally pointed at to indicate a uniformly accepted "spot" price. ...and also why rhodium acts more like bitcoin than a platinum group metal...lack of price suppression.
 
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Jodster

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I’m gonna do something stupid. Opinion on warrants for HYMCZ?
 

ZZZZZ

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I’m gonna do something stupid. Opinion on warrants for HYMCZ?

I'd be leery of ANYTHING billed as the "xxxx of the century."

I followed that company when it was Allied, but never owned it. It WAS a solid company, they screwed up badly.

Good luck, DYODD.

PS This is a uranium thread, not gold mining.
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Goldbrix

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I’m gonna do something stupid. Opinion on warrants for HYMCZ?
Not to keep the high jacking going, anytime a company has to REVISE any reports, that is a Red Flag to me. Question the pedigree of front office personnel.
Back to the "Glow in the Dark" crowd.
 

Jodster

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I'd be leery of ANYTHING billed as the "xxxx of the century."

I followed that company when it was Allied, but never owned it. It WAS a solid company, they screwed up badly.

Good luck, DYODD.

PS This is a uranium thread, not gold mining.
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My apologies for the silver mine digression. I DO value the opinions on here so that’s why I asked.
Truth be known, silver and uranium miners both offer biggest upside for the next 5 years. They’re not such different beasts, when you think of it.
 

Uglytruth

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Did anyone get into the Sprott Uranium fund that was opened mid July 2021? Thoughts?
 

ZZZZZ

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Did anyone get into the Sprott Uranium fund that was opened mid July 2021? Thoughts?

No, I'm already all-in as far as I can go with uranium stocks.

More bullish news just out:

JFnzlZnZ_mini.jpg

John Quakes
@quakes99
Bloomberg: World's largest #Uranium Miner May Buy Spot Metal for Stockpiles Kazatomprom $KAP "may buy additional material in the spot market during the second half of the year in order to keep its inventories within the targeted range and to meet sales commitments"
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Goldbrix

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Bloomberg: World's largest #Uranium Miner May Buy Spot Metal for Stockpiles Kazatomprom $KAP "may buy additional material in the spot market during the second half of the year in order to keep its inventories within the targeted range and to meet sales commitments"
Good Luck wid Dat !
Ya can not get much cheaper silver out of the COMEX you have already paid for. 1000 oz bars paid for and Comex refuses to allow delivery.
 

Jodster

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Did anyone get into the Sprott Uranium fund that was opened mid July 2021? Thoughts?
I’m in.
My U.TO shares were converted to U.UN.TO.
my thoughts were that it was going to dip after the IPO, which it did.
now I’m waiting for a bottom confirmation to buy more. Predicting a three-bagger by mid 2022.
 

ZZZZZ

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Pardon the pun, but uranium stocks are going nuclear today. Most are up 10-15% today.

My #1 holding, FCU.TO, is a double in the last month and a 4-bagger since December.

DYODD.
 
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Jodster

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I’m in.
My U.TO shares were converted to U.UN.TO.
my thoughts were that it was going to dip after the IPO, which it did.
now I’m waiting for a bottom confirmation to buy more. Predicting a three-bagger by mid 2022.
Gotta keep an eye on this one ...
 

ZZZZZ

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Damn, I hate it when CNBC covers a hot market. Possibly a contrarian sign of a short-term top.