|
|
Post by magnus123 on Dec 5, 2020 12:05:10 GMT
I've noticed a strong week in uranium explorers, which is very interesting. Nuclear power seems to get more and more hot in order to get emissions down. Nuclear power is obviously the only way in the upcoming years to charge a Tesla overnight with clean energy. No solar power at night and wind energy not enough... The only emission free energy left is nuclear power, which is always available.
More people are now talking about the uranium play, which is still early. It could be the beginning of a big hype, if the EV pump fraction discovers uranium stocks.
My list of stocks is the following:
US traded stocks:
URG
LEU
DNN
NXE
UEC
CCJ
UUUU
TSE traded stocks:
ISO
MGA
GLO
FCU
My plan is to buy solid positions in most of the companies on this list on monday. Solid diversification should be important, if a company starts an unexpected offering. I can imagine those stocks to easily triple or quadruple...
|
|
|
|
Post by magnus123 on Dec 5, 2020 12:31:36 GMT
|
|
|
|
Post by magnus123 on Dec 7, 2020 9:52:47 GMT
Uranium stocks were up big today at ASX in Australia with massive volume. 25% to 35% gains.
I bought the first shares this morning in UEC, UUUU and GLO. I will wait now maybe to market open to buy more.
|
|
|
|
Post by selluwud on Dec 7, 2020 12:06:44 GMT
I tried a nuclear power based stock once (Lightbridge), Fukushima took me out. The industry is recovering though and new technologies are emerging.
|
|
|
|
Post by magnus123 on Dec 7, 2020 13:29:21 GMT
I tried a nuclear power based stock once (Lightbridge), Fukushima took me out. The industry is recovering though and new technologies are emerging. The point is that the narrative is changing more and more. People are realizing that it is impossible to electrify the world without nuclear energy, if you don't want to use coal. |
|
|
|
Post by selluwud on Dec 7, 2020 14:19:20 GMT
I tried a nuclear power based stock once (Lightbridge), Fukushima took me out. The industry is recovering though and new technologies are emerging. The point is that the narrative is changing more and more. People are realizing that it is impossible to electrify the world without nuclear energy, if you don't want to use coal. Agreed, fusion is the future but a long way off. |
|
|
|
Post by magnus123 on Dec 7, 2020 22:02:01 GMT
Strong day here. Let's see what tomorrow brings. The senate passed through a bill for restocking uranium reserves in US. Definitely helped here but the main driver is likely the zerohedge article and the bullish view from Larry McDonald. Uranium is next "centrists green" play according to him and he asks what may happen if the FCEL "mad mob" finds out...
I have UEC, URG, UUUU and FCU. I am looking to buy DNN and NXE, if prices are good.
|
|
|
|
Post by magnus123 on Dec 9, 2020 22:38:36 GMT
Sold FCU this morning for a smaller profit because of a shelf offering filing. Bought more in UEC instead at $1.32.
|
|
|
|
Post by magnus123 on Dec 10, 2020 21:42:45 GMT
Nice comeback today. UUUU reached a fresh 52 week high. But all uranium stocks have performed well today. My biggest position currently is UEC.
|
|
|
|
Post by magnus123 on Dec 14, 2020 15:43:57 GMT
The whole sector is extremely strong today. Cameco is shutting down the largest mine, because of reported Covid19 cases.
|
|
|
|
Post by magnus123 on Dec 15, 2020 18:23:58 GMT
UEC printing new 52 week highs. Great development here. I hope to get some CCJ shares a little bit cheaper.
|
|
|
|
Post by magnus123 on Aug 24, 2021 12:43:19 GMT
Very interesting developments in Uranium. After a longer consolidation, the next run could start, because Sprott started buying of physical uranium with it's ETF.
I'm still holding a position of GLO and added more again. Planning to buy some more in other U stocks.
|
|
|
|
Post by magnus123 on Sept 3, 2021 8:54:38 GMT
Uranium prices above $37 for the first time in years. Sprott is buying hard. GLO exploded yesterday to a new all time high. Stocks on the ASX exploding last night. Great times here.
|
|
|
|
Post by JHam on Sept 3, 2021 13:35:04 GMT
Uranium prices above $37 for the first time in years. Sprott is buying hard. GLO exploded yesterday to a new all time high. Stocks on the ASX exploding last night. Great times here. Good luck with this. I’m following your posts here and I think you could be onto something in terms of getting in the uranium market, but I’m spread too thin now to dabble in anything else. |
|
|
|
Post by JHam on Sept 4, 2021 13:50:11 GMT
Uranium prices above $37 for the first time in years. Sprott is buying hard. GLO exploded yesterday to a new all time high. Stocks on the ASX exploding last night. Great times here. Good interview on Kitco: |
|
|
|
Post by magnus123 on Sept 4, 2021 16:23:07 GMT
Uranium prices above $37 for the first time in years. Sprott is buying hard. GLO exploded yesterday to a new all time high. Stocks on the ASX exploding last night. Great times here. Good luck with this. I’m following your posts here and I think you could be onto something in terms of getting in the uranium market, but I’m spread too thin now to dabble in anything else. Thank you! I think the video you posted below explains it pretty well. I'd not expected it to happen that fast. All the credit belongs to Sprott for now  And one side note: I learned to love the canadian stock market! It can be boring as hell with low volume, but stocks only listed in Canada and on the OTC are the best perfomers. GLO, ISO, GOVX etc. ASX is also really nice. NYSE or Nasdsaq listed stocks are underperforming. They have 10x or more volume but they are lagging. |
|
|
|
Post by magnus123 on Sept 8, 2021 8:17:30 GMT
Uranium prices moved above $40 yesterday. The hype keeps building among uranium names and the canadian stocks are still the best. Not sure when I will take profits on GLO etc.
|
|
|
|
Post by magnus123 on Sept 13, 2021 8:27:07 GMT
tradingeconomics.com/commodity/uraniumUranium surged to above $42 on friday. ASX stocks on fire today with all stocks making new 52 week highs. This should continue today on NYSE, TSX, but I expect a pullback later this week.
|
|
|
|
Post by magnus123 on Sept 13, 2021 14:16:53 GMT
All stocks on fire. Huge inflows into uranium stock ETFs. SPUT also with high volume again and SIGNIFICANTLY above NAV. This allows SPUT to raise a lot of cash through the ATM program (upgraded to $1.3 Billion).
|
|
|
|
Post by magnus123 on Oct 18, 2021 15:31:51 GMT
Tailwinds also hopping on the Uranium train now |
|
