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Post by wanderer on Oct 18, 2021 17:58:09 GMT
Tailwinds also hopping on the Uranium train now Magnus, Great call on the uranium as it Looks like most of the US stocks you mentioned last December have tripled or quadrupled as you assumed. Do you see this as just the beginning with more room to grow?
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Post by magnus123 on Oct 18, 2021 19:27:49 GMT
Tailwinds also hopping on the Uranium train now Magnus, Great call on the uranium as it Looks like most of the US stocks you mentioned last December have tripled or quadrupled as you assumed. Do you see this as just the beginning with more room to grow? Short answer: Yes! There is still massive potential. I'll post more later. My favorites are GLO, DNN and UUUU.
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Post by magnus123 on Oct 19, 2021 10:13:00 GMT
@ wanderer @all Another big news was announced yesterday. Worlds biggest producer Kazatomprom plans to invest in a physical U fund. This is Sprott 2.0! Bears always said that Kaza would flood the market with cheap U - totally wrong! Additionally, Japan announced that it want to restart 20 reactors until 2030 to meet it's climate goals. China is building more as well and they have MASSIVE power demand, which has to go up significantly in the coming years. Europe has to come back, if it wants to reach climate goals and prevent blackouts we need it. France is committing to it and finland as well. Germany is stupid for shutting down reactors instead of coal plants. So, where can these stocks go? Let's take a look at 2007-2008 and the Uranium hype back then. DNN and PDN both became producers and with U prices above $100, they exploded from pennystocks to $10+! GLO has phase 1 recources of more than 40 Million LBs, which it plans to mine beginning in 2024 for up to 10 years. Total resources are more than 200 Million! The phase 1 program could generate revenues of $2.4 BILLION at a U price of $60. It escalates quickly with higher prices and GLO has a very low cost base. That means that a $700 Million market cap now is a joke, if those price projections are correct in the next 2-3 years. I'll hold GLO for $10+. The same is true for DNN, UUUU or PDN. There is a very good author on ST and Reddit - Napalm-1. He predicted this for a much longer time. I advise you to read his posts about valuations of the sector. www.reddit.com/u/Napalm-1?utm_medium=android_app&utm_source=shareP.S. I've also said earlier that I had UEC. I wouldn't buy this company now because of a crappy management. It's horrible. The companies who are in the sweet spot are GLO, DNN, UUUU and PDN. CCJ and Kazatomprom are safer bets.
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Post by wanderer on Oct 20, 2021 14:09:50 GMT
@ wanderer @all Another big news was announced yesterday. Worlds biggest producer Kazatomprom plans to invest in a physical U fund. This is Sprott 2.0! Bears always said that Kaza would flood the market with cheap U - totally wrong! Additionally, Japan announced that it want to restart 20 reactors until 2030 to meet it's climate goals. China is building more as well and they have MASSIVE power demand, which has to go up significantly in the coming years. Europe has to come back, if it wants to reach climate goals and prevent blackouts we need it. France is committing to it and finland as well. Germany is stupid for shutting down reactors instead of coal plants. So, where can these stocks go? Let's take a look at 2007-2008 and the Uranium hype back then. DNN and PDN both became producers and with U prices above $100, they exploded from pennystocks to $10+! GLO has phase 1 recources of more than 40 Million LBs, which it plans to mine beginning in 2024 for up to 10 years. Total resources are more than 200 Million! The phase 1 program could generate revenues of $2.4 BILLION at a U price of $60. It escalates quickly with higher prices and GLO has a very low cost base. That means that a $700 Million market cap now is a joke, if those price projections are correct in the next 2-3 years. I'll hold GLO for $10+. The same is true for DNN, UUUU or PDN. There is a very good author on ST and Reddit - Napalm-1. He predicted this for a much longer time. I advise you to read his posts about valuations of the sector. www.reddit.com/u/Napalm-1?utm_medium=android_app&utm_source=shareP.S. I've also said earlier that I had UEC. I wouldn't buy this company now because of a crappy management. It's horrible. The companies who are in the sweet spot are GLO, DNN, UUUU and PDN. CCJ and Kazatomprom are safer bets.
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Post by wanderer on Oct 20, 2021 14:11:15 GMT
Thank you Magnus for all the DD
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Post by magnus123 on Nov 3, 2021 10:04:35 GMT
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Post by magnus123 on Nov 3, 2021 10:21:08 GMT
One of my favorite researchers on Twitter says this:
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Post by magnus123 on Jan 5, 2022 14:43:51 GMT
Unrests in Kazakhstan could severely disrupt global U supply chains. Kazatompron (KAP) down 10% in London, while the rest of U stocks is shooting higher. KAP is responsible for at lest 40% of global U supply...
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Post by JHam on Jan 5, 2022 16:38:27 GMT
Unrests in Kazakhstan could severely disrupt global U supply chains. Kazatompron (KAP) down 10% in London, while the rest of U stocks is shooting higher. KAP is responsible for at lest 40% of global U supply... The internet crashing certainly didn’t help things either.
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Post by JHam on Mar 10, 2022 0:51:54 GMT
Unrests in Kazakhstan could severely disrupt global U supply chains. Kazatompron (KAP) down 10% in London, while the rest of U stocks is shooting higher. KAP is responsible for at lest 40% of global U supply... Just curious how the trouble in Ukraine/Russian has impacted your positions in Uranium. I was just reading through some tweets about how since Kazakhstan is more or less a Russian proxy and Rosatom getting sanctioned, the entire sector could be untouchable soon. Not to mention the real-life implications we all could suffer from.
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Post by magnus123 on Mar 10, 2022 8:34:53 GMT
Unrests in Kazakhstan could severely disrupt global U supply chains. Kazatompron (KAP) down 10% in London, while the rest of U stocks is shooting higher. KAP is responsible for at lest 40% of global U supply... Just curious how the trouble in Ukraine/Russian has impacted your positions in Uranium. I was just reading through some tweets about how since Kazakhstan is more or less a Russian proxy and Rosatom getting sanctioned, the entire sector could be untouchable soon. Not to mention the real-life implications we all could suffer from. This is very bad news if they do it. To be clear, Rosatom is not mining uranium, if I'm correct. But they're making the fuel from KAP raw uranium. Any disruptions will lead to an explosion in uranium prices (Spot U price up $10 yesterday...) Doing this is not smart from the US Gov.
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