U.TO
Tracks the Uranium Price
On the Verge of a breakout ?
Anybody Got some good U Miner Recos ?
I like EFR.TO and NXE.TO and CCO.TO
Here’s a link
https://twitter.com/UraniumResource
thanks Dennis
Tracks the Uranium Price
On the Verge of a breakout ?
Anybody Got some good U Miner Recos ?
I like EFR.TO and NXE.TO and CCO.TO
Here’s a link
https://twitter.com/UraniumResource
thanks Dennis
I took the efr also. China said they may stop shipping rare earths to usa a couple days ago. I have my old gold and silver coins out on my desk for encouragement but not too sure about my u308. Last time my nipples got itchy.
I found this interesting comment on Seeking Alpha. I invested in these names and they’ve been going up nicely. He has at least a good reason to be interested in these miners.
The reactor growth market is Russian and Chinese domestic and export reactors. Since Russia ad China have few domestic uranium sources, Russia and China isolate themselves from the world uranium market by buying sovereign overseas mines that are sanction proof and interdiction proof. Those mines only exist in Africa. Therefore, the only viable uranium investments are GLATF, GVXXF, BNNLF, and DYLLF that serve as takeover targets. With continued development of reprocessing and fast breeder reactors, Russia and China further isolate themselves from North America. The Chinese even predicate their nuclear build out on commercial development of fast breeder reactors. Unless there is a dramatic change in European and American popular (not government) sentiment, North American miners will sell less uranium to fewer European and American reactors.
I also think the safest way to invest in the top companies with name recognition is the Global X Uranium etf URA.
MJ … URA includes the consumers of U, and has small weighting to the miners.
You want URNM.