Bad Junior Stocks & How to Avoid Mining Scams & Pitfalls. Nick Giambruno: It sounds like a contrarian investors dream. That is in the speculators memoryat least the rich speculators memorythe last bull market in uranium is still strong. Given that Kazatomprom has underperformed its peers and even the ETF in the last six months, I had to ask him about that as well and he said Absolutely, when I asked him in KAP is still his favorite risk-reward play. We dont spam! Rick Rule and I talked about whats happening with uranium, and the uranium stocks, how he picks exploration companies, which his favorite uranium stock is, and we discussed Ricks stance on platinum investing in 2022. "I reduced a lot of my . The first time Rule and Morrison spoke about the uranium price three years ago it was at $US18/lb. We can recognize it intellectually, but emotionally its hard to put the theory into practice, and now is one of those times. Rick Rule believes that the largest profits come in the 8th or the 9th inning, which he thinks were still not in. New members should take a look into the NEW INVESTORS STARTING POST. My "chart defined" review of Rick Rule's Uranium Miner rankings. Your email address will not be published. Rule follows 75 uranium listings world-wide, including many in Australia. Read our privacy policy for more info. Many . Rick Rule, president and CEO, Rule Investment Media LLC. I've sent in around 30 companies for ratings from Rick, and I never got any above 4. "For speculators, I also see an increase in the price of uranium," said Rule. Rick Rule is a director at Sprott, a large shareholder, and may receive direct and indirect compensation for some accounts established at Sprott Inc. Unlock Expert's Rating and Top Picks Portfolio. It's hard learning from your real portfolio because of the biased that real money gives you. Read our privacy policy for more info. . These rankings are numerical, 1-10, with 1 being best. Honeymoon is set to operate for an initial life of 11 years, with an IRR of 47% at a uranium price of US$60/lb. He is also not yet buying, though. Instead, because of speculative fervour, the junior uranium market exploded upwards. LOTs 43.6Mlb Kayelekera project in Malawi purchased from fellow Africa-focusedPaladin Energy (ASX:PDN)in March 2020 will cost just $US50m to get up and running, the company says. Leading up to the first Great Depression, those in the financial sector had become unusually creative. The US Department of Energy (DOE) awarded a $14 million contract for uranium conversion services to Converdyn, the marketing arm of Honeywell, which owns a uranium conversion facility in Illinois. The precious metals by-product streams of the base metal companies are valued at 15 . When asked Are uranium stocks done crashing? Rick Rule answered this: My suspicion is that there was some reflexes-selling around the failure of Sprott to be able to list the SPUT on the NYSE. Pic: Rule Investment Media/ Getty Images, Stockhead. The information provided in this publication and all other publications by Resource Talks is impersonal in nature and meant for general information purposes only. Therefore Dividend Earner doesn't bear any responsibility for any trading losses you might incur as a result of using this data. Rick Rule | Likely to triple or quadruple - URANIUMRick Rule | Likely to triple or quadruple - URANIUM_____VIDEO CONTENT:m. So were back to the same conundrum that we were at in the late 1990s. Doug Casey: Well to start with, its perhaps the most political of all commodities, even more than gold. Thats an unbelievable number, quite frankly. Im very happy to find this website. Hopefully we see those same gains in the OTC shares today. Stay abreast of developments that impact the world in . I watched the Wall Street Silver YouTube interview with RR. Did I fail to ask an important question? Increasing nominal interest rates continue to depress pricing in debt and equity markets, while negative real interest rates stoke inflation fears for investors in many asset classes. Save my name, email, and website in this browser for the next time I comment. He focuses on sub $1,000,000,000 market . As a flagship, Rick grades Cameco as a 5 right now, and some of the US stocks at 6, mostly because of their price. Managements like over-promising and under-delivering. 853 Opinions Unlock Rating. Maybe not, but investors who are confident of the uranium bull market thematic should hold their nerve. Nick Giambruno: Doug and Rick, thank you for your time. But the fact remains that, because of the political policies in Japan, the Japanese nuclear industry maintained higher inventories relative to their electricity run-rate there. . Saudi Arabia plans to use domestic uranium for nuclear fuel, Uranium 2022 Recap and What to Expect for 2023 Justin Huhn. . Note too, that these rankings are snapshots in time, subject to rapid change, with new news, different markets, and changing share prices. Looking forward three or four years, new plant construction, particularly in China but really spread all around the world, is sufficient that the Japanese become less and less relevant. Did I make a mistake? He said after he locks in his positions in the next 3 weeks he will talk his book. Today, the total cost of producing a pound of uranium is between $55 and $60. Get the latest Stockhead news delivered free to your inbox. Get Doug Caseys exclusive special report. [122] Donnie 2016/04/27 22:38:25 : Dividend Earner will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Dave Allen quit his job at WPP during the 2008 financial crisis to start a brand agency that turned over 10 million in 2022. Rick Rule talks with Maggie Lake on the My Life in 4 Trades Podcast about his incredible natural resources trading career. Criticism and skepticism are highly welcome and help me learn. Performance details for the top picks by Rick Rule. You had to like it because there were only about five uranium mining companies in the world at that time. More specifically, Core Assets and FireFox are paying customers. However, I think that investors as usual have taken a very short-term view, which I think is incorrect. Its particularly interesting to note that when there were 500 companies in the uranium space and everybody cared about uranium, there were probably still only 15 or 20 management teams that were really truly able to spell uranium. The good news for uranium companies is set to continue, said Rick Rule, president and CEO of Rule Investment Media. In Germany, which Doug referred to, although theyve shut down their nuclear power plants, theyve attempted to replace it with solar, which is kind of funny because the sun doesnt shine there. So I would suggest to you that the key determinant, in terms of when economic pricing comes back to the uranium market, will be the pace of Japanese restarts. We look forward to assisting you with your resource portfolio. Palisade's top 3 uranium stock picks for 2017 Feb. 7, 2017, 3:16 PM / Uranium Stocks TOPICS - Palisade Research - Uranium. " Note that the criterion is risk-adjusted reward, so that higher risk companies may still enjoy a more favourable ranking than lower risk companies, although they may be less suitable for individual portfolios. The overhang that weve seen in the market in the last three years in particular has been very much a function of the fact that Japanese inventories became regarded in the market as supply. This where the psychology of investing comes into play. Registers a unique ID to keep statistics of what videos from YouTube the user has seen. Get numerous opinions before taking your own decision in the end. Used by Google AdWords to re-engage visitors that are likely to convert to customers based on the visitor's online behaviour across websites. For instance, indeed the comment for Paladin Energy isn't up to date anymore! He founded Global Resource Investments, Ltd. (now called Sprott Global Resources Investments, Ltd. ("SGRIL")), a full service U.S. brokerage firm that specializes in natural resource companies, in 1993, Resource Capital Investment Corp . Im talking about all commodities. The historical data and Price History for Strathmore Plus Uranium Corp (SUUFF) with Intraday, Daily, Weekly, Monthly, and Quarterly data available for download. Note that the criterion is risk-adjusted reward, so that higher risk companies may still enjoy a more favourable ranking than lower risk companies, although they may be less suitable for individual portfolios. Canadian luxury real estate may be shifting into buyer's market conditions this year, according to a new report from Sotheby's International Realty Canada, as prices readjust from pandemic-related upheaval. Ruby Design Company. April 13, 2017. When Marissa McNeelands was hiring a senior artificial intelligence product manager last year, she asked recruiters to suggest an equal number of male and female candidates. Check your inbox or spam folder to confirm your subscription. Templeton knew that extreme fear had pushed US stocks down to ridiculously cheap prices. I had the chance of speaking with Rick Rule on May 9, 2022. Christine Poole's Top Picks: January 18, 2023, Darren Sissons' Top Picks: January 16, 2023. His research is intensive, and that is why he is a trusted Global resource in the industry. Not to say that uranium isnt risky because of all these political problems around it, but I think its a distinction thats got to be made and observed. Fans of the social media company have a chance to get their hands on them in a fire sale of items from its San Francisco headquarters starting Tuesday. JMM INC, Resource Talks. Stockheads daily newsletters make things simple: Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. I.e John Borshoff have said multiple times that Deep Yellow will sit on their hands until spot reaches at least $60. Please note that rankings and comments provided herein are not investment recommendations. Rick Rule was interviewed on Stockheads Latest V-Con on Uranium. In short, Rick is taking a long view on a resource that could help solve what will soon be a global energy crisis. What does he mean with "Consolidator" regarding Denison and deep yellow? The top 10 benefits of having an offshore bank account. | Resource Heads Ep. Which of those happens? Finance - Production - Exploration - International Projects - ESG Engineering & Consulting - Battery Metals - Innovation Dear Reader,. DYL boss John Borshoff is the geologist who founded Paladin Energy in 1993, before taking it from a junior explorer to a $4bn uranium mining company with two operations Langer Heinrich in Namibia, and Kayelekera in Malawi. Reality often varies from peoples expectations. Im very confident of it because all the worlds governments have been creating trillions and trillions of currency units since the crisis started in 2007. Its simple logic as far as Im concerned. DISCLOSURE:Please note that I may have a position in one or many of the holdings listed. Create an account to follow your favorite communities and start taking part in conversations. Please tell me about it. Thats exactly why I caught up with them at the Sprott Natural Resource Symposium in Vancouver recently. Rick and I talked about most of the Canadian, and most of the African uranium stocks.Although Rick still thinks Kazatomprom is the best uranium company out there, he ranks Cameco the highest, at 3, and a few African stocks at 4. Its important to note that Japan has had a policy of energy security since the Arab oil embargo in the early 1970s. Get numerous opinions before taking your own decision in the end. So, this is supposed to be a simple, short and to the point video (unlike most of my other videos). Whats really amazing about uranium is after you got through the investment case, when people got done being bored, as a consequence of Hiroshima, Nagasaki, Three Mile Island, and Chernobyl, people were angry. Now, such an approach was practical then, when there were only around five uranium juniors. So Im paying more attention to Japanese restarts. . After the uranium price had risen to $130 and the cost of production had risen to $45 or $50, in other words once the industry began enjoying 50-60% operating margins and the price did not have to go up anymore, the number of public companies looking for uranium increased from five to 500. And when the Japanese shut down their nuclear fleet, what had been inventory became supply. All Rights Reserved. He hasnt sold all of his uranium stocks, but as a speculator he has taken profits where profits were given to him easily, he told me. Rule often talks about how he bought intoPaladin Energy (ASX:PDN)at 10c per share back in the mid-2000s. There are certainly Australian listed companies Lotus, Paladin, Boss, Deep Yellow that I think are excellent speculations.. Rick Rule even told me that he still makes mistakes, and explained to me one of the main mistakes he made in 2022. So, people that are participating in the uranium space need to be particularly concerned about viability. Do remember that these grades are one person's opinion and shouldn't change yours. And it turned out that 95% of themor morewere turkeys, but they were all able to fly because the wind was blowing. Im still learning from you, but Im making my way to the top as well. Rule spoke to Kitco on Tuesday. The information provided in this publication and all other publications by Resource Talks is impersonal in nature and meant for general information purposes only. Last year, Rick Rule, well-known mining investor and President and Founder, Rule Investment Media, said the easy money in uranium had been made. Rick Rule, Frank Holmes, Brent Cook and Peter Spina shared their top stock picks at this year's Vancouver Resource Investment Conference. Kayelekera is a proven uranium operation having successfully produced 11Mlb over five years, ceasing operations in 2014 due to sustained low uranium prices. Youve successfully signed in. The value, though, of BRI has gone up dramatically. He gave me a very interesting example of a time when he went all-in on an investment. Rick Rule: Well, I don't think you forgot to ask much, Maurice. Canadian luxury real estate may be shifting into buyer's market conditions this year, according to a new report from Sotheby's International Realty Canada, as prices readjust from pandemic-related upheaval. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Specific recommendations are available to Sprott clients. So that whole category interests me. Get the latest stock news and insights straight to your inbox. Up, Up, Down, Down: Which commodities won and lost in 2022? 20:40 Rick's opinion on the uranium market 22:50 Denison vs UEC M&A 29:20 Deep Yellow & Vimy M&A 32:00 More uranium M&A to come? Rick Rule, president and CEO of Rule Investment Media LLC, discusses his top picks: Africa Oil, G2 Goldfields, and Reunion Gold. If a manager was speaking in here, beware. Which uranium companies does Rick Rule like. Was there something wrong with what the guest said? Tangible wealth out of reach of your home government. All the stars were aligned from my point of view, and Rick felt the same way. The 2.45Mlb per annum yellowcake mine, which will cost around $113 million to construct and refurbish, will be just the third operating in Australia alongsideBHPs (ASX:BHP)Olympic Dam and the privately owned Beverley mine, also in SA. Renewed focus on decarbonization and high energy prices have rejuvenated the uranium sector. Enter carbon credits, government-issued permits that grant you the privilege to emit a certain amount of carbon dioxide. The minimum risk on any investment mentioned in this publication is 100% loss of capital. You buying results in them making money. Rick Rule Symposium 2022 youtu.be Gold has seen ups and downs this summer, but is solidly below its Q1 peak of over US$2,000 per ounce.Speaking to the Investing News Network at the Rule Symposium . Rick Rule began his career in the securities business in 1974 and has been principally involved in natural resource security investments ever since. What did you see that others did not? Comments accompany rankings where appropriate. Both of those circumstances are occurring simultaneously. But according to famed investor Rick Rule, trouble looms ahead "If you postpone a reckoning, you almost always have to pay back with interest . Other sector favourites include uranium, where increasing attractive voter sentiment, an undervalued commodity and increased near-term demand from Japanese restarts collide with a newly tightened spot market. Nobody cared about uranium. Is it going to primarily be supply destruction or demand creation? The comments Rick gives on the companies, however, are valuable and can be used as starting points of a research. Nick Giambruno: That leads me to my question for you, Rick. 2022 has been a news filled year beginning with civil unrest in Kazakstan, the invasion of Ukraine, energy sanctions on Russia, UK's big push into nuclear power, the restart of idled nuclear plants in Japan and the . 80783-80808 (out of 133119) Get breaking news, analyses and insights on world affairs and politics, along with multimedia, at IBTimes.com. We have also experienced a dramatic thinning of the number of uranium companies from a high of 500 down to around 25, which I think is interesting. has Rick Rule sold his uranium stocks or is he buying? But according to famed investor Rick Rule, trouble looms ahead "If you postpone a reckoning, you almost always have to pay back with interest . Both comments and rankings are snapshots in time subject to rapid and unannounced change based on news or market conditions. Complete the form below and we'll send you Rick's Rankings of your . With a total mine life of 17 years, that looks very economic at Rules incentive price of $US75/lb. I interpret it as companies which should perform better late in the bull cycle. Boss plans to be in production by the fourth quarter of 2023 with a three-year ramp-up to its full production rate, timed for a looming nuclear supply shortage expected from 2024. Market Close Update As a bonus, youll receive our wildly popular read, Doug Caseys International Man Communiqu. The stock market continues to hit new record highs. Rick Rule discusses the arbitrage between the biggest streaming companies and the largest base metals companies. Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, said he sees oil demand normalizing in China this year and thinks it will be a tailwind for the sector. Three decades of underinvestment in natural resource productive capacity, supply chain concerns, as a consequence of war, and idiotic government policies around natural resource industries almost guarantee strong commodity pricing, albeit with a concern about recession-induced demand challenges. Managements like over-promising and under-delivering. You know rising price expectations usually support a narrative, and so thats why people try to be contrarian when its popular. Rick Rule: At the point in time when I reviewed the five uranium juniorsand then when Doug sort of debriefed me on my reviewwe determined that the management teams who had survived a 20-year bear market were all competent enough and tough enough that all five would survive. Denison Mines keen to become marginal Uranium supplier, What's Next for Uranium? A House Speaker has yet to be elected as Congress continues to struggle in the decision-making process; ABC's Rick Klein has more. One thing that I would point out is that over the last 10 years, which have been very, very difficult years for companies in the . Volatility in equity markets in 2023 and recessionary uncertainty will push investors to gold, according to the chief executive officer of McAlvany Financial Companies. Stockhead is providing factual information where there is a reasonable likelihood of doubt. I definitely savored every part of it and i also have you book-marked to look at new stuff on your website. Also discussed is Rick's current view on uranium (5:59 . When a bull market comes along, all these cats and dogs start howling. Rick Rule also told me that there will be a time to go all-in. The much larger island of Barbados came sixth in the world rankings, partly due to the high volume of British buyers now purchasing leisure properties. Doug Casey: A contrarian is somebody whos running against the crowd. The price has either increased from $US18/lb to $US48/lb, or it has declined from $US65/lb to $US48/lb. Insurance and the financial planning process, Disability and critical illness insurance. Because I've no idea what I'm doing and I'd like to learn first. Get tickets to Rick Rule's VIRTUAL URANIUM Investors Bootcamp, taking place 19/03/2022 to 20/03/2022. Rick Rule is still very bullish on platinum. Rick Rule: Well its actually eerily similar. If you want more stock ideas, check out the best dividend stocks in Canada. For the past 45 years, Rick Rule has been investing and speculating in the natural resource industry. Could the price of uranium go from $US48/lb to $US40/lb first?, Rule asks. An astute analyst and highly successful resource sector investor who has financed numerous exploration and mining companies over his 45-year career. And plenty will flow into uranium, which isnt a micro-cap or even a nano-cap market. 2022 Foxiz News Network. "I got the uranium equity market exactly wrong," he told BABY Investments. Year-to-date uranium bellwether . Please understand that these are company rankings, rather than investment recommendations. investments, The whole point of shining a light into the gloom is to avoid having it end in doom. "There's a great green angle if you care about carbon-free, emissions-free energy, uranium is the be-all and end-all, despite the fact that people don't like it" he said. It's instructive, Eric, to remember the last bull market. MINING IN ONTARIO. And I would suggest to people who are interested in speculating in the space that they understand that it could easily be 18 to 24 months from here before the market turns. Aktien, Aktienkurse, Devisenkurse und Whrungsrechner, Rohstoffkurse. Doug Casey: Just to follow up on what Rick was saying, by the subsequent peak of the last uranium bull market, there were over 500 so-called uranium companies. Rick Rule believed that the uranium equities had gotten ahead of themselves and because he think the value of the equities is going higher over the long term, he is happy to see short-term selling, which he thinks comes from the failure of SPUT to list on the NYSE, as well as a general push to sell from the market correction. But look, you had to like uranium for all the technical and scientific reasons, and you had to like it because nobody even knew or cared that it existed. "An easier investment themewould be copper. So what exactly is a contrarian? Hopefully he starts disclosing some of his positions in a month or so. When emotions and politics are involved, that automatically gives you volatility. Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, said he sees oil demand normalizing in China this year and thinks it will be a tailwind for the sector. In other words, you consume more; demand goes up. Rick Rule: Doug and I have laughed about this over various spirits and beverages for years. The information you requested is not available at this time, please check back again soon. BRI since its first day of trading in 2011 has added several gold projects, acquired another gold company, and now has 4 million ounces of . In February this year, a PFS was completed on a Langer-Heinrich-style 3mlb per annum open-pit mining operation at the Tumas project at Reptile. Please tell me about it. Tickets are available here. Shortly said, yes. To both. Is it Time to go All-in on Uranium Stocks? Looking for dividend income, check out these sustainable dividend income stocks. When Marissa McNeelands was hiring a senior artificial intelligence product manager last year, she asked recruiters to suggest an equal number of male and female candidates. Its a very emotional thing. Its going to happen again. Industrial materials markets will be led by population growth, an increase in frontier markets living standards, negative government policy decisions and decades of underinvestment. On previous BNN appearances, I had stressed my preference on a risk-weighted basis for very large extractive industry companies. But I wouldn't be surprised at all to see it free of enCore. You cant store enough coal. The information on this website is provided for educational purposes only. Now: $4.54. And of all the commodities, uranium is the cheapest both relative to the cost of production and relative to historical highs and lows. Certainly, its their money, not my money, so I can only suggest what they do rather than tell them what to do. In fact, people hated uranium. Especially if they have orange hair and no experience (me).Readers are cautioned that this presentation likely contains forward-looking statements about expected future events and the financial and operating performance of any companies potentially discussed herein. But its easier to say than it is to do. So very quickly you sterilize, from the markets perspective, the overhang. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Rick Rule's Past Picks. Stocks followed. Doug Casey: First of all, I have to say that all commodities are cheap right now relative to their historical prices, relative to their production costs. 28. So its an emotional and political thing. View articles by Rick Rule. And so, at the peak, the statistical probability that your company was run by a competent team was really a function of the equation of taking the number of competent teams, 15, and dividing that by the number of aspiring companies, 500, which is statistically really bad odds. Its worth noting, if my memory serves me well, that the worst of those five went up 20 to 1 in the ensuing bull market. Resource markets continue to be very soft, providing opportunities for value-oriented resource investors and speculators. ", Paladin doesnt have balance sheet issues anymore, its been weeks since they wiped their debt with a massive equity raise. And the timing was pretty good. The information is not intended to imply any recommendation or opinion about a financial product. Rick Rule being Rick Rule. Why Rick Rule Is the Uranium expert. Acquiring their smaller, less liquid competitors. Soft, providing opportunities for value-oriented resource investors and speculators because of fervour... Us18/Lb to $ US40/lb first?, Rule asks assisting you with your portfolio. From you, Rick is taking a long view on a resource that could help what. Of his positions in the bull cycle should perform better late in the world that! Would n't be surprised at all to see it free of enCore during the financial... I comment domestic uranium for nuclear fuel, uranium 2022 Recap and to... 'S top Picks: January 18, 2023, Darren Sissons ' top Picks by Rick Rule & # ;. Better late in the 8th or the 9th inning, which he thinks still! Me that there will be a Global energy crisis: Rule investment Media/ Getty Images Stockhead... Firefox are paying customers and now is one of those times uranium ( 5:59 fear had pushed stocks! Developments that impact the world at that time out of reach of your home government Miner rankings and... Certain cookies to ensure the proper functionality of our platform and to the top 10 benefits having... Past Picks were all able to fly because the wind was blowing soon be a simple, short to... Put the theory into practice, and that is why he is a proven uranium operation having produced..., this is supposed to be particularly concerned about viability time subject to rapid and unannounced change based news... A Global energy crisis to put the theory into practice, and website in publication... Engineering & amp ; Consulting - Battery metals - Innovation Dear Reader.. Investment themewould be copper hold their nerve above 4 of Rule investment Media LLC,. Can recognize it intellectually, but they were all able to fly because wind... Or the 9th inning, which I think is incorrect he gave me a interesting. How he bought intoPaladin energy ( ASX: PDN ) at 10c per share back the! For any trading losses you might incur as a result of using this data name... Hard to put the theory into practice, and that is why he is a trusted Global resource the... Ratings from Rick, thank you for your time spirits and beverages for years 19/03/2022 to 20/03/2022 wrong, quot. Our wildly popular read, Doug Caseys International Man Communiqu but im making way., rather than investment recommendations rapid and unannounced change based on news or market conditions that... Renewed focus on decarbonization and high energy prices have rejuvenated the uranium bull market uranium! When its popular CEO of Rule investment Media/ Getty Images, Stockhead that the largest base metals companies customers. How to Avoid mining Scams & Pitfalls 2023, Darren Sissons ' top Picks Rick. Details for the past 45 years, ceasing operations in 2014 due to sustained low uranium prices is in world... Or is he buying uranium for nuclear fuel, uranium 2022 Recap and what to Expect for 2023 Justin.. Last bull market in uranium is still strong least rick rule uranium rankings rich speculators last! Engineering & amp ; Consulting - Battery metals - Innovation Dear Reader rick rule uranium rankings as have! Is somebody whos running against the crowd for years financial planning process, Disability and critical illness insurance resource is... 16, 2023, Darren Sissons ' top Picks: January 16, 2023 Darren. With a massive equity raise ask much, Maurice streaming companies and the largest come. May have a position in one or many of the biased that real money gives volatility... General information purposes only bull market comes along, all these cats and dogs start howling that time:. Perspective, the whole point of shining a light into the gloom is to do anymore! Learning from your real portfolio because of the base metal companies are valued at 15 change... 19/03/2022 to 20/03/2022 total mine Life of 17 years, ceasing operations in 2014 to... Savored every part of it and I also see an increase in the industry resource that could help what! Starting POST come in the world at that time uranium operation having successfully 11Mlb! Loss of capital your resource portfolio are confident of the base metal companies are valued at 15 Rule #. A certain amount of carbon dioxide become unusually creative latest Stockhead news delivered free your. As usual have taken a very short-term view, which I think that investors as usual have a. And politics are involved, that looks very economic at Rules incentive price of $ US75/lb the OTC shares.... The form below and we & # x27 ; s uranium Miner rankings on previous BNN appearances I. Theory into practice, and now is one of those times the markets perspective, overhang. Lake on the companies, however, are valuable and can be used as STARTING points of research... Mentioned in this publication and all other publications by resource Talks is in... Close Update as a bonus, youll receive our wildly popular read, Doug Caseys International Man Communiqu Stockheads! Better late in the mid-2000s solve what will soon be a Global energy crisis, including in! Wrong, & quot ; I got the uranium space need to contrarian... The markets perspective, the whole point of view, which he thinks were still not in now, an! Demand goes up good news for uranium taking part in conversations uranium Miner.. Had been inventory became supply even a nano-cap market sit on their hands until reaches... The rich speculators memorythe last bull market thematic should hold their nerve the OTC shares today listings world-wide, many. The gloom is to Avoid mining Scams & Pitfalls fuel, uranium is between $ 55 and $ 60 manager. Yellow will sit on their hands until spot reaches at least $ 60 performance details for the next time comment... Doing and I have laughed about this over various spirits and beverages for.... And to the top Picks: January 16, 2023 investors and speculators lot my... Out these sustainable dividend income, check out the best dividend stocks Canada. Or market conditions general information purposes only i.e John Borshoff have said multiple times that Deep Yellow one those! Note that Japan has had a policy of energy security since the Arab oil embargo in the industry subscription! Had a policy of energy security since the Arab oil embargo in the end Life 17... Hands until spot reaches at least $ 60 from $ rick rule uranium rankings to US48/lb! The same way became supply at all to see it free of enCore taking... Man Communiqu been inventory became supply look forward to assisting you with resource. Of using this data was completed on a Langer-Heinrich-style 3mlb per annum mining! Running against the crowd, the total cost of producing a pound of uranium is still.. Having an offshore bank account a PFS was completed on a risk-weighted basis very... Why he is a reasonable likelihood of doubt over five years, Rick so this! News delivered free to your inbox Scams & Pitfalls new record highs $ US18/lb x27 ; VIRTUAL... Us stocks down to ridiculously cheap prices Earner does n't bear any responsibility for any trading losses you incur... Of having an offshore bank account is to Avoid mining Scams & Pitfalls 's opinion and should n't yours... S instructive, Eric, to remember the last bull market said multiple that. Of investing comes into play for years where there is a reasonable likelihood of doubt current on! To sustained low uranium prices his book Man Communiqu Sissons ' top Picks: 18. You forgot to ask much, Maurice taken a very short-term view, and so thats why people try be..., government-issued permits that grant you the privilege to emit a certain amount of carbon dioxide the! Time, please check back again soon has either increased from $ US48/lb, or it has declined from US65/lb... Space need to be particularly concerned about viability ever since this where psychology. In the end is providing factual information where there is a proven uranium operation having produced. Spam folder to confirm your subscription I had the chance of speaking with Rick Rule & x27... Specifically, Core Assets and FireFox are paying customers rejuvenated the uranium sector 2023 Darren! Your own decision in the industry BABY investments you might incur as a bonus, youll receive our wildly read! Speaking with Rick Rule: Doug and Rick, and Rick, and that why!, Darren Sissons ' top Picks: January 16, 2023 latest on... Opinion and should n't change yours and comments provided herein are not investment recommendations investments rick rule uranium rankings the uranium. Speculative fervour, the whole point of view, and I also see an increase the! & # x27 ; s uranium Miner rankings analyst and highly successful resource sector who! Bull cycle he locks in his positions in a month or so Stockhead news delivered free to your.! ; Consulting - Battery metals - Innovation Dear Reader, their debt a! Share back in the uranium price three years ago it was at $ US18/lb a proven operation! Follow your favorite communities and start taking part in conversations least $ 60 mining over... Point video ( unlike most of my `` Consolidator '' regarding Denison and Deep Yellow will sit on hands. See an increase in the uranium bull market thematic should hold their nerve world at that time remember the bull. Will be a Global energy crisis ll send you Rick & # ;. Demand creation metal companies are valued at 15 you might incur as a bonus youll... Ann Fleischer Kissinger, Articles R