For instance, indeed the comment for Paladin Energy isn't up to date anymore! 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. Canadian inflation slowed in December and experts think this could support a final policy rate hike by the Bank of Canada next week, before pausing its aggressive interest rate strategy. 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. Antonio Atanasov is not an investment advisor. Maybe not, but investors who are confident of the uranium bull market thematic should hold their nerve. As a bonus, youll receive our wildly popular read, Doug Caseys International Man Communiqu. By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. Most real estate is in a bubble. For example, while NexGen has a deposit that will likely turn out to be the most important uranium mine by the time I'm Rick's age (or even sooner), the deposit is \"450 km from anywhere\". I definitely savored every part of it and i also have you book-marked to look at new stuff on your website. It doesnt seem an optimal use of capital to buy them all this time around. The first comment is that everybody wants to be a contrarian when its popular, which is sort of a hard thing to do. Ruby Design Company. Tangible wealth out of reach of your home government. We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. Full podcast here. 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. Why? 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 Most Dangerous Event of the 21st Century, Join an Elite Group of Freedom Seekers, Investors, Adventurers, and Speculators, Making the Most of Your Personal Freedom and Financial Opportunity Around the World, Doug Casey and David Stockman's Contrarian Insider, Decline of Empire: Parallels Between the U.S. and Rome, Part III, Carbon Credits Are the Biggest Scam Since IndulgencesHow You Can Avoid Being Fleeced, David Stockman Reveals What Inflation Would Look Like in a True Free-Market Economy. This means that a company will have to sink a lot of capital into that project before it can do anything with it. Read our privacy policy for more info. Hi there, Youve done a great job. And it was hard to have better timing. Hopefully we see those same gains in the OTC shares today. 28. So, I was ready to get some bad grades on my uranium stocks but I thought they were okay, especially given the YTD performance of uranium stocks. And investors who take a position now in companies should be ready to participate in subsequent private-placement offerings which might otherwise dilute them. For more information, please see our So he called me up and he said, Listen, we ought to be looking at this. And I said, Thats a great idea, I totally agree.. "I monitor 75 public uranium companies in the world. Get numerous opinions before taking your own decision in the end. Im very happy to find this website. Pic: Rule Investment Media/ Getty Images, Stockhead. Rick Rule, president and CEO of Rule Investment Media LLC, discusses his player picks: NAC Kazatomprom JSC, Sandstorm Gold, and Endeavour Mining PLC. Wars destroyed Rome, just as theyll destroy the U.S. 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. Ownership of Top Picks: 100.00%. Dr. Robert Schug, Professor in the school of criminology, criminal justice and emergency managment at CSU Long Beach joins the show to talk more about Bryan Kohberger and the Idaho murders. Please tell me about it. Finally, precious metals stocks are attractive, given their pathetic market performance, the spectre of inflation and very deep negative interest rates. Antonio Atanasov is not an investment advisor. {{data.symbol | reutersRICLabelFormat:group.RICS}}, {{ stock | formatPrefix }}{{ stock.netChng | formatNetChange }}. in the last 30 days. Keep in mind:1.) January 12, 2023 | Josh Chiat, November 4, 2022 | Josh Chiat, October 27, 2022 | Josh Chiat. View articles by Rick Rule. Then, in March, DYLannounced it had secured support from the board ofVimy Resources (ASX:VMY)for an all-scrip takeover worth $658 million that will increase the chances of developing Vimys world class Mulga Rock uranium mine in WA. For a complete list of my holdings, please see my Dividend Portfolio. Rick Rule was interviewed on Stockheads Latest V-Con on Uranium. In fact, theyre running the country on brown dirty coal and ironically imported uranium electricity from Poland and France. Now, such an approach was practical then, when there were only around five uranium juniors. What makes uranium, and not some other commodity or speculation, more compelling at this moment? The critical question is really the pace of Japanese restarts of their reactors. 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. The one caveat that I have is that while both Doug and I were early in the last market cycle, both of us stood ready to contribute capital to companies who didnt have the working capital internally to survive until the bull market came. And public participation when the price didnt have to rise anymore was incredible. His background is ideally suited to assisting you with your portfolio interests. It went down to 1c then all the way to ~$10 a share, creating fortunes in the process. It's free. 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. 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. Today, the total cost of producing a pound of uranium is between $55 and $60. "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. Now: $4.54. Stockhead is providing factual information where there is a reasonable likelihood of doubt. It's under the tab "Guide". again. The uranium market has been plagued by illiquidity, but with the advent of metal-backed funds, like the Sprott Physical Uranium Trust Fund (SRUUF), the problem of liquidity is alleviated, said Rick Rule, director of Sprott. Returning to the Daily Dive today is Rick Rule, the former President and CEO of Sprott US Holdings. Those who listened could have made a fortune. Video If you want more stock ideas, check out the best dividend stocks in Canada. We think that maybe 50 listings in the uranium space worldwide are unviable at $US100/lb, Rule says. A veritable treasure trove of intelligence, all at no cost. His research is intensive, and that is why he is a trusted Global resource in the industry. Rick is holding a symposium in Boca Raton, Florida, on July 26 to July 29, 2022. You can see a breakdown by market cap too as stock selection by market cap is also a skill. Rick Rule. Privacy Policy. Uranium Daily 2023. Please seek professional assistance for investing and take responsibility for your own financial decisions. How Big Banks and Bigger Government collude to skew the news and skewer the taxpayer. Tags: So when the deck was stacked in peoples favor, nobody cared. and our "From my own point of view the uranium price is up nicely and given that I am looking to add substantially to my uranium position I am delighted to see it lower in price." Which uranium stocks does Rick Rule like? So if you assume that a retail client is willing to spend five hours per month on uranium names, my only belief is that they should ration themselves to five positions. Rick Rule discusses the arbitrage between the biggest streaming companies and the largest base metals companies. 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. As a conclusion, the highest grades that Rick gave some of my holdings were:- Kazatomprom at 4- China General Nuclear (1164) at 4- Boss Resources at 4All the other got grades between 5 and 6. Registers a unique ID to keep statistics of what videos from YouTube the user has seen. At that point in time, when something had to happen, there were only five public companies and nobody cared. I'm uploading it now, because as I said I'm evil, and also because it takes time to edit, etc. Meanwhile, stocks are in a bubble. We dont spam! Nick Giambruno: Doug and Rick, thank you for your time. What did you see that others did not? Lunch Update The previous part was interesting and sort of controversial, as Rick told me he had trimmed some of his uranium positions. I loved it! GoviEx Uranium Inc. (OTCPK:GVXXF) 7 big deposit, political risk, needs cash . That really depends on your point of view. Fast-forwarding to today, in the 20 or 25 companies that either are or allege to be in the uranium business, there is still an unusually-high proportion of good management teams relative to numbers of listings, at least if you compare it to the rest of the mining sector. In other words, you consume more; demand goes up. Nick Giambruno: So, Rick, what similarities do you see in the market today that were present in the late 1990s? New members should take a look into the NEW INVESTORS STARTING POST. In the circumstance that were in in 2018, there are probably billions of speculative dollars controlled by people who participated either directly or vicariously in the last bull market, and I guarantee their memories are still fresh. Bad Junior Stocks & How to Avoid Mining Scams & Pitfalls. Rick Rule graded my uranium stocks. This increases the risk, and to mitigate it, Rick would like to see lower prices.In previous interviews, Rick has called NexGen a \"must own uranium stock\". The structure of the physical uranium market has been changed by SPUT, in Rick Rules view. Bonds are in a hyper-bubble. Nick Giambruno: It sounds like a contrarian investors dream. 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 . Last year Rule retired from executive and management roles at Sprott. He is also not yet buying, though. 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. Looking for dividend income, check out these sustainable dividend income stocks. Get the latest Stockhead news delivered free to yourinbox. 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. Please tell me about it. 00:00 important warning01:10 Are uranium stocks done crashing?06:25 Will the uranium equities outperform the spot price over the long term?11:30 Are the largest gains in uranium stocks still ahead of us or are they behind us?15:10 Are we in the 6th inning with uranium stocks?18:30 When does Rick Rule go all in?24:00 When will Rick Rule sell all of his uranium stocks?27:45 How does Rick Rule value uranium exploration stocks?35:00 Is Kazatomprom still the best risk-reward in uranium?39:00 Does sentiment in uranium matter to Rick?42:00 What matters most in uranium today?44:00 Is Rick still bullish on platinum?46:40 Is oversupply an issue for platinum?48:30 How would Rick Rule approach platinum investing?50:00 Which jurisdiction makes sense for platinum investing?52:00 Rick Rules holding a symposium. Rick Rule regularly provides stock market insights and stock picks on the Business News Network (BNN for short). What do you do to distinguish between them today? Holtec claims SMR-160 can repurpose any coal-fired plant How about we put together an explorers only project. Then you have the Greens that hate nuclear, when in fact they ought to love nuclear. 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. The value, though, of BRI has gone up dramatically. Which of those happens? Given [the world is] using 180 million pounds and producing 120 million pounds meaning that there is a 60 million pound per year shortfall its pretty simple to figure out that over the five-year time frame that the price of uranium needs to go through the incentive price of $US75. Ricks favorite platinum jurisdiction is Brazil. Sound familiar? 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. Market Close Update Top 500 YouTubers sorted by subscribers growth. Both of those circumstances are occurring simultaneously. The Germansidiotically quite franklyare trying to go to solar, which makes no sense in northern Europe where the skies are often cloudy. If the company you are investing in is pricing in a price of $200/lb for uranium, you might need an Elon Musk at the helm to get great returns. 7 Big deposit, political risk, needs cash in time rick rule uranium rankings when there only! Of the uranium bull market thematic should hold their nerve creating fortunes the. Consume more ; demand goes up as stock selection by market cap is also skill. Today, the spectre of inflation and very deep negative interest rates consume more ; demand goes.. Is providing factual information where there is a reasonable likelihood of doubt Rule, the of. Hate nuclear, when something had to happen, there were only five public companies and largest... 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