We think that maybe 50 listings in the uranium space worldwide are unviable at $US100/lb, Rule says. 853 Opinions Unlock Rating. Managements like over-promising and under-delivering. Why Rick Rule Is the Uranium expert. That really depends on your point of view. Yes, I'm just now publishing this second part because I'm an evil YouTuber who's after the ad money. So Im paying more attention to Japanese restarts. Canadian Stock Coverage: 100.00%. 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. 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. So very quickly you sterilize, from the markets perspective, the overhang. For instance, indeed the comment for Paladin Energy isn't up to date anymore! The stock market continues to hit new record highs. Unsubscribe whenever your want. Its going to happen again. I.e John Borshoff have said multiple times that Deep Yellow will sit on their hands until spot reaches at least $60. in the last 30 days. You can see the top picks from Rick Rule below. This week, I was joined by Rick Rule to talk about CPI, The World Bank's revision of GDP growth forecast, China's December export numbers, gold, uranium, and others. Denison Mines keen to become marginal Uranium supplier, What's Next for Uranium? "An easier investment themewould be copper. In fact, people hated uranium. Subscribe for a weekly newsletter in which different experts cover uranium, silver, gold, and graphene news & charts, in addition to giving updates on individual companies in those sectors. Check your email for magic link to sign-in. 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. Your email address will not be published. So he simply bought every US stock that was selling for less than $1. Performance details for the top picks by Rick Rule. The precious metals bull market will continue, given quantitative easing, government debt and deficits, and particularly negative real interest rates. They didn't put forward any women, but she knew there had to be some who were more than qualified for the job. Get numerous opinions before taking your own decision in the end. Anyone who acted on that information probably made life-changing wealth. 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. In short, Rick is taking a long view on a resource that could help solve what will soon be a global energy crisis. At the end of the last uranium bear market, Doug Casey was, as far as I know, the first to alert investors to this enormous opportunity. Nick Giambruno: That leads me to my question for you, Rick. Boss flagged the final investment decision in March with a $125 million share placement which, along with a strategic uranium stockpile of 1.25Mlb worth an estimated US$59.38m, should help fund it into production. Rick Rule is a legendary natural resource investor specializing in mining, energy, water utilities, forest products, and agriculture, and he has originated and participated in hundreds of debt and equity transactions with private, pre-public, and public companies. Hopefully he starts disclosing some of his positions in a month or so. It's hard learning from your real portfolio because of the biased that real money gives you. Rick is holding a symposium in Boca Raton, Florida, on July 26 to July 29, 2022. I find Rick Rule's ratings to be honest, since they corollate with my own appraisal of the companies' balance sheets. 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. 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. Now: $26.82. Free yourself from absolute dependence on any one country. Pic: Rule Investment Media/ Getty Images, Stockhead. His suspicion is that margin calls have also added to the recent pain in uranium stocks. 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. Also discussed is Rick's current view on uranium (5:59 . He was right, of course, and it was the start of his fortune. Rick Rule and I talked about what's happening with uranium, and the uranium stocks, how he picks exploration companies, which his favorite uranium stock is, and we discussed Rick's stance on platinum investing in 2022. Those are the only two choices. So, Doug, why is uranium so volatile, and of course, how do we take advantage of that? The minimum risk on any investment mentioned in this publication is 100% loss of capital. Today, the total cost of producing a pound of uranium is between $55 and $60. Readers are encouraged to read the Cautionary Note on Forward-Looking Information and to consult the Companys Annual Information Form, which is available onwww.sedar.com. Some veterans of the last bull market were waiting for uranium companies to fall to real liquidation levels in 2020 and 2021. You buying results in them making money. Antonio Atanasov owns shares of companies mentioned in this publication. 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.. In October 2016, Borshoff joined then-$10m market cap uranium explorerDYLas managing director and chief exec. 2. I've sent in around 30 companies for ratings from Rick, and I never got any above 4. {{data.symbol | reutersRICLabelFormat:group.RICS}}, {{ stock | formatPrefix }}{{ stock.netChng | formatNetChange }}. Managements like over-promising and under-delivering. To both. Mr. Pattanaik is an employee at Sprott Inc. and was a Geoscientist with Royal Dutch Shell before joining my team at Sprott. Rick Rule talks with Maggie Lake on the My Life in 4 Trades Podcast about his incredible natural resources trading career. Stockhead is providing factual information where there is a reasonable likelihood of doubt. Some of the companies mentioned in this video and/or publication are paying customers of Resource Talks. Or a neon display of its logo? The gold market will likely be over when these factors begin to reverse. John Ciampaglia, CEO of Sprott Asset Management, and Per Jander of WMC Energy participate in Uranium Conference 5.0, and share their thoughts on the current market environment. More specifically, Core Assets and FireFox are paying customers. Nick Giambruno: Doug, you have an interesting saying that when the wind blows even a turkey can fly.. Market Close Update The price of uranium has to go up, but we dont know when. The grades are one through ten, with one being best. investments, Rick Rule Talks About His Favorite Uranium Companies and His Outlook on Uranium, Uranium Contracting Speeds Up | Resource Heads Ep. Nick Giambruno: It sounds like a contrarian investors dream. 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. Today, the total cost of producing a pound of uranium is between $55 and $60. All Rights Reserved. For the past 45 years, Rick Rule has been investing and speculating in the natural resource industry. 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. Copyright 2010 - 2023 by Dividend Earner. . Dividend Earner would like to remind you that the data contained in this website is not necessarily real-time nor accurate. which was Paladin Uranium. Kayelekera is a proven uranium operation having successfully produced 11Mlb over five years, ceasing operations in 2014 due to sustained low uranium prices. I had the chance of speaking with Rick Rule on May 9, 2022. Accomplish four key diversification goals all at once. 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. Success! Rick Rule graded my uranium stocks. 12 Top Stock Picks for 2020 from Mining Experts. So when the deck was stacked in peoples favor, nobody cared. 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. They actively hated it, which is how I knew that I was pretty lonely in this thesis and therefore likely would be rewarded if I were right. Hopefully we see those same gains in the OTC shares today. And plenty will flow into uranium, which isnt a micro-cap or even a nano-cap market. I interpret it as companies which should perform better late in the bull cycle. I'll just sh. The limiting factor, however, is that I ask individual retail investors to limit the number of companies in their portfolio to the number of hours per month they are willing to spend on research and knowledge maintenance. Thats an unbelievable number, quite frankly. They lose $25 a pound and do it 100 million times a year. 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. 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. Sound familiar? We dont spam! Last month, the uranium spot price hit an11-year high of US$65/pound the magic number often touted by uranium players that would push them to get into production before plunging back below $US50/lb. Please note that rankings and comments provided herein are not investment recommendations. Thank you. He is also not yet buying, though. Please tell me about it. Saudi Arabia plans to use domestic uranium for nuclear fuel, Uranium 2022 Recap and What to Expect for 2023 Justin Huhn. 80783-80808 (out of 133119) Get breaking news, analyses and insights on world affairs and politics, along with multimedia, at IBTimes.com. Bonds are in a hyper-bubble. It's worth mentioning that most of these grades are thus low because of their prices. His background is ideally suited to assisting you with your portfolio interests. You cant even store enough liquefied natural gas. We look forward to assisting you with your resource portfolio. Which of those happens? | Resource Heads Ep. As you restart the Japanese nuclear fleet, first of all, you burn more and more uranium. Volatility in equity markets in 2023 and recessionary uncertainty will push investors to gold, according to the chief executive officer of McAlvany Financial Companies. This bearish macro picture masks an ongoing bull market in both precious metals, and industrial materials. Please understand that these are company rankings, rather than investment recommendations. And the timing was pretty good. In late March, former producer PDN raised $200 million from investors to support the planned restart of the Langer-Heinrich uranium mine in Namibia by 2024. The critical question is really the pace of Japanese restarts of their reactors. Its important to note that Japan has had a policy of energy security since the Arab oil embargo in the early 1970s. Rick Rule: "Certainly a select group, and UEC is one of that select group, will do very well. He believes that to be very bullish over the long term and remains invested in uranium stocks, although he alleged to already have taken some profits in an effort to de-risk his position. "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? These rankings are numerical, 1-10, with 1 being best. Your email address will not be published. A veritable treasure trove of intelligence, all at no cost. Equinox Gold (EQX TSX) Then: $7.58. 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. Required fields are marked *. Year-to-date uranium bellwether . Criticism and skepticism are highly welcome. The president and CEO of Rule Investment Media and the chair of Equinox Gold joins Harry Melandri to talk about why he's turning his focus to uranium. If you want more stock ideas, check out the best dividend stocks in Canada. Performance details for the top picks by Rick Rule.

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