I am starting a new Uranium thread for a possible new bull market and I think it warrants its own thread. Will add some content soon.
If you are new to the Uranium market then in brief the new breakout in spot pricing has been due to Sprotts starting the Physical Uranium Trust (SPUT) symbol (U.U) and buying large chunks of physical Uranium. In total to date Sprotts has purchased a couple of million physical pounds. Those who don't know who Sprotts is? its a global investment manager that specializes in precious metals.
Sprottts has also received a funding model through the setup of an ATM which is a constant money supply when prices hit premiums. The reason this is a big deal is that it enters into the market a new constant buyer in a very thin illiquid market.
A couple of good accounts to follow on twitter are;
- John Quakes
- Uranium insider
Best way to invest in Uranium
- Conservative ETF or U.U https://www.sprott.com/investment-st...funds/uranium/
- Higher Risk - Uranium companies.
I have been invested in Uranium for over 2 years now so have got a lot of the bottom. New investors will need to look at the ways they enter but if we are just beginning a new bull market then there most likely is a lot more to come.
I have already bagged over 10 times on my current Uranium port but Uranium could be producing another 10 - 30 bagger in the future.
Anyone New to the mining sector should watch this
Some Equitys broken down into, Producers, Developers and Explorers.
If you are new to the Uranium market then in brief the new breakout in spot pricing has been due to Sprotts starting the Physical Uranium Trust (SPUT) symbol (U.U) and buying large chunks of physical Uranium. In total to date Sprotts has purchased a couple of million physical pounds. Those who don't know who Sprotts is? its a global investment manager that specializes in precious metals.
Sprottts has also received a funding model through the setup of an ATM which is a constant money supply when prices hit premiums. The reason this is a big deal is that it enters into the market a new constant buyer in a very thin illiquid market.
A couple of good accounts to follow on twitter are;
- John Quakes
- Uranium insider
Best way to invest in Uranium
- Conservative ETF or U.U https://www.sprott.com/investment-st...funds/uranium/
- Higher Risk - Uranium companies.
I have been invested in Uranium for over 2 years now so have got a lot of the bottom. New investors will need to look at the ways they enter but if we are just beginning a new bull market then there most likely is a lot more to come.
I have already bagged over 10 times on my current Uranium port but Uranium could be producing another 10 - 30 bagger in the future.
Anyone New to the mining sector should watch this
Inserted Video
Some Equitys broken down into, Producers, Developers and Explorers.
Attached Image(s) (click to enlarge)
Once this bull really takes off I imagine we should get some crowd on here. It's refreshing to know it's not on too many people's radars at the moment.