In this week’s Resource Heads, I was joined by John Ciampaglia, CEO of Sprott Asset Management, Joana Ponicka, an exploration geologist, and Chapman Scarborough, a CPA.
We talked about
– Why you shouldn’t watch these videos
– What the request from the US government for lawmakers to come up with $4.3B to support the domestic nuclear industry means for the uranium sector
– A few potential bear theses for uranium and why they’re not so bearish
– Which enrichment companies are worth looking into and why
– A big mistake that investors make when reading drill results and how to avoid it
Antonio Atanasov is not an investment advisor. Antonio Atanasov owns shares of companies mentioned in this publication. The information provided in this publication – and all other publications by Resource Talks – is impersonal in nature and meant for general information purposes only. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. Get numerous opinions before taking your own decision in the end. The minimum risk on any investment mentioned in this publication is 100% loss of capital.
Shortly: you will lose all of your money and possibly most of your brain cells if you listen to talking heads on the internet. 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. Reality often varies from people’s expectations. Managements like over-promising and under-delivering. If a manager was speaking in here, beware. Readers are encouraged to read the Cautionary Note on Forward-Looking Information and to consult the Company’s Annual Information Form, which is available on www.sedar.com. Reading the full disclaimer on the disclaimer page on this website is mandatory.
00:00 Important warning
00:10 Why you shouldn’t watch these videos
03:25 Why are the markets down?
10:00 What does the $4.3B proposal mean?
23:00 A potential new source of uranium supply
31:50 Which enrichment companies can profit?
36:50 Is Silex worth the look?
50:00 Why this is not bearish
01:00:00 Can uranium production grow quickly enough?
01:05:00 Is nuclear energy really that expensive?
01:12:30 A big mistake that investors make when reading drill results
01:27:00 Poetic closing thoughts
Was there something wrong with what the guests said? Did I fail to ask an important question? Did I make a mistake in my reporting? Please tell me about it. Criticism and skepticism are highly welcome and help me learn. Thank you.