On March 23, I had the pleasure of talking about nuclear energy, investing in uranium, his 100% uranium portfolio, radiation safety and more, to John Geary, a radiation safety expert with over 38 years of experience in the field of nuclear energy.
John is now almost 100% invested in the uranium space, holding about 10-15 companies. He is 61 and hopes to retire soon, but is not exiting his uranium stocks at $60/lbs U308, as he thinks the price can go much higher. However, he might want to take some money off the table soon, as he entered very early and is already at a large profit. His top 3 uranium stocks are: Ur-Energy, Energy Fuels, and Encore Energy.
None of what you hear nor read on this website is intended to be financial advice. Do your own research. We may own shares in the companies mentioned in this video, which makes us biased. Don’t listen to us. Don’t let this impact your thinking. You’re better than listening to talking heads on a random website. Before continuing with this video, you must read and understand the full disclosure here: https://resourcetalks.com/disclosure/
00:00 Important disclaimer
01:25 Who is John Geary?
14:00 Why did John go all in on uranium at age 60?
22:00 How does John stay objective on uranium?
26:15 John went to Rick Rule’s uranium boot camp
28:00 John’s outlook & timeline on uranium
33:00 Is John looking to sell his uranium stocks?
36:30 What type of uranium stocks does John like focusing on?
40:35 How many uranium companies does John own?
47:00 How does uranium go from in the ground to nuclear fuel?
56:45 The most dangerous part of the fuel cycle
01:06:45 $1M loss per day on nuclear power plants, why?
01:10:00 Does the price of uranium matter for utilities?
01:16:00 Radiation in nuclear power plants
01:25:00 Closing thoughts