$pdn would be getting a lot more recommendations from financiers if they needed financing. But they have already historically spent equivalent of $1bln on infrastructure
That’s more than there current market cap so you get the massive resources for free. They are will be easily able to debt finance their way to resuming production when the market is willing to pay up
Don’t sit around waiting for the brokerage/finance community to come around an recommend $pdn. There’s little business for them so they will just continue to buy shares personally.
One thing I’ve learned during my days in the industry. Don’t trust the bankers. They only recommend those that they are cultivating relationships with and hope to earn future commissions from
There favourite companies are those that need the most capital raising and also have an easy story to sell. $pdn is the best play out there by far if you think the #uranium prices is going up
They don’t need to dilute. They have huge historical production and know costs. They aren’t sole hype story with empty promises. But they are one of the lower cost juniors and they have both huge resources and infrastructure valued greater than their current cap

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More from @BambroughKevin

24 Feb
The Uranium mining sector has been completely starved of funding for a decade. Major mines are shutting down not just because of low prices but many have reached their end of life.

They days of looking at the lowest cost producers as price setters are over
If you a conservative analyst that is setting uranium price targets of $45 or $50 (Some ridiculously are using $35) you are out of your fucking mind and are going to be made to look very foolish in the next year and a half
You don’t just fire up a new uranium mine over night. In fact uranium mines are some of the most difficult mines to permit in the world.

10 year bear markets in any commodity don’t end with a 50 percent price rise.
Read 6 tweets
5 Feb
Today’s gold and silver action looked like a classic case of smack the metals and buy the stocks.

A nice divergence that showed stock purchasing strength in the face of a metal price decline.

In the past we see a rally follow such action. #gold #silver
Also, to comment on the action with the silver etfs and coin dealers. There has undoubtedly been a large draw down in inventories.

The etfs have expanded and coin dealer inventories drained. Both of these entities have purchased silver in the option market to offset sales
Historically when the major metals etfs experience a large capital influx, issue new shares and purchase metal, their is a lag effect in the spot market
Read 17 tweets
3 Feb
I’m curious if the @stoolpresidente still thinks it’s criminal to try to stop the average uneducated investor from ruining themselves by buying a stock that is obviously squeezing and is over valued by 50x or probably 100x.
Just because you’ve made a bunch of money promoting your sports gambling app doesn’t mean you know fuck all about stock markets and the history of squeezes, or pump and dumps
Sure perhaps the wsb crowd wasn’t putting out false information and saying GameStop was worth more than $10/Share. But, many on that forum where lying through their teeth.
Read 11 tweets
29 Jan
GM and Ford announcing they will be all electric vehicles by 2035 hasn’t even been remotely digested by the mining world.

This is going to require doubling the electrical grid #uranium
Nuclear power will have to double just to keep its share. But what about coal? We really gonna double it or are we going to deal with climate change and coal related pollution?
In my opinion we should be working towards a tripling of nuclear output at minimum. Really we need to 5x global out put to even have a chance of fighting climate change while moving to EV’s
Read 10 tweets

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