Another thing to consider about the #uranium gobbling that’s about to happen when Uranium Participation Corp dual lists (TSX and adding NYSE) is that not only is the US market 13 times bigger than the Canadian market but the US Market is double what it was last cycle ($30t now)
So last cycle upc grew with its launch and its post ipo stock issuance to consume over ~25mm lbs equivalent of #uranium

Fuel buyers, miners, those in the market buying today like CCO need to ask themselves how much will it consume now?
Once listed on the NYSE it will be accessible to a market more than 25 times larger than last cycle and now with Robinhood traders that irrationally enjoy squeezing single stocks like $gme to $20b plus.
Just look at the point I’ve marked on the chart above. That first ramp up from the low $20/lb to the $30/lb (50percent) came just during the IPO prospectus filing and the launch. Inflation adjusted we are in a similar place today at $30/lb and I think it’s reasonable to think
That we may well see a sharp 50% move in the uranium price in the next month or two to $45/lb as traders and miners scramble to buy up available lbs knowing the nyse launch of #uranium participation corp is coming and you will soon be able to sell it all the lbs you buy today.
Plus barely anyone can mine lbs sub $45/lb so what have you got to lose? The spot market will be gobbled up and fed to UPC! And the momentum will continue like in 2005-2007 when the price went up 7 times. This time it’s gonna go from $30/lb to $200/lb. and ya know why?
Simply cause people that think like me believe it will. Just like all these whack jobs that play bitcoins and the like. Belief and greed. The price action and obvious thinnest of the market will just fuel the fire. Money will flow not just to #uranium but to the uranium stocks
Some will take profits like I do on a given uranium stock that spikes out of control. But we will roll it into the uranium etfs. And so much fucking money will mindlessly pour into those etfs. No one even looking at underlying fundementals or giving a shit about the stock values
Those uranium etfs will swell and keep allocating 5-10 percent to $ and it will swell and gobble gobble gobble (thats for you John) all the uranium up!

It’s gonna squeeze and squeeze some more. Everyone will know who’s in control now. The investors...
Not the fuel buyers, not the governments, not the miners. The investing #uranium investing community is gonna take complete control of the spot market and demand $200/lb. It will take it there and hold it near there and say to the industry...
If you want uranium you must pay $150-200/lb for a few years cause we are going to gobble up and hold all marginal lbs and make you pay that. We can and will make them pay that and there’s is zero they can do about it until supply rises enough...
The financial community of #uranium investors will just keep growing in the next two years and I believe as a collective will utilize Uranium Participation Corp to set prices and keep discipline in the market. It could be 5 years or more before supplies rise change the dynamic
I also imagine that Uranium Participation Corp will be renamed to “Sprott Physical Uranium Trust”. So, it’s also immediately on the radar of all the owners of both its Gold and Silver trusts. Phys $4.6b Pslv $3.6b
That’s $8b of physical metal investors that will now have eyeballs on a $600mm capped #uranium etf. Plus all the silver nuts are all over the squeezing talk. Begging for it. Desperate to fight the ‘manipulation’ etc. I think they will flock to #uranium
Remember Sprott will be doing the marketing for this giant physical #uranium etf now. They have all those gold and silver etf owners and watchers signed up on their distribution list. Rick Rule undoubtedly is it will shortly become a very large owner of many uranium stocks
All those silver and gold bugs on the distribution lists are gonna be hearing about the squeeze that’s coming in uranium and you can bet 100% many of them will want to join the part and no miss out. It’s truly going to be a wild spectacle to watch and even better to participate
The dinner bell has been rung. Gobble the uranium stocks now and tell your friends (they might still not listen, but they will come running when they see spot jumping $2-3 dollars a day soon. The valuations will become so compelling. Stocks like $pdn will be cash flow machines
Either the stocks ramp up quickly or ‘value investors’ will begin entering the space

Happy trading :) enjoy your day!
Just to harp a bit more and make some drool. Not just 25x bigger but this cycle it’s gonna be ATM issuing and buying uranium. Last cycle was very dependent on institutional investors and UPC possessing a premium larger than 5 percent. It’s just so much more bullish now
The pressure that will be applied to the physical uranium market should not be underestimated but it is being underestimated by 99.999 percent of people today. Very few understand what’s about to happen to the spot market
Remember UPC has only SOLD lbs of uranium this cycle. The North America market has been begging it to issue giving it a premium or more than 12 percent at times and the market is 25x bigger than last cycle. Connect the dots buy #uranium stocks aggressively

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More from @BambroughKevin

29 Apr
Seeing as I believe the #uranium price is gonna rip shortly. I want some torque. Along with having some micro cap like $vui.v I decided to buy some $ I hadn’t looked at it much at all this cycle but was put onto it by my old buddy Matt!
$mga is an interesting little #uranium play / company as they own close to ~$90mln with of $NXE but thier market cap is only ~$70mln they have some other small investments but several interesting deposits that in all honesty I haven’t done much work on yet.
But both its cap and share price are small and it’s just nuts to see a uranium junior trading below the value of their investment in another quality senior uranium company that I also own and like.
Read 4 tweets
28 Apr
So, here is my thoughts on why today’s news of Sprott taking over management of Uranium Participation Corp will light this market on fire and ultimately help drive the price of #uranium much higher and faster than most realize.
As a bit of history, I’m the guy who actually conceived of uranium participation corp back in the mid 2000’s (over a sushi lunch) in the year leading up to that lunch I had aggressively pitched Eric Sprott on going big in uranium stocks and predicted a move from $11/lb to $140/lb
I had got the $140/lb simply as the inflation adjusted price from the 70’s uranium bull market and over that year we had bought 20% of most uranium juniors and a decent chunk of Cameco. We also invested in a few privates and helped some shell companies acquire uranium assets
Read 44 tweets
27 Apr
Today $SRHI completed its move to the TSX.V and I thought I’d share some exploration and production thoughts I’ve had as I’ve gone through the technical reports and discussed the asset with my mining contacts and why I think it’s the cheapest #copper producer and explorer around
From the technical report there is in excess of 100 occurances appear similar on their land holdings #copper #exploration #10bagger
Vale was responsible for nearly all the historical drilling and it as totally concentrated on the two deposits that were quickly discovered in the very early days of Vale’s exploration of Tres Valles. #copper #buymore
Read 38 tweets
26 Apr
Gonna be some serious FOMO in #copper as it seems certain to take out it’s all time high. These stories I’m reading about no smelter margins and tightness in concentrate leads me to think the ATH in copper will be taken out in short order. Days or weeks at most
I’m in pretty deep but fomo added to some more this morning myself.

I just keep thinking there is obviously a fundamental change occurring in the #copper market here. The EV transformational demand coming through and this is pre the infrastructure bill.
I think copper will be $8-10/lb in couple years. Will take a serious spike as well as the belief that it’s gonna stay high to curtail enough demand. I’m with @METhompson72 that demand will have to killed to with high prices to balance the copper market
Read 7 tweets
25 Apr
Wonder when we will break the all time #copper high? Getting close Image
We could easily have a break out to the all time high for #copper would love to see some follow through and this chart shows great potential for a quick squeeze to $5/lb Image
Here’s my favourite little unknown #copper play. Tiny cap, already producing, assuming its new low cost block caving underground mine comes on as planned and the copper price holds at $4/lb or the cheapest copper stock around. Cup and handle target -> $1.20-$1.30/sh Image
Read 6 tweets
24 Apr
I see so much complaining about taxes. Here’s a little rant to share my thoughts for those who care. Let’s look taxes in a decision tree.

Governments could in theory simply fund their expenditures with the printing press (and practically speaking they do in large part)
So what would likely happen if there was no taxes and all government expenses were funded via new money creation. Well, it seems to be universal acceptances that spending and inflation would get out of control.
It stands to reason that the lowest income earners will be the most hurt as it’s very difficult to push through wage increases to keep up with inflation.

Also prudent savers would struggle to protect their savings and keep pace with the rising cost of living.
Read 43 tweets

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