Well, I’m long 1mm+ shares of $mno.v now

Chatted with @METhompson72 about the project in the summer and have been picking away ever since. I find I’m waking up in the morning with the latest drill results stuck in my mind and feeling the urge to get a bigger position.
Huge Brazilian land package with the last two rounds of drill results being some of the best holes I’ve seen in my entire life. The value / grades of the copper holes make it an excellent huge copper play with amazing economics regardless of the copper price
The value / gold grades over huge widths would make it an excellent stand alone gold mine as well. With both high grade gold and copper it simply blows my mind and I find it surfacing in my dreams. This is a $5/sh company in the making even if the gold and copper price stays flat
If not for my love of my uranium holdings and the explosive track we are on in that sector I would be bigger in mno.v. #copper #gold #miningdreams
I funded today’s purchase with Gdxj sales. Think mno.v will blow away the etf
Makes me drool… $5/sh flat metal prices. $10-20/sh if the copper/gold bull runs its course the way I think it will.
Added big time again today. This is my next conviction bet 10x in 10 year quality. But I think it’s 10x in 2 years and 20x+ in 3-5 years

I’m happy to support the drill program and I don’t need a big retail shareholder discount, a fat commission and/or some 5 year full warrants
I actually think $5-8/sh with flat metal prices.
As a contrarian by nature. I enjoy being 80 percent of the daily volume when I find something I love :)

If you are reading this and you’re a young geologist have a good look at the mno.v presentation and last to rounds of drilling and tell us all what you think…
I tell you want I see… a world class copper gold deposit with incredible economics being drilled up over the next 3-4 years and being sold at 20-25x to a major.
Old time investors I know like to be secretive and buy all they can before telling people. I don’t mind announcing when I take my first big bite. Cause people much smarter than I reach out to me and help my shape my view and conviction. I’m an amateur Geo at best
I love bringing attention to stocks like mno.v that are under followed. When I chat with solid geos after buying some yesterday I get a better picture of the risk to reward. If my trusted Geo friends don’t like it then I certainly don’t buy more.
But when they are excited we both buy more and FYI. I don’t mind letting someone I ask to look at a stock with me have their fill before I go back to the trough.
One thing I believe most is I trust people more that have skin in the game. If I show something to a smart Geo and he wants to buy then I get super excited. The relationship works well cause they are happy to get into a stock at a good price with incoming support
Much better results than hiring some Geo to give you their opinion. And over the years I’ve found most geos to be very conservative and I don’t get much value out of a ‘it looks good. Definitely could grow and be a big deposit’. Then I ask ‘what’s the odds’. Them ‘hard to say’
Most of them hate being pinned down and giving any sorts of odds. But the best ones tell your want they think by buying some :)

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More from @BambroughKevin

16 Sep
“Gitzel said approximately 1000 people were affected by the shutdown.
He explained that once satisfactory purchase contracts are in place for McArthur River uranium, it may take one-year to 18-months to restart production.” mbcradio.com/2020/12/no-imm…
I ain’t afraid of the Mcarthur River restart as far as uranium price goes for the next 2 years.

You can bet when Cameco laid off 1000 people 4-5 years ago they would have kept the best and offered older employees early retirement
Point being it will be more difficult than the market thinks to hire 1000 work in a market where skilled mining labour is hard to come by globally. Hire and train then commission. It’s also not a ‘simple’ mining project
Read 13 tweets
16 Sep
Everyone should consider this tweet and what horse shit this is from $cco $ccj is stuck in a bear market mindset and once again missed the turn to the bull market.
My prediction is that $cco $ccj is going to have to burn huge sums buying spot to feed contracts they must deliver into. They will end up rushing the restart of Mcarthur River out of desperation and dig themselves out of a contracting hole by offering utilities longer term deals
This happens all the time at in bull markets companies extend poor contracts and just make things worse. End up giving up huge profits.

I prefer investing in companies that are lead by execs that have the vision to see that the market has changed from bear to bull
Read 8 tweets
15 Sep
Hello Fuel Buyers, are you starting to understand what’s gonna happen in the coming months?

When spot Uranium jumps $3.50 to $49/lb it actually attracts more money to the sector. More money in $urnm and more money to $u.un
The investment community looking for ‘squeeze plays’ doesn’t get sticker shock, they get excited. The $3.50 jump is just confirmation that people like me will be proven correct and the price will run and break the all time highs. $180/lb inflation adjusted
The $3.50/lb price jump is confirmation that the financial community has the utilities caught in a squeeze.

Would be sellers of uranium will continue to lift offers and fear selling in this environment.
Read 6 tweets
15 Sep
As I see $pdn crossing $1 and being added to the ASX 300 feel a great sense of accomplishment cause this time I nailed the bull market in Uranium on my own. I don’t have to argue with co-workers about who made the uranium call this cycle as people try to take credit for my work
Also the gains are mine, I don’t have to stress for months and wait for ‘the big guy’ to get around to calling me into his office to ‘have the bonus talk’. I don’t have to plead my case and wait for others to decide what bonus I deserve for making the clients money
I don’t have to make my rounds and have one on ones with a bunch of partners in the firm and argue with them to try to get my fair share of the fees I generated. So much bullshit I’m so glad to not have to deal with anymore. :)
Read 5 tweets
14 Sep
This is a very constructive day as after the big 2 up days we had sput is doing volume at a healthy premium. Given its drop and premium shrink my bet is many took profits in the morning on mining stocks
But the resilience is a sign of strong new buyers. The diamond hands are coming in and taking stock away from longer term holders that have made incredible gains already. Can’t blame some for taking what’s already been life changing gains.
But it’s the action like that that shakes out the original bull riders. The patterns change and we are now in that more steep wide mouth column and it’s time to consider the use of semi log charts to look for new extremes to be hit
Read 9 tweets
13 Sep
Fuel buyers / utilities. I know your getting angry and emotional but you brought this on yourselves. You can sit on your hands and tell each other that you’re gonna wait this #uranium spike out and refuse to buy but your just gonna look even more stupid the longer you wait.
You guys bankrupted the #uranium mining industry to chose to not contract at fair prices and secure your future needs.

Now you are angry cause you didn’t see this coming and your fragile egos are preventing you from admitting your were wrong.
You guys are on the wrong side of what the financial world is a suicide short. We know you will pay up and must buy uranium. We are prepared to buy hold and wait as long as it takes for you to crack. There’s a date on each of your calendars when we know you will have no choice
Read 10 tweets

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