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23 Sep, 7 tweets, 2 min read
#uranium. I’d encourage everyone to spend the first 15 mins to watch @brandon_munro give a fab update on what’s going on with the SPUT vehicle. Even for someone who watches the sector closely, I couldn’t help get more bullish with couple catalysts that one may have missed.Namely
1. URA Re inclusion of SPUT once it seasons would lead to serious torque for SPUT-leading to more uranium stacking- leading to better U miner perf
2. NYSE listing of SPUT next year
3. Possible new ETF launches in the sector
4. At current annualized inventory purchases- SPUT is absorbing 80% of annual prodn- and that is assuming all the prodn is going into the spot mkt- as we know most of that is delivered into contracts. So this pace if it continues will have off the map + ramifications to spot px
So yes we’ve had the LIFO Standard FOMO correction and possible it may go on for a while longer given the extent of the rally we’ve just had. But the # of positives at least to me means any attempt to trade in and out of this rally & possibly miss life changing gains would have
Serious ramifications to my ISLAND buying aspirations. LOL

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More from @contrarian8888

contrarian 8888 Profile picture
20 Sep
$XLE #uranium, $AGE. As markets seem to be bludgeoned by the sentiments of LEHMAN 2.0 (ie Evergrande) i thought it would be interesting to reflect on some facts for us energy bulls. By the way I’m generally agnostic on the SPY- its super expensive & its a crap shoot on the next
10-20% move but i do think that energy and uranium are headed higher in due course, post a normal shake out of the LIFO FOMO crowd.
$AGE had a conversation with Greg Hall (ceo) who said that on Wednesday there was barely any inventory in spot mkt for SPUT to buy. The mkt is much thinner than many believed which means there could be further gapping risks when SPUT returns to a premium to nav. This
Read 9 tweets
contrarian 8888 Profile picture
3 Sep
$PANR $PTHRF. A few weeks ago i had tweeted that I had increased my stake in $PDN (despite a low teen basis) at A$43c and added 66% to my $age position at 2.7c. Well the timing worked out but i can tell you by the # of likes/sentiment was pretty washed out. Investing is about
Probabilities and buying when something is hated- not when there is cheering. So where am i incrementally putting capital to work- Pantheon. Since i tweeted about the idea, the company has increased its reserve estimates materially, had an amazing webinar. Stock has been week
From some selling by a large holder that is non economic (credit fund selling their collateral to pay down the debt). This also plagued Pdn by the way and I recall the frustration on Twitter. During that time i increased my stake materially and now the stock is 10x that level.
Read 5 tweets
contrarian 8888 Profile picture
4 Aug
$PANR $PTHRF. Human nature is funny- on 7/16 pantheon went up intraday 20% on a big resource upgrade which over the subsequent 3 weeks has now been erased. So lets recap (1)we’ve found out that the resource is much larger (2) oil draws last 3 weeks have by and large been bigger
Than expected implying the bull case for oil even with the delta variant is stronger (look at Indian demand which has bounced right back- the epicenter of the delta). (3) much closer to the timing of another webinar to provide a lot of color on the resource and potentially more
News flow on other zones. Many of my picks like $AR went down 50% first before exploding up 20x (hence a 10 bagger). Conviction cant be rented and you have to do your own work but one recipe i know will turn bad is chasing strength and selling weakness and just churning the a/c.
Read 4 tweets
contrarian 8888 Profile picture
15 Jul
Few weeks ago I completed selling 90% of my $AR (& all my $oxy( & moved 1/2 to $btu (at sub $3 & $7.2) & the other to an unnamed energy stock.Ive been asked incessantly what the name of that security is.Before revealing it, I’d like to make some housekeeping items out of the way
As mentioned in my pinned tweet, nothing i say should be construed as investment advice. Do your own due diligence & seek a financial advisor if the investment is for you. Secondly, given the recent string of successes & the likely mean reversion in my track record, shorting
This name may be the better outcome. With that being said, although for long time followers, they may say i had mentioned this before, i never owned more than an extremely tiny allocation and post my $ar sales i have super sized it such that i allocated 2x what i allocated to
Read 25 tweets
contrarian 8888 Profile picture
20 May
$AGE Great update by @PrudentInvest1 In addition the market is forgetting about the massive potential in ARUP (alligator River Valley) which is home to the ranger mines (they have the 2nd biggest tenament) and Big lake- which is conducive to ISR mining. I dont normally traffic
In such small names but from speaking to Greg Hall who joined the company in ‘18, he has done a # of acquisitions, taking a sleepy company with a string of well thought out acquisitions. The
Mgmt team is 1st class with Peter McIntyre & John Main (substantial $AGE shareholders/directors) that took extract from 30c to $8.65 in the last cycle. Insider ownership at 23%, a hungry & extremely competent mgmt team- esp in a sub $100m mkt cap that would rival any of the bozo
Read 5 tweets
contrarian 8888 Profile picture
18 Mar
$pdn. I feel the naysayers on paladin never seem to give up. I recall a hit piece by @mikontwitti/@crux not that long ago in oct 2019 (stock was 9c & fell to 7.5c) which at the time a lot of folks on twitter thought was brilliant. (Tgt px 5c i believe) . I defended the stock
Then & along with @SachemCove & @SegraU3O8 we each took turns (we were all together at a Nuclear conf) & over beers each bought millions of shares of $PDN on the cheap- thank you Mikon (I’m blocked by him fyi). So now moving on to this analysis .
Ill make 3 points 1. The EV did not change due to this deal. 2. If you think that Uranium which has been under supplied for years and has a monster shortfall will just go to $55 well then go sell it. On yesterday’s panel Dustin Garrow/@FootnotesFirst talked about uranium going to
Read 10 tweets

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