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Kevin Bambrough Profile picture
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28 Sep, 4 tweets, 1 min read
When markets are tight and things go wrong (which they always do) it matters so much more. Copper squeeze metalbulletin.com/Article/400953…
Kennecott smelter accounts for around 1% of global copper production.
“As one of the largest copper producers in the United States, Rio Tinto Kennecott comprises approximately 11 percent of U.S. annual copper production.”
With ports, rails and ships all tight with backlogs this could be serious for the domestic copper price and availability in the USA. No idea how long repairs will take

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Kevin Bambrough Profile picture
29 Sep
To put in in perspective Japan was consuming around 22 mln lbs per annum prior to the abrupt plant shutdowns post Fukushima. If your not long #uranium in a major way in anticipation of them reversing course soon, your going to miss out on the investment of the decade
Germany I think will scramble to buy 9mln lbs a year when they wake the fuck up and realize they must deal with the power crisis and cannot shut off their nuclear reactors. In fact they must get busy building Gen IV reactors
The is in a world that already has the largest supply / demand deficit of any commodity. Investing in this #uranium market at these values is 100% only available because governments move slowly and are generally incompetent
Read 6 tweets
Kevin Bambrough Profile picture
28 Sep
Hopefully this is the start of a good news trend for this micro cap #copper producer with a huge exploration potential. Stock barely trades and a picture of my dog licking itself would get more likes than their tweets. Should move higher as they ramp up production end of q4
Finn prefers you read the Three Valley Copper presentation…
I own both of these copper plays as longer term holds. I’ll trade a few others and copx at times
Read 5 tweets
Kevin Bambrough Profile picture
28 Sep
Likely the relative strength today and also the larger ‘Butterfly Gartley’ pattern forming on the 2yr chart. While not perfect do in part to the huge volatility back in March 2020. It’s close enough
This pattern has made me more money over the years than any other TA. Not always the .786 often the .618. Works especially good to time adds in bull markets, at moving averages and with positive RSI divergences
Buying aggressively on the second leg down of a pull back in a bull market works extremely well because it is also a major shake out point for those that lack real conviction. It’s often a puke point for the fragile investor.
Read 5 tweets
Kevin Bambrough Profile picture
26 Sep
All over Europe there will be a rush to order new nuclear plants. We are just on the cusp a nuclear power revolution. The demand growth for #uranium will take all market pundits by surprise. thetimes.co.uk/article/energy…
The world needs to dramatically cut coal power output while trying to shift to electric vehicles. Power prices are going to continue to blow out and the public will vote with their wallets. We have zero choice in the matter and must ramp up nuclear power output, warp speed
The correction we’ve had in the #uranium space is a gift for new investors.

For those already in, we’ve learned a lot about the volatility and should be prepared for a lot more. We’ve seen how easily the #uranium price ramps up when SPUT $u.un is issuing shares at a premium
Read 10 tweets
Kevin Bambrough Profile picture
24 Sep
It’s amazing that gold can out perform the dow for the last 20 years by a large margin and get so little respect. I don’t think I’ve ever seen sentiment so poor as it is right now. Not even when it was sub $300 in the late 90’s.
I think the success off crypto is a major cause for its short term weakness. The crypto crowd likes shitting on 5000 years of history and mocking gold as as some relic. But they have no clue about it’s intrinsic value and the long term stability it provides.
Gold is my base currency and I measure all my investments against it. I’m nearly never in cash and use physical gold products vs cash in my brokerage accounts. This may be the age of crypto currencies and it’s nearly impossible to predict when a mania ends
Read 13 tweets
Kevin Bambrough Profile picture
23 Sep
The big resource macro tail wind that I’m hearing from industry guys is the lack of labour is surprising everyone. Everyone is struggling to attract and train mining industry people.

Was talking to a coal industry veteran today and it was very revealing
The record coal pricing in Australia is now moving around the globe. Port capacity is a huge issue everywhere along with rail, shipping etc. But, they industry is in shock how tough it is to try to hire and train people. Especially mining workers
Some of us aren’t so surprised that the industry has ‘lost a generation’. One comment that stuck with me is ‘we are competing with fedex’ for workers. Seems like the idea of tolling away in a 4-5ft coal seam aint as much fun as playing the video game ‘minecraft’
Read 9 tweets

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