So the industry makes the stuff for lets say $50, to make the math simple, and they sell it for $25, to make the math simple. If the company you are investing in is pricing in a price of $200/lb for uranium, you might need an Elon Musk at the helm to get great returns. Hopefully we see those same gains in the OTC shares today. GoviEx Uranium Inc. (OTCPK:GVXXF) 7 big deposit, political risk, needs cash . The first comment is that everybody wants to be a contrarian when its popular, which is sort of a hard thing to do. Rick Rule, president and CEO of Rule Investment Media LLC, discusses his player picks: NAC Kazatomprom JSC, Sandstorm Gold, and Endeavour Mining PLC. Your email address will not be published. A veritable treasure trove of intelligence, all at no cost. Distortions of markets, distortions of culture. He believes that to be very bullish over the long term and remains invested in uranium stocks, although he alleged to already have taken some profits in an effort to de-risk his position. The value, though, of BRI has gone up dramatically. Now, Mr. Rule thinks the uranium market has returned to sanity, while the fundamentals of the uranium market have only improved since. He gave me a very interesting example of a time when he went all-in on an investment. Going into the last bull market in uranium, there were 5 uranium juniors that had survived a 20-year bear market. Performance details for the top picks by Rick Rule. MINING IN ONTARIO. Thats what my friend Rick Rule, CEO of Sprott US Holdings, once told me of his experience in the uranium market. . Interesting as always when I see how they rank! My "chart defined" review of Rick Rule's Uranium Miner rankings. You know rising price expectations usually support a narrative, and so thats why people try to be contrarian when its popular. When Marissa McNeelands was hiring a senior artificial intelligence product manager last year, she asked recruiters to suggest an equal number of male and female candidates. Your email address will not be published. I've given out less than a dozen "one" rankings in three decades of analyzing resource stocks. Most of his positions are already de-risked. Dividend Earner would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Both comments and rankings are snapshots in time subject to rapid and unannounced change based on news or market conditions. Did I fail to ask an important question? Shortly: you will lose all of your money and possibly most of your brain cells if you listen to talking heads on the internet. Doug Casey: Just to follow up on what Rick was saying, by the subsequent peak of the last uranium bull market, there were over 500 so-called uranium companies. In fact, theyre running the country on brown dirty coal and ironically imported uranium electricity from Poland and France. Rule spoke to Kitco on Tuesday. Why? Now: $4.54. Now: $26.82. The information on this website is provided for educational purposes only. Which of those happens? There are five factors (Federal liabilities, credit risks, money printing, negative interest rates, dollar confidence) that cause Mr. Rule to believe that we are in a new gold bull market. Bad Junior Stocks & How to Avoid Mining Scams & Pitfalls. On previous BNN appearances, I had stressed my preference on a risk-weighted basis for very large extractive industry companies. Arthur Richards "Rick" Rule IV has over 43 years of experience in natural resource investing. Success! URNM, URA, DNN, UEC, LEU, AMLI Copper price rallying could be a sign of another wave of Press J to jump to the feed. There is not a shred of historical evidence that the US economy needs a 2.00% inflation guardrail to thrive, or any fixed rate of inflation at all. Is it Time to go All-in on Uranium Stocks? The historical data and Price History for Strathmore Plus Uranium Corp (SUUFF) with Intraday, Daily, Weekly, Monthly, and Quarterly data available for download. The good news for uranium companies is set to continue, said Rick Rule, president and CEO of Rule Investment Media. . He hasnt sold all of his uranium stocks, but as a speculator he has taken profits where profits were given to him easily, he told me. All Rights Reserved. In general, the market declines have made higher-quality companies more attractive than most small-caps, although very soft markets can generate some extraordinary small-cap values. Either that, or the lights go out. . However rapid price declines in the juniors have made them relatively attractive, particularly for accredited investors who can take advantage of increasingly attractive private placement financing terms. After Fukushima, the Japanese practically closed down their entire nuclear industry. Stockhead is providing factual information where there is a reasonable likelihood of doubt. Ownership of Top Picks: 100.00%. Resource markets continue to be very soft, providing opportunities for value-oriented resource investors and speculators. I watched the Wall Street Silver YouTube interview with RR. Mr. Pattanaik is an employee at Sprott Inc. and was a Geoscientist with Royal Dutch Shell before joining my team at Sprott. Canadian investors should continue wayoverweight in the high-quality Canadian oil and gas sector. 00:00 Important warning01:00 Rick Rules symposium sentiment indicator07:30 The past, current, and future of uranium11:00 Is it time to go all in on uranium?13:00 Is uranium the only thing Rick has bought?16:10 How would Rick invest his money if he wasnt rich?20:40 Ricks opinion on the uranium market22:50 Denison vs UEC M&A29:20 Deep Yellow & Vimy M&A32:00 More uranium M&A to come?36:30 Rick Rule ranks a few uranium stocks51:00 African uranium companies57:00 Australian uranium companies57:30 More Rick Rule rankings. Nick Giambruno: Those are some great examples of how the uranium market is so violently cyclicalnot just in terms of the financial aspect but also the emotional aspect. With all the volatility we have seen in the past 3 years, BRI's home exchange is down 70%, while BRI during the same period has seen a decline of 33%. Ruby Design Company. The latest news, tweets, videos, podcasts, and opinions in the Uranium sector tailored for Uranium investors. The stock market continues to hit new record highs. Rick Rule: Well, I don't think you forgot to ask much, Maurice. The comments Rick gives on the companies, however, are valuable and can be used as starting points of a research. JMM INC, Resource Talks. Cookie Notice BRI since its first day of trading in 2011 has added several gold projects, acquired another gold company, and now has 4 million ounces of . Privacy Policy. Especially if they have orange hair and no experience (me).Readers are cautioned that this presentation likely contains forward-looking statements about expected future events and the financial and operating performance of any companies potentially discussed herein. Rating Card. Id also point out that volatility and risk are two different things, which are often confused. Rick Rule's Past Picks. I had the chance of speaking with Rick Rule on May 9, 2022. Uranium Daily 2023. The Trust was launched in the . In October 2016, Borshoff joined then-$10m market cap uranium explorerDYLas managing director and chief exec. Check your inbox or spam folder to confirm your subscription. Market Close Update This field is for validation purposes and should be left unchanged. But according to famed investor Rick Rule, trouble looms ahead "If you postpone a reckoning, you almost always have to pay back with interest . That is in the speculators memoryat least the rich speculators memorythe last bull market in uranium is still strong. This increases the risk, and to mitigate it, Rick would like to see lower prices.In previous interviews, Rick has called NexGen a \"must own uranium stock\". Nick Giambruno: That leads me to my question for you, Rick. In early June BOE formally announced plans to rebuild the Honeymoon uranium mine in South Australia. Please understand that these are company rankings, rather than investment recommendations. In Germany, which Doug referred to, although theyve shut down their nuclear power plants, theyve attempted to replace it with solar, which is kind of funny because the sun doesnt shine there. Criticism and skepticism are highly welcome. Rick is presenting at the Rule Symposium Natural Resource Investing conference Jul 26-29 Boca Raton, Florida. Not being able to decide among them, you decided to buy them all. Rick Rule, Frank Holmes, Brent Cook and Peter Spina shared their top stock picks at this year's Vancouver Resource Investment Conference. Im talking about all commodities. | Resource Heads Ep. Antonio Atanasov is not an investment advisor. Rick Rule being Rick Rule. So the industry makes the stuff for let's say $50, to make the math simple, and they sell it for $25, to make the math simple. He is also not yet buying, though. Is Uranium Done Crashing or Will The FED Crash Everything Altogether? And when the Japanese shut down their nuclear fleet, what had been inventory became supply. Its hard to think of two other people who have had more success in uranium than Doug and Rick. Unsubscribe whenever your want. I find Rick Rule's ratings to be honest, since they corollate with my own appraisal of the companies' balance sheets. They lose $25 a pound and do it 100 million times a year. He founded Global Resource Investments, Ltd. (now called Sprott Global Resources Investments, Ltd. ("SGRIL")), a full service U.S. brokerage firm that specializes in natural resource companies, in 1993, Resource Capital Investment Corp . Fans of the social media company have a chance to get their hands on them in a fire sale of items from its San Francisco headquarters starting Tuesday. Top 500 YouTubers sorted by subscribers growth. We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. I'd imagine the same goes for DNN. Most of us tend not to regard taxation as theft, yet, thats exactly what it is.. Could the price of uranium go from $US48/lb to $US40/lb first?, Rule asks. The uranium market has been plagued by illiquidity, but with the advent of metal-backed funds, like the Sprott Physical Uranium Trust Fund (SRUUF), the problem of liquidity is alleviated, said Rick Rule, director of Sprott. There's many valid, objective reasons to do it, and not so many reasons not to do it (I can't think of a valid one). It went down to 1c then all the way to ~$10 a share, creating fortunes in the process. Curated by Michael O'Reilly since 2020 1550+ opinions with 4.81 rating (one of the best performing expert) All Rating Big Win . ROI of Top Picks: 78.26%. They lose $25 a pound and do it 100 million times a year. Deep Yellow, which has three uranium projects in Namibia Reptile, Nova and Yellow Dune is now one of a select group of ASX uranium stocks set to enter productiononce the impending boom hits. It's free. Lessons from the Masters: Where is market mover Sprott spreading its cash on the ASX in 2022? Through our team of resource specialists and a commitment to customer service, we assist our clients in creating a personalized resource "backbone" to their overall investment plan. The information you requested is not available at this time, please check back again soon. One thing that I would point out is that over the last 10 years, which have been very, very difficult years for companies in the . "An easier investment themewould be copper. Pic: Rule Investment Media/ Getty Images, Stockhead. 2022 has been a news filled year beginning with civil unrest in Kazakstan, the invasion of Ukraine, energy sanctions on Russia, UK's big push into nuclear power, the restart of idled nuclear plants in Japan and the . For investors, getting access to the right information is critical. {{data.symbol | reutersRICLabelFormat:group.RICS}}, {{ stock | formatPrefix }}{{ stock.netChng | formatNetChange }}. "I monitor 75 public uranium companies in the world. Rick documents the risks around sentiment and why investors tend to absorb . It kind of reminds me of the story of legendary contrarian John Templeton back in the late 1930s. "Uranium is way too cheap relative to its supply." Rick Rule will rank readers' natural resource equities, on a free, no obligations basis. In the first sense, for 20 years it had been in a bear market, so there was no performance support for the narrative. Im not an expert on Japanese politics. Finance - Production - Exploration - International Projects - ESG Engineering & Consulting - Battery Metals - Innovation Dear Reader,. Let Rick Rule and his team help you navigate the challenging world of resource investments. And todaynearly 20 years lateruranium is right back at the same position in the cycle. And investors who take a position now in companies should be ready to participate in subsequent private-placement offerings which might otherwise dilute them. Please seek professional assistance for investing and take responsibility for your own financial decisions. Thank you. You once mentioned that at the beginning of the previous uranium bull market, you were trying to figure out which juniors were the best. Full podcast here. Reality often varies from peoples expectations. Making the Most of Your Personal Freedom and Financial Opportunity Around the World! Did I make a mistake? The president and CEO of Rule Investment Media and the chair of Equinox Gold joins Harry Melandri to talk about why hes turning his focus to uranium. But its easier to say than it is to do. Was there something wrong with what the guest said? January 12, 2023 | Josh Chiat, November 4, 2022 | Josh Chiat, October 27, 2022 | Josh Chiat. Subscribe for a weekly newsletter in which different experts cover uranium, silver, gold, and graphene news & charts, in addition to giving updates on individual companies in those sectors. Get the latest stock news and insights straight to your inbox. Read our privacy policy for more info. Dividend Earner will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. It was a little before the bottom. I was disappointed, but not surprised. Some of the companies mentioned in this video and/or publication are paying customers of Resource Talks. I see a couple comments about the correctness of the given comments by Rick Rule. Keep in mind:1.) Rule follows 75 uranium listings world-wide, including many in Australia. "There's a great green angle if you care about carbon-free, emissions-free energy, uranium is the be-all and end-all, despite the fact that people don't like it" he said. So if you assume that a retail client is willing to spend five hours per month on uranium names, my only belief is that they should ration themselves to five positions. Doug Casey: Ive always been a uranium bull because Im kind of a boy scientist. Hopefully he starts disclosing some of his positions in a month or so. When a bull market comes along, all these cats and dogs start howling. This sub is dedicated to all the investors and traders passionate about the Uranium market and to all the people, scientist or not, who believe in nuclear energy / nuclear power generation to fight climate change. If you want more stock ideas, check out the best dividend stocks in Canada. So, people that are participating in the uranium space need to be particularly concerned about viability. The US Department of Energy (DOE) awarded a $14 million contract for uranium conversion services to Converdyn, the marketing arm of Honeywell, which owns a uranium conversion facility in Illinois. Bonds are in a hyper-bubble. No. The other thing that goes to your contrarian point, Nick, is that when the price of uranium was $8 a pound and the cost to produce it was $20 a pound, the investment thesis was either the price goes up or the lights go out; those were the only two choices. Rick Rule, president and CEO, Rule Investment Media LLC. The information provided in this publication and all other publications by Resource Talks is impersonal in nature and meant for general information purposes only. economics, The price has either increased from $US18/lb to $US48/lb, or it has declined from $US65/lb to $US48/lb. Why do mining legends Rick Rule, Doug Casey, and Marin Katusa obsess over uranium when it is such a small component of the commodity market?Billionaires Mark Cuban and Robert Friedland have their chips stacked in the trade. I definitely enjoy reading all that is written on your site.Keep the stories coming. Rick Rule: Doug and I have laughed about this over various spirits and beverages for years. Will Gold Trump Politics In 2017? Industrial materials markets will be led by population growth, an increase in frontier markets living standards, negative government policy decisions and decades of underinvestment. Rick Rule Talks About His Favorite Uranium Companies and His Outlook on Uranium, Uranium Contracting Speeds Up | Resource Heads Ep. Reality often varies from peoples expectations. When Marissa McNeelands was hiring a senior artificial intelligence product manager last year, she asked recruiters to suggest an equal number of male and female candidates. Rick Rule was interviewed on Stockheads Latest V-Con on Uranium. Nick Giambruno: Rick, what do you think will turn the uranium market around? Rick Rule and I talked about whats happening with uranium, and the uranium stocks, how he picks exploration companies, which his favorite uranium stock is, and we discussed Ricks stance on platinum investing in 2022. Certainly, its their money, not my money, so I can only suggest what they do rather than tell them what to do. Boss plans to be in production by the fourth quarter of 2023 with a three-year ramp-up to its full production rate, timed for a looming nuclear supply shortage expected from 2024. The gold market will likely be over when these factors begin to reverse. Yes, I'm just now publishing this second part because I'm an evil YouTuber who's after the ad money. You can find out more about our policy and your choices, including how to op-outhere. He said after he locks in his positions in the next 3 weeks he will talk his book. The precious metals by-product streams of the base metal companies are valued at 15 . Antonio Atanasov is not an investment advisor. Thats exactly why I caught up with them at the Sprott Natural Resource Symposium in Vancouver recently. Market Close Update this field is for validation purposes and should be left.... 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