I wonder why?
Any reason you’re not telling me about the toys I apparently threw out of the pram, neophytes? Want to explain about your superior knowledge? Feel like lionizing John Black like you did six months ago? What about Fernando Pickmann, still think he’s the top Peru mining lawyer? Continue to take Kevin Heather’s word on political and community risk, do you?
A pity Sean Roosen is more concerned about lunch than DD. Raul thanks you for your money, Sean.
Otto, I have a general question, and since all of your posts are content-specific, I hope you don’t object to my putting it here.
Do you have any detailed thoughts about the implications for a stock (junior or small producer) if its stock is almost entirely owned by funds? Does this have a constraining or a supportive effect, or is there nothing definite that you can say about it? One company that I’m invested in is like that, & I’ve been thinking about it.
A good call, though I didn’t own it because I didn’t think base metals were a good place to be. But your weekly alerted me to the copper bull, so I’ve bought into one that you recommend. My other “base metal” plays are all uranium, which I’m sure will amuse you. After being in the red since I first bought them about 3 years ago, a fire was recently lit under their collective buttocks. 🙂
The blanket call to avoid U since Fukushima has been right for nearly a decade. It’ll be wrong one day, could be ’21.
One of your favourite players in the mining sector says U going up is a “when” question, not an “if” question, unless it’s OK for lots of lights to go out. Anyone who thinks PM miners are volatile has never owned U miners. Their bull and bear markets are insane.
Futurology advice and mining gurus are not a profitable mix. This whole spiel about U being essential to future electricity production is classic linear thinking and prevalent among these one-eyed kings of the blind.
Maybe for the same reason you haven’t commented on MKO lately?
Oh I’m sorry, is my rhythm of mockery not to your liking? Please explain your personal entitlement demands in a curt reply to this humble comment and I will try my utmost to comply, guv.
Dave. You didn’t reply. I wanted to make sure you realize how stupid you look. Bye.
I love your blog. It’s impassioned, and, even though I don’t agree much with your politics, you aren’t a freaking liar. “… better to be poor than a liar.” Proverbs 19:22.
Thanks, mum.
Your call on uranium continues to be correct. The elephant in the room is now Kazatomprom with 60% market share. Kazhakstan is the Saudi Arabia of uranium and can meet any demand increase. The uranium market is small and no transparency on contract pricing. I wouldn’t be surpised if uranium prices stay where they are for at least a few more years. I believe the current run in U stocks is tied to the green energy pump tied to Biden’s energy platform and is therefore a trade.
Continues to be correct? One of my holdings has more than doubled this month; others are close behind. But it’s overdone, so I’ve been selling into the bid. Biden may have something to do with it. But folks have also been lobbying Trump to “secure US uranium supplies” with domestic contracts (UUUU, URG), which looks like it could happen. Then there’s Cameco shutting down its big mine over COVID. And a long bear market. Many factors, but it’s gotten ahead of itself–for now.
I’d forgotten how boring comments sections can be. Thanks for reminding me.
bitcoin bro
“I want to say one word to you. Just one word.”
“Yes, sir.”
“Are you listening?”
“Yes, I am.”
“Plastics.”