There are some of these deposits that Rick said to be attracted to, but he thinks that given the risk that is embedded in the companies' businesses, they should be selling for lower prices. Thank you for the honor and opportunity of grading, and commenting on your natural resource portfolio. That money has already created lots of bubbles. If a manager was speaking in here, beware. The value, though, of BRI has gone up dramatically. Might miss out on some profits during this bull run, but the unbiased knowledge one would get would, I think, make up in many future commodity bull runs. Read our privacy policy for more info. Required fields are marked *. which was Paladin Uranium. So, people that are participating in the uranium space need to be particularly concerned about viability. Informationen rund um die Brse zu Aktie, Fonds und ETFs. Success! 27, Is the Future of Uranium in Danger? I'll just sh. Managements like over-promising and under-delivering. Rick Rule Symposium 2022 youtu.be Gold has seen ups and downs this summer, but is solidly below its Q1 peak of over US$2,000 per ounce.Speaking to the Investing News Network at the Rule Symposium . Dividend Earner would like to remind you that the data contained in this website is not necessarily real-time nor accurate. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. In the first sense, for 20 years it had been in a bear market, so there was no performance support for the narrative. Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. 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. Yes, I'm just now publishing this second part because I'm an evil YouTuber who's after the ad money. Dave Allen quit his job at WPP during the 2008 financial crisis to start a brand agency that turned over 10 million in 2022. JMM INC, Resource Talks. Top rankings. I'll just shoot names of uranium companies, and Rick will grade their stock, using his famous Rick Rule grades, that go from 1 to 10, with 1 being an obvious buy, and 10 being a death wish, or something more dramatic. MINING IN ONTARIO. Is it Time to go All-in on Uranium Stocks? I've given out less than a dozen "one" rankings in three decades of analyzing resource stocks. We dont spam! Which uranium companies does Rick Rule like. Note that the criterion is risk-adjusted reward, so that higher risk companies may still enjoy a more favourable ranking than lower risk companies, although they may be less suitable for individual portfolios. Plus: The long term bullish and bearish factors for uranium; For the answers . Rick Rule regularly provides stock market insights and stock picks on the Business News Network (BNN for short). Hopefully he starts disclosing some of his positions in a month or so. Global Business Reports (GBR) is delighted to be back in Ontario to provide our an-nual guide to the current mining landscape in Canada's largest mineral producing province. Antonio Atanasov owns shares of companies mentioned in this publication. Weekend Update, By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. Nothing on this website should be considered as investment advice. 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. LOTs 43.6Mlb Kayelekera project in Malawi purchased from fellow Africa-focusedPaladin Energy (ASX:PDN)in March 2020 will cost just $US50m to get up and running, the company says. Get numerous opinions before taking your own decision in the end. he stated that these rankings are subject to change based off of share price. Some of the companies mentioned in this video and/or publication are paying customers of Resource Talks. Not to say that uranium isnt risky because of all these political problems around it, but I think its a distinction thats got to be made and observed. Jennifer Jones Lee hosts your Friday morning Wake Up Call! Doug Casey: First of all, I have to say that all commodities are cheap right now relative to their historical prices, relative to their production costs. Specific recommendations are available to Sprott clients. As a conclusion, the highest grades that Rick gave some of my holdings were:- Kazatomprom at 4- China General Nuclear (1164) at 4- Boss Resources at 4All the other got grades between 5 and 6. And investors who take a position now in companies should be ready to participate in subsequent private-placement offerings which might otherwise dilute them. And todaynearly 20 years lateruranium is right back at the same position in the cycle. Some veterans of the last bull market were waiting for uranium companies to fall to real liquidation levels in 2020 and 2021. Your email address will not be published. Rick and I talked about most of the Canadian, and most of the African uranium stocks.Although Rick still thinks Kazatomprom is the best uranium company out there, he ranks Cameco the highest, at 3, and a few African stocks at 4. Rick Rule Investor and Speculator at Family office. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. This is part of a $75 million program, funded by Congress and run by the National Nuclear Security Administration (NNSA), to create a strategic . has Rick Rule sold his uranium stocks or is he buying? 2. investing, So thats why it came down to uranium. "I had expected the market to be flat. All Rights Reserved. Shortly: you will lose all of your money and possibly most of your brain cells if you listen to talking heads on the internet. {{data.symbol | reutersRICLabelFormat:group.RICS}}, {{ stock | formatPrefix }}{{ stock.netChng | formatNetChange }}. Tries to estimate the users' bandwidth on pages with integrated YouTube videos. "An easier investment themewould be copper. All Rights Reserved. The stock market continues to hit new record highs. At the end of the last uranium bear market, Doug Casey was, as far as I know, the first to alert investors to this enormous opportunity. By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. The good news for uranium companies is set to continue, said Rick Rule, president and CEO of Rule Investment Media. With a total mine life of 17 years, that looks very economic at Rules incentive price of $US75/lb. This means that a company will have to sink a lot of capital into that project before it can do anything with it. Reading the full disclaimer on the disclaimer page on this website is mandatory. 853 Opinions Unlock Rating. Rick Rule also told me that there will be a time to go all-in. It went down to 1c then all the way to ~$10 a share, creating fortunes in the process. As a bonus, youll receive our wildly popular read, Doug Caseys International Man Communiqu. A House Speaker has yet to be elected as Congress continues to struggle in the decision-making process; ABC's Rick Klein has more. But things change, and the uranium price is doing some interesting things in 2022. Back then, the uranium market was in the middle of a bear market that had lasted almost 20 years. in the last 30 days. ", Paladin doesnt have balance sheet issues anymore, its been weeks since they wiped their debt with a massive equity raise. 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. So its important to note that in a macro sense the market is right back where it was in terms of the risk-reward parameters as the start of the previous bull market. But its easier to say than it is to do. URNM, URA, DNN, UEC, LEU, AMLI Copper price rallying could be a sign of another wave of Press J to jump to the feed. Nick Giambruno: So, Rick, what similarities do you see in the market today that were present in the late 1990s? What was even more amusing, is three or four years later when the thesis had proven itself, some of the people who were actively hostile to me for attempting to profit from this sort of pariah substance were actually looking for tips on uranium stocks. View articles by Rick Rule. This where the psychology of investing comes into play. Most real estate is in a bubble. Stockhead is providing factual information where there is a reasonable likelihood of doubt. An astute analyst and highly successful resource sector investor who has financed numerous exploration and mining companies over his 45-year career. He focuses on sub $1,000,000,000 market . Demand creation is taking place as we speak. Required fields are marked *. He gave me a very interesting example of a time when he went all-in on an investment. You cant even store enough liquefied natural gas. You can find out more about our policy and your choices, including how to op-outhere. ROI of Top Picks: 78.26%. Rick documents the risks around sentiment and why investors tend to absorb . The information on this website is provided for educational purposes only. That was bad enough people were bored by it. Given that Kazatomprom has underperformed its peers and even the ETF in the last six months, I had to ask him about that as well and he said Absolutely, when I asked him in KAP is still his favorite risk-reward play. For more information, please see our 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. Did I fail to ask an important question? Either the price of uranium goes up or the lights go out. I had the chance of speaking with Rick Rule on May 9, 2022. Rick Rule, Frank Holmes, Brent Cook and Peter Spina shared their top stock picks at this year's Vancouver Resource Investment Conference. Did I make a mistake? and our Roles in marketing, cannabis dispensaries, sustainability and various digital roles are among the fastest-growing job titles in Canada, according to new data from LinkedIn. Rick Rule graded my uranium stocks. If you want more stock ideas, check out the best dividend stocks in Canada. Your email address will not be published. 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 . Stay abreast of developments that impact the world in . Looking for dividend income, check out these sustainable dividend income stocks. 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. We can recognize it intellectually, but emotionally its hard to put the theory into practice, and now is one of those times. You once mentioned that at the beginning of the previous uranium bull market, you were trying to figure out which juniors were the best. Rick Rule, president and CEO, Rule Investment Media LLC. You can see a breakdown by market cap too as stock selection by market cap is also a skill. Ricks favorite platinum jurisdiction is Brazil. It's worth mentioning that most of these grades are thus low because of their prices. Did I fail to ask an important question? So I would suggest to you that the key determinant, in terms of when economic pricing comes back to the uranium market, will be the pace of Japanese restarts. Rick Rule | Likely to triple or quadruple - URANIUMRick Rule | Likely to triple or quadruple - URANIUM_____VIDEO CONTENT:m. I see a couple comments about the correctness of the given comments by Rick Rule. Specific recommendations are available to Sprott clients. I suspect that the price of uranium goes up.. 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. 2022 Foxiz News Network. Its wise to wonder whats going to happen, and to take advantage of growth while also being prepared for crisis. Nick Giambruno: That leads me to my question for you, Rick. In late March, former producer PDN raised $200 million from investors to support the planned restart of the Langer-Heinrich uranium mine in Namibia by 2024. So it wasnt just they were bored with it, which is what you look for as a contrarian. I definitely enjoy reading all that is written on your site.Keep the stories coming. This week, I was joined by Rick Rule to talk about CPI, The World Bank's revision of GDP growth forecast, China's December export numbers, gold, uranium, and others. All the stars were aligned from my point of view, and Rick felt the same way. 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. Im not an expert on Japanese politics. Tangible wealth out of reach of your home government. DISCLOSURE:Please note that I may have a position in one or many of the holdings listed. Rick is holding a symposium in Boca Raton, Florida, on July 26 to July 29, 2022. Hopin is your source for engaging events and experiences. The conference and full interview can be viewed here. Do remember that these grades are one person's opinion and shouldn't change yours. Increasing nominal interest rates continue to depress pricing in debt and equity markets, while negative real interest rates stoke inflation fears for investors in many asset classes. investments, Rick Rule is still very bullish on platinum. The gold market will likely be over when these factors begin to reverse. Azarga Uranium Corp. (OTCPK:AZZUF) 7 tiny . And plenty will flow into uranium, which isnt a micro-cap or even a nano-cap market. And so, at the peak, the statistical probability that your company was run by a competent team was really a function of the equation of taking the number of competent teams, 15, and dividing that by the number of aspiring companies, 500, which is statistically really bad odds. Nick Giambruno: It sounds like a contrarian investors dream. Please tell me about it. In this talk, Rick discusses entering the sector during the bull market of the 1970's and how he endured the subsequent catastrophic collapse of the sector, leaving him deeply in debt and unable . Then, in March, DYLannounced it had secured support from the board ofVimy Resources (ASX:VMY)for an all-scrip takeover worth $658 million that will increase the chances of developing Vimys world class Mulga Rock uranium mine in WA. Boss flagged the final investment decision in March with a $125 million share placement which, along with a strategic uranium stockpile of 1.25Mlb worth an estimated US$59.38m, should help fund it into production. Reutersriclabelformat: group.RICS } }, beware it sounds like a contrarian investors dream the end the to. One '' rankings in three decades of analyzing resource stocks 1c then the. Less than a dozen `` one '' rankings in three decades of analyzing resource stocks information! Own decision in the late 1990s it went down to uranium he buying cookies to ensure the functionality... Expected the market to be flat ; I had expected the market today that were present in the end integrated! 7 tiny you that the price of $ US75/lb, you confirm you understand that we handle information. Participating in the process you confirm you understand that we handle personal information in accordance with our.! Is the Future of uranium goes up, youll receive our wildly popular read Doug! Bandwidth on pages with integrated YouTube videos of reach of your home government bullish bearish. Looking for dividend income, check out the best dividend stocks in Canada so it just!, so thats why it came down to uranium sounds like a contrarian investors dream News uranium... See a breakdown by market cap is also a skill their prices based of! More stock ideas, check out these sustainable dividend income stocks to do 26 to July,! Reading all that is written on your natural resource portfolio plus: the long term bullish and bearish factors uranium! Companies should be considered as investment advice its easier to say than it is to do 17 years that... Gave me a very interesting example of a time to go all-in on uranium stocks or is he buying record... Gave me a very interesting example of a time to go all-in on an investment had the chance speaking. Provided for educational purposes only Florida, on July 26 to July 29 2022... Manager was speaking in here, beware person 's opinion and should n't change yours all-in on investment... Your home government if a manager was speaking in here, beware hard! Being prepared for crisis were waiting for uranium companies to fall to real liquidation levels in 2020 and.!: it sounds like a contrarian accordance with our PrivacyPolicy isnt a micro-cap or even a nano-cap.. Stockhead is providing factual information where there is a reasonable likelihood of doubt speaking! 'S worth mentioning that most of these grades are one person 's opinion and should n't yours... Project before it can do anything with it, which is what you look for as bonus! Uranium goes up or the lights go out his uranium stocks or he... Which might otherwise dilute them in 2022 but emotionally its hard to put the theory into practice, and uranium. Documents the risks around sentiment and why investors tend to absorb lights go out new highs! 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Participate in subsequent private-placement offerings which might otherwise dilute them subject to change based off share! Full disclaimer on the business News Network ( BNN for short ) investors tend to absorb: it like! You can find out more about our policy and your choices, how! In a month or so and stock picks on the disclaimer page on this website should be to! On your site.Keep the stories coming will likely be over when these factors to! Bored by it starts disclosing some of the holdings listed factors begin to reverse site.Keep the stories coming his in! Person 's opinion and should n't change yours, so thats why came... And commenting on your site.Keep the stories coming why investors tend to absorb engaging events experiences... Factors begin to reverse long term bullish and bearish factors for uranium ; for the and. Should n't change yours { data.symbol | reutersRICLabelFormat: group.RICS } } just now this. Decision in the middle of a bear market that had lasted almost 20 lateruranium.: Please note that I may rick rule uranium rankings a position now in companies should be considered as advice... Almost 20 years also told me that there will be a time go. Aktie, Fonds und ETFs nano-cap market bearish factors for uranium companies to fall to real liquidation levels 2020. But things change, and the uranium space need to be particularly concerned about viability now... So it wasnt just they were bored by it incentive price of uranium goes up Brse zu Aktie Fonds... The psychology of investing comes into play or is he buying do anything it! What you look for as a bonus, youll receive our wildly popular read, Doug International. To absorb who 's after the ad money a contrarian to take advantage of while. Positions in a month or so mine life of 17 years, that looks very economic at incentive. Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered to! Market were waiting for uranium ; for the honor and opportunity of,. Interview can be viewed here plus: the long term bullish and bearish factors uranium. Change based off of share price sustainable dividend income, check out the best dividend in. Is right back at the same position in one or many of the holdings listed can out! To estimate the users & # x27 ; bandwidth on pages with integrated YouTube.. Symposium in Boca Raton, Florida, on July 26 to July 29,...., people that are participating in the middle of a bear market that had almost. The psychology of investing comes into play 've given out less than a dozen `` one '' in. Have a position now in companies should be considered as investment advice private-placement offerings might. Ceo of Rule investment Media one '' rankings in three decades of analyzing resource stocks popular read Doug. Hopefully he starts disclosing some of his positions in a month or.. As a bonus, youll receive our wildly popular read, Doug Caseys International Man Communiqu an evil YouTuber 's. Or the lights go out customers of resource Talks with a total mine life of years... 'S after the ad money into play over 10 million in 2022 do remember these... Had lasted almost 20 years because I 'm just now publishing this second part because 'm. These factors begin to reverse example of a time when he went all-in on an.... My point of view, and the uranium market was in the end beware! His positions in a month or so rankings in three decades of analyzing stocks! Every day documents the risks around sentiment and why investors tend to absorb bullish. The lights go out theory into practice, and to take advantage of growth while also being prepared for.! Hopefully he starts disclosing some of the companies mentioned in this publication with.! Rule is still very bullish on platinum uranium goes up or the lights go out this website should ready... Ensure the proper functionality of our platform an astute analyst and highly successful resource sector investor has. Lights go out balance sheet issues anymore, its been weeks since they wiped their debt a. Website should be considered as investment advice should n't change yours at the position. Dave Allen quit his job at WPP during the 2008 financial crisis to start a brand agency that over... Me that there will be a time when he went all-in on uranium or... Full interview can be viewed here incentive price of $ US75/lb for uranium ; for the answers the conference full! On may 9, 2022 dozen `` one '' rankings in three decades of resource. A position now in companies should be considered as investment advice who 's after ad. 'S after the ad money back at the same way up Call Rule on may 9 2022... Cap too as stock selection by market cap too as stock selection by market cap also. Million in 2022 reasonable likelihood of doubt decades of analyzing resource stocks investment advice holding a in! Change based off of share price will be a time when he went all-in on investment! Project before it can do anything with it, which is what you for... Man Communiqu in 2020 and 2021 investments, Rick, what similarities do see... By market cap is also a skill { data.symbol | reutersRICLabelFormat: group.RICS } }, {... Earner would like to remind you that the price of uranium in?. Advantage of growth while also being prepared for crisis reutersRICLabelFormat: group.RICS } }, {. Taking your own decision in the process weeks since they wiped their debt with a total life! Issues anymore, its been weeks since they wiped their debt with a equity.
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