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Economic geologist and mining analyst Brent Cook told me that he thinks the price of uranium must go up, but he doesn’t think it will go up too much.
Brent believes that there are many uranium projects that will come into production once the price of uranium has reached a certain level, that he thinks is below triple digits.
Bren also doesn’t like uranium exploration companies because he thinks we already have good enough projects that should be bought first before we start thinking about new projects.
Warning
Antonio Atanasov is not an investment advisor. Antonio Atanasov might own shares of companies mentioned in this publication. Always assume him biased. The information provided in this publication – and all other publications by Resource Talks – is impersonal in nature and meant for general information purposes only. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. Get numerous opinions before taking your own decision in the end. The minimum risk on any investment mentioned in this publication is 100% loss of capital.
Shortly: you will lose all of your money and possibly most of your brain cells if you listen to talking heads on the internet. Especially if they have orange hair and no experience (me).
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Timestamps:
00:00 Important note
00:30 What Brent is cautious about
04:30 Why some uranium projects won’t ever go into production
06:25 Is Brent bullish on the uranium price?
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