Those are the only two choices. 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. 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. If a manager was speaking in here, beware. My "chart defined" review of Rick Rule's Uranium Miner rankings. Today, the total cost of producing a pound of uranium is between $55 and $60. I'm uploading it now, because as I said I'm evil, and also because it takes time to edit, etc. Now, Mr. Rule thinks the uranium market has returned to sanity, while the fundamentals of the uranium market have only improved since. Why Rick Rule Is the Uranium expert. In early June BOE formally announced plans to rebuild the Honeymoon uranium mine in South Australia. "I had expected the market to be flat. At the time, there was an incredible amount of fear in the world. 2022 Foxiz News Network. Readers are encouraged to read the Cautionary Note on Forward-Looking Information and to consult the Companys Annual Information Form, which is available on www.sedar.com. 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. So it wasnt just they were bored with it, which is what you look for as a contrarian. I'd suggest that a lot of uranium speculators would be better off doing that as well. . For more information, please see our Christine Poole's Top Picks: January 18, 2023, Darren Sissons' Top Picks: January 16, 2023. Ownership of Top Picks: 100.00%. Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. Its going to happen again. Up to you, of course, I'm not a financial advisor. Returning to the Daily Dive today is Rick Rule, the former President and CEO of Sprott US Holdings. Access our very popular e-letter, the IM Communiqu, and our other guides and country reports. So were back to the same conundrum that we were at in the late 1990s. Also discussed is Rick's current view on uranium (5:59 . It involved oil, and not uranium, but it was a good example nonetheless. Rick Rule and I talked about what's happening with uranium, and the uranium stocks, how he picks exploration companies, which his favorite uranium stock is, and we discussed Rick's stance on platinum investing in 2022. Tangible wealth out of reach of your home government. Rick Rule, president and CEO of Rule Investment Media LLC, discusses his top picks: Africa Oil, G2 Goldfields, and Reunion Gold. I definitely savored every part of it and i also have you book-marked to look at new stuff on your website. I.e John Borshoff have said multiple times that Deep Yellow will sit on their hands until spot reaches at least $60. You have to go where things are cheap. On previous BNN appearances, I had stressed my preference on a risk-weighted basis for very large extractive industry companies. It's free. It was the single most important financial event of my career.. You buying results in them making money. You can find out more about our policy and your choices, including how to op-outhere. I have also personally asked Mr. Pattanaik, copied, to reach out to discuss your resource portfolio and provide you more information on Sprotts investment services and products. Check your email for magic link to sign-in. . Uranium Energy Corp. (AMEX:UEC) 6, Denison Mines Corp. (NYSE:DNN) 5 should be the consolidator, requires patience, Energy Fuels Inc. (NYSE:UUUU) 6, Bannerman Resources Limited (OTCPK:BNNLF) 5 tier 3 asset, NexGen Energy Ltd. (NYSE:NXE) 4 excessive G&A, tier 1 asset, remote, Deep Yellow Limited (OTCPK:DYLLF) 5, great team, likely consolidators, requires patience, key man risk, Paladin Energy Limited (OTCPK:PALAF) 5 balance sheet challenges, Boss Resources Limited (ASX:BOE) 4 great aussie juniuor name, requires patience, Cameco Corporation (NYSE:CCJ) 5 very cheap, stressed balance sheet, getting worse, Peninsula Energy Limited (OTCPK:PENMF) 7, Ur-Energy Inc. (NYSE:URG) 6, Forsys Metals Corp. (OTCPK:FOSYF) 7, Global Atomic Corporation (OTCPK:GLATF) 5, Laramide Resources Ltd. (OTCPK:LMRXF) 5, enCore Energy Corp. (OTCPK:ENCUF) no opinion, Fission Uranium Corp. (OTCPK:FCUUF) 5, requires cash, high G&A, management distracted BUT tier 1 asset, CanAlaska Uranium Ltd. (OTCPK:CVVUF) 5, Skyharbour Resources Ltd. (OTCPK:SYHBF) 7, Mega Uranium Ltd. (OTCPK:MGAFF) 5, Vimy Resources Limited (OTCPK:VMRSF) 7, IsoEnergy Ltd. (OTCPK:ISENF) 5, Toro Energy Limited (OTCPK:TOEYF) no opinion, Plateau Energy Metals Inc. (OTCPK:PLUUF) 8, Appia Energy Corp. (OTCPK:APAAF) no opinion, UEX Corporation (TSX:UEX) 6, Lotus Resources Limited (ASX:LOT) 5, GoviEx Uranium Inc. (OTCPK:GVXXF) 7 big deposit, political risk, needs cash, Azarga Uranium Corp. (OTCPK:AZZUF) 7 tiny, uneconomic, Big jump today with Boss and Bannerman - 30%, no problem buddy, glad to help out. The Most Dangerous Event of the 21st Century, Join an Elite Group of Freedom Seekers, Investors, Adventurers, and Speculators, Making the Most of Your Personal Freedom and Financial Opportunity Around the World, Doug Casey and David Stockman's Contrarian Insider, Decline of Empire: Parallels Between the U.S. and Rome, Part III, Carbon Credits Are the Biggest Scam Since IndulgencesHow You Can Avoid Being Fleeced, David Stockman Reveals What Inflation Would Look Like in a True Free-Market Economy. Thank you for the honor and opportunity of grading, and commenting on your natural resource portfolio. Performance details for the top picks by Rick Rule. Now, such an approach was practical then, when there were only around five uranium juniors. in the last 30 days. And yet the medium to long term outlook for the nuclear fuel remains extremely positive, says Rick Rule, in a recent interview with Stockheads Oriel Morrison. And todaynearly 20 years lateruranium is right back at the same position in the cycle. Given [the world is] using 180 million pounds and producing 120 million pounds meaning that there is a 60 million pound per year shortfall its pretty simple to figure out that over the five-year time frame that the price of uranium needs to go through the incentive price of $US75. Rating Card. 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. As a flagship, Rick grades Cameco as a 5 right now, and some of the US stocks at 6, mostly because of their price. DISCLOSURE:Please note that I may have a position in one or many of the holdings listed. Nick Giambruno: Doug and Rick, thank you for your time. . Rick Rule: Doug and I have laughed about this over various spirits and beverages for years. Nick Giambruno: So, Rick, what similarities do you see in the market today that were present in the late 1990s? Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. A veritable treasure trove of intelligence, all at no cost. Stocks followed. Valuation. Canadian Stock Coverage: 100.00%. Very cool, thanks for sharing your interaction with a great mind! All Rights Reserved. It's worth mentioning that most of these grades are thus low because of their prices. These rankings are numerical, 1-10, with 1 being best. I believe that investor education and outreach are the most honest and effective forms of advertising, and marketing. Absolutely. Bonds are in a hyper-bubble. Holtec claims SMR-160 can repurpose any coal-fired plant How about we put together an explorers only project. 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. The comments Rick gives on the companies, however, are valuable and can be used as starting points of a research. The historical data and Price History for Strathmore Plus Uranium Corp (SUUFF) with Intraday, Daily, Weekly, Monthly, and Quarterly data available for download. Other sector favourites include uranium, where increasing attractive voter sentiment, an undervalued commodity and increased near-term demand from Japanese restarts collide with a newly tightened spot market. Antonio Atanasov is not an investment advisor. Rick Rule Talks About His Favorite Uranium Companies and His Outlook on Uranium, Uranium Contracting Speeds Up | Resource Heads Ep. But certainly, at age 65, I would like to get paid sooner rather than later. Rick Rule being Rick Rule. Complete the form below and we'll send you Rick's Rankings of your . If you want more stock ideas, check out the best dividend stocks in Canada. He gave me a very interesting example of a time when he went all-in on an investment. Both of those circumstances are occurring simultaneously. The 2.45Mlb per annum yellowcake mine, which will cost around $113 million to construct and refurbish, will be just the third operating in Australia alongsideBHPs (ASX:BHP)Olympic Dam and the privately owned Beverley mine, also in SA. Leading up to the first Great Depression, those in the financial sector had become unusually creative. So he simply bought every US stock that was selling for less than $1. Lessons from the Masters: Where is market mover Sprott spreading its cash on the ASX in 2022? Dave Allen quit his job at WPP during the 2008 financial crisis to start a brand agency that turned over 10 million in 2022. 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. economics, Press question mark to learn the rest of the keyboard shortcuts, Debt gets pulled from the future and is injected into the system. Rick Rule is still very bullish on platinum. Save my name, email, and website in this browser for the next time I comment. Specific recommendations are available to Sprott clients. All Rights Reserved. Check your inbox or spam folder to confirm your subscription. Read our privacy policy for more info. Volatility is actually a good thing because if your psychology is level enough, you can profit from it. We think that maybe 50 listings in the uranium space worldwide are unviable at $US100/lb, Rule says. Copyright 2010 - 2023 by Dividend Earner. That when the uranium move gets going this time, the response will be, pardon the pun, even more explosive in its early stages than it was the last time. Antonio Atanasov is not an investment advisor. "From my own point of view the uranium price is up nicely and given that I am looking to add substantially to my uranium position I am delighted to see it lower in price." Which uranium stocks does Rick Rule like? Im very confident of it because all the worlds governments have been creating trillions and trillions of currency units since the crisis started in 2007. Required fields are marked *. Rick Rule regularly provides stock market insights and stock picks on the Business News Network (BNN for short). Rick Rule also told me that there will be a time to go all-in. . Market Close Update Brsenkurse fr Optionsscheine und Zertifikate. He is also not yet buying, though. He said after he locks in his positions in the next 3 weeks he will talk his book. This where the psychology of investing comes into play. 12 Top Stock Picks for 2020 from Mining Experts. By Patrick Karim Oct 7, 2022 stock: Blue Sky Uranium, stock: Cameco, stock: Canalaska Uranium, stock: Centrus Energy, stock: Denison Mines, . Its important to note that Japan has had a policy of energy security since the Arab oil embargo in the early 1970s. Rick Rule was interviewed on Stockheads Latest V-Con on Uranium. Comments accompany rankings where appropriate. Some of the companies mentioned in this video and/or publication are paying customers of Resource Talks. Bad Junior Stocks & How to Avoid Mining Scams & Pitfalls. Criticism and skepticism are highly welcome. No. New members should take a look into the NEW INVESTORS STARTING POST. 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. If a manager was speaking in here, beware. URNM, URA, DNN, UEC, LEU, AMLI Copper price rallying could be a sign of another wave of Press J to jump to the feed. Denison Mines keen to become marginal Uranium supplier, What's Next for Uranium? investments, For a complete list of my holdings, please see my Dividend Portfolio. Those who listened could have made a fortune. ", Paladin doesnt have balance sheet issues anymore, its been weeks since they wiped their debt with a massive equity raise. Get the latest Stockhead news delivered free to your inbox. Curated by Michael O'Reilly since 2020 1550+ opinions with 4.81 rating (one of the best performing expert) All Rating Big Win . You can see a breakdown by market cap too as stock selection by market cap is also a skill. Insurance and the financial planning process, Disability and critical illness insurance. 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. 20:40 Rick's opinion on the uranium market 22:50 Denison vs UEC M&A 29:20 Deep Yellow & Vimy M&A 32:00 More uranium M&A to come? Reddit and its partners use cookies and similar technologies to provide you with a better experience. Rule spoke to Kitco on Tuesday. Rick is presenting at the Rule Symposium Natural Resource Investing conference Jul 26-29 Boca Raton, Florida. You cant store enough coal. You can see the top picks from Rick Rule below. Note that those rankings are not updated daily. 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. Video Please tell me about it. investing, Get numerous opinions before taking your own decision in the end. Nick Giambruno: Rick, what do you think will turn the uranium market around? Note too, that these rankings are snapshots in time, subject to rapid change, with new news, different markets, and changing share prices. Rick Rule, president and CEO, Rule Investment Media LLC. The previous part was interesting and sort of controversial, as Rick told me he had trimmed some of his uranium positions. When it comes down to picking exploration stocks, Rick told me that you make money by employing new ideas in old places or old ideas in new places, but never by employing old ideas in old places. They are very timely, so watching this video after June 1 (when it was recorded) is possibly not a good idea. Were on the cusp of another uranium bull market that has the potential to unleash even more life changing wealth than the previous one. Tags: His background is ideally suited to assisting you with your portfolio interests. The much larger island of Barbados came sixth in the world rankings, partly due to the high volume of British buyers now purchasing leisure properties. AND TORONTO'S GLOBAL REACH 2020. Many . Registers a unique ID to keep statistics of what videos from YouTube the user has seen. For mobile users: Menu (next to "About) > Guide, Rick Rule's Ratings of my Junior Miner Portfolio. Get the latest Stockhead news delivered free to yourinbox. Doug Casey: A contrarian is somebody whos running against the crowd. New reactor construction worldwide is taking place at an absolute record pace. Demand creation is taking place as we speak. investment, Fancy an espresso machine once used by Twitter employees? 2016 Sprott Natural Resource Symposium. 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. JMM INC, Resource Talks. They didn't put forward any women, but she knew there had to be some who were more than qualified for the job. What makes uranium, and not some other commodity or speculation, more compelling at this moment? Since nuclear power is a highly-regulated industry, it depends on what these governments do. Interesting as always when I see how they rank! 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. 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. 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. 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. Is Uranium Done Crashing or Will The FED Crash Everything Altogether? 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. Its simple logic as far as Im concerned. Enter carbon credits, government-issued permits that grant you the privilege to emit a certain amount of carbon dioxide. Because its by far the safest and the cleanest form of mass-power generation. 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. So when the deck was stacked in peoples favor, nobody cared. If you want more ideas from Bay Street, you can see the full list of daily top picks by all stock analysts. Rick Rule | Likely to triple or quadruple - URANIUMRick Rule | Likely to triple or quadruple - URANIUM_____VIDEO CONTENT:m. These rankings are numerical, 1-10, with 1 being best. Im talking about all commodities. Honeymoon is set to operate for an initial life of 11 years, with an IRR of 47% at a uranium price of US$60/lb. And when the Japanese shut down their nuclear fleet, what had been inventory became supply. Lunch Update Keep in mind:1.) 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. Used by Google AdWords to re-engage visitors that are likely to convert to customers based on the visitor's online behaviour across websites. Click here to download it now. The whole point of shining a light into the gloom is to avoid having it end in doom. Managements like over-promising and under-delivering. Ill definitely digg it and personally suggest to my friends. So, people that are participating in the uranium space need to be particularly concerned about viability. 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. Now: $4.54. Uranium was really the perfect contrarian material in the late 1990s. Rule follows 75 uranium listings world-wide, including many in Australia. GOOD VIBES ONLY Its a pico-cap market. Let Rick Rule and his team help you navigate the challenging world of resource investments. In February this year, a PFS was completed on a Langer-Heinrich-style 3mlb per annum open-pit mining operation at the Tumas project at Reptile. [122] Donnie 2016/04/27 22:38:25 : Rick Rule, president and CEO of Rule Investment Media LLC, discusses his past picks: Equinox Gold, Sovereign Metals, and Centaurus Metals. Rick Rule: Well, I don't think you forgot to ask much, Maurice. Cookie Notice Please note that rankings and comments provided herein are not investment recommendations. There are certainly Australian listed companies Lotus, Paladin, Boss, Deep Yellow that I think are excellent speculations.. You can see a breakdown by market cap too as stock selection by market cap is also a skill. Palisade's top 3 uranium stock picks for 2017 Feb. 7, 2017, 3:16 PM / Uranium Stocks TOPICS - Palisade Research - Uranium. Despite the fact that we dont like uranium, uranium is about 15% of US baseload power, and its about 65% of non-carbon-generating US baseload. 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. Hopefully he starts disclosing some of his positions in a month or so. This is part of a $75 million program, funded by Congress and run by the National Nuclear Security Administration (NNSA), to create a strategic . Please don't be discouraged if you find my rankings harshbecause they are! But I wouldn't be surprised at all to see it free of enCore. I've given out less than a dozen "one" rankings in three decades of analyzing resource stocks. Rick Rule Investor and Speculator at Family office. 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. 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. Not being able to decide among them, you decided to buy them all. Save my name, email, and website in this browser for the next time I comment. Antonio Atanasov owns shares of companies mentioned in this publication. So its an emotional and political thing. In fact, theyre running the country on brown dirty coal and ironically imported uranium electricity from Poland and France. 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. His suspicion is that margin calls have also added to the recent pain in uranium stocks. It doesnt seem an optimal use of capital to buy them all this time around. Ricks favorite platinum jurisdiction is Brazil. 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 . What does he mean with "Consolidator" regarding Denison and deep yellow? So, this is supposed to be a simple, short and to the point video (unlike most of my other videos). 00:00 important warning01:10 Are uranium stocks done crashing?06:25 Will the uranium equities outperform the spot price over the long term?11:30 Are the largest gains in uranium stocks still ahead of us or are they behind us?15:10 Are we in the 6th inning with uranium stocks?18:30 When does Rick Rule go all in?24:00 When will Rick Rule sell all of his uranium stocks?27:45 How does Rick Rule value uranium exploration stocks?35:00 Is Kazatomprom still the best risk-reward in uranium?39:00 Does sentiment in uranium matter to Rick?42:00 What matters most in uranium today?44:00 Is Rick still bullish on platinum?46:40 Is oversupply an issue for platinum?48:30 How would Rick Rule approach platinum investing?50:00 Which jurisdiction makes sense for platinum investing?52:00 Rick Rules holding a symposium. Rule often talks about how he bought intoPaladin Energy (ASX:PDN)at 10c per share back in the mid-2000s. Read our privacy policy for more info. Rick Rule: You asked the question exactly correctly, so thank you. The information you requested is not available at this time, please check back again soon. A major shareholder of Ritchie Bros. Auctioneers Inc. filed with the U.S. Securities and Exchange Commission (SEC) Wednesday in opposition to its proposed takeover of IAA Inc., an auto parts auction company. His research is intensive, and that is why he is a trusted Global resource in the industry. Looking forward three or four years, new plant construction, particularly in China but really spread all around the world, is sufficient that the Japanese become less and less relevant. We participated in a $0 . So thats why it came down to uranium. 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. Its wise to wonder whats going to happen, and to take advantage of growth while also being prepared for crisis.
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