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Uranium - also a topic at the Vancouver Resource Investment Conference


Von Swiss Resource Capital AG

For the 28th time, the Vancouver Resource Investment Conference was held in Vancouver.

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It is a renowned junior event in the mining and exploration industry. More than 100 speakers are usually on hand there, as well as thousands of participants and investors. Of course, this time uranium was one of the topics. Rick Rule, the co-founder of Sprott Asset Management and a legend was also there to talk about uranium. Back in the fall, Rick Rule caused a stir when he said "either uranium prices go up or the lights go out." There is optimism now about uranium and quality stocks. Positioning in high quality uranium, also lithium or copper stocks, also gold stocks is something investors should own at this time. The uranium bull market is still at a very early stage, an advantage to be taken advantage of now. For uranium experts, we are in the first third of the uranium bull market. And many have not yet recognized this, but on the other hand, this also offers opportunities for investors who are in at the right time. A pound of uranium currently costs a good 50 U.S. dollars, and the price could soon continue to rise. Power plants are being built and planned in large numbers, almost worldwide.

 

Decarbonization, energy security and electrification argue for strong uranium demand in the coming years. Small Modular Reactors (SMRs) now appear to be winning the day. They are smaller but advanced next-generation reactors. They are cheaper and more efficient than large plants. In the U.S. alone, some 300 SMRs are expected to be built over the next 25 years, capable of powering half of U.S. homes. In addition, conventional nuclear reactors will be built and the operating lives of existing nuclear power plants will be extended. Uranium should therefore be in demand, and uranium companies such as IsoEnergy and Consolidated Uranium will profit from this.

 

IsoEnergy has excellent uranium projects in the Athabasca Basin in Saskatchewan, including the particularly prospective Hurricane property.

 

Consolidated Uranium - https://www.commodity-tv.com/play/newsflash-with-victoria-gold-calibre-mining-consolidated-uranium-cypress-development-and-alpha-lithium/ - has added additional uranium lands to its uranium properties in Canada, Australia and Argentina through the full acquisition of Virginia Energy.

 

Current corporate information and press releases from IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -) and Consolidated Uranium (- https://www.resource-capital.ch/en/companies/consolidated-uranium-inc/ -).

 

 

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/



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