May. 16 at 12:17 PM
ATH’s
U.UN ~ 33.70CAD/sh in January 2024
UEC ~ 8.60USD/sh in December 2024
(~8.15USD/sh in January 2024)
DNN ~2.42USD/sh in May 2024
(~2.11 USD/sh in January 2024)
CCJ ~ 62 USD/sh in December 2024
(~49 USD/sh in January 2024)
That’s how cheap U.UN at 22.50 CAD/sh is at the moment and why I and others are buying Sprott Physical Uranium Trust U.UN (SRUUF) and Yellow Cake YCA now
The upside potential on U.UN and YCA is bigger than in large market caps, while investing in mining stocks exposes you to mining related risks and investing in YCA and U.UN doesn’t
URNM has higher ATH than CCJ, thanks to U.UN, YCA & smaller market caps.
Not thanks to big market caps
While stock picking 1 big market cap expose you to much bigger concentration risk,than 1 URNM etf position
In meantime the commercially available above ground inventories that have been used since early 2018 to solve the annual primary deficit is now depleted
Tik tok tik tok…utilities
Cheers
$URNM $NXE $SRUUF $URNJ $EU