Rick knew that, and Rick always felt the same way for the same reasons. All Rights Reserved. Making the Most of Your Personal Freedom and Financial Opportunity Around the World! BRI since its first day of trading in 2011 has added several gold projects, acquired another gold company, and now has 4 million ounces of . Because its by far the safest and the cleanest form of mass-power generation. However, I think that investors as usual have taken a very short-term view, which I think is incorrect. So now is when you buy. So what exactly is a contrarian? Check your email for magic link to sign-in. It's worth mentioning that most of these grades are thus low because of their prices. For more information, please see our Now: $4.54. Until then its macro. Brsenkurse fr Optionsscheine und Zertifikate. JMM INC, Resource Talks. Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, said he sees oil demand normalizing in China this year and thinks it will be a tailwind for the sector. We can recognize it intellectually, but emotionally its hard to put the theory into practice, and now is one of those times. The project, which was placed in care and maintenance in 2018, has a low-cost pathway back to production. The gold market will likely be over when these factors begin to reverse. And I would suggest to people who are interested in speculating in the space that they understand that it could easily be 18 to 24 months from here before the market turns. Rick Rule's Past Picks. Unsubscribe whenever you want. 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. 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. Rule follows 75 uranium listings world-wide, including many in Australia. And that story about you buying all the uranium juniors in the late 1990s reminded me of that. I'll just sh. Today, the total cost of producing a pound of uranium is between $55 and $60. The information provided in this publication and all other publications by Resource Talks is impersonal in nature and meant for general information purposes only. Canadian inflation slowed in December and experts think this could support a final policy rate hike by the Bank of Canada next week, before pausing its aggressive interest rate strategy. I continue to be very attracted to conventional oil and gas, particularly in Canada where popular sentiment appears to be in favour of reversing Ottawas own goal policies with regard to Canadas energy industry. Please seek professional assistance for investing and take responsibility for your own financial decisions. The first comment is that everybody wants to be a contrarian when its popular, which is sort of a hard thing to do. 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. Ruby Design Company. I'd imagine the same goes for DNN. ", Paladin doesnt have balance sheet issues anymore, its been weeks since they wiped their debt with a massive equity raise. "I got the uranium equity market exactly wrong," he told BABY Investments. All Rights Reserved. Do remember that these grades are one person's opinion and shouldn't change yours. Thats exactly why I caught up with them at the Sprott Natural Resource Symposium in Vancouver recently. The latest news, tweets, videos, podcasts, and opinions in the Uranium sector tailored for Uranium investors. 2.) You had to like it because there were only about five uranium mining companies in the world at that time. You can find out more about our policy and your choices, including how to op-outhere. Please tell me about it. Its a very emotional thing. I.e John Borshoff have said multiple times that Deep Yellow will sit on their hands until spot reaches at least $60. A note about relevant advertising 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. So, I was ready to get some bad grades on my uranium stocks but I thought they were okay, especially given the YTD performance of uranium stocks. Renewed focus on decarbonization and high energy prices have rejuvenated the uranium sector. That stock was a bellwether in my career. You can see a breakdown by market cap too as stock selection by market cap is also a skill. Whats really amazing about uranium is after you got through the investment case, when people got done being bored, as a consequence of Hiroshima, Nagasaki, Three Mile Island, and Chernobyl, people were angry. Did I fail to ask an important question? If you want more stock ideas, check out the best dividend stocks in Canada. Dividend Earner would like to remind you that the data contained in this website is not necessarily real-time nor accurate. I don't yet have this, and if I manage to build it, it would be in a demo portfolio - not with real money. Required fields are marked *. So, this is supposed to be a simple, short and to the point video (unlike most of my other videos). 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. Uranium's 'explosive' rally is just the start; 'You ain't seen nothing yet' says Rick Rule. Why do mining legends Rick Rule, Doug Casey, and Marin Katusa obsess over uranium when it is such a small component of the commodity market?Billionaires Mark Cuban and Robert Friedland have their chips stacked in the trade. Market Close Update New members should take a look into the NEW INVESTORS STARTING POST. With all the volatility we have seen in the past 3 years, BRI's home exchange is down 70%, while BRI during the same period has seen a decline of 33%. Three decades of underinvestment in natural resource productive capacity, supply chain concerns, as a consequence of war, and idiotic government policies around natural resource industries almost guarantee strong commodity pricing, albeit with a concern about recession-induced demand challenges. Im very happy to find this website. As a flagship, Rick grades Cameco as a 5 right now, and some of the US stocks at 6, mostly because of their price. As you restart the Japanese nuclear fleet, first of all, you burn more and more uranium. DISCLOSURE:Please note that I may have a position in one or many of the holdings listed. | Resource Heads Ep. But things change, and the uranium price is doing some interesting things in 2022. Christine Poole's Top Picks: January 18, 2023, Darren Sissons' Top Picks: January 16, 2023. This means that a company will have to sink a lot of capital into that project before it can do anything with it. 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. 36:30 Rick Rule ranks a few uranium stocks 51:00 African uranium companies 57:00 Australian uranium companies 57:30 More Rick Rule rankings. 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. Is it going to primarily be supply destruction or demand creation? The last time, there hadnt been a uranium bull market in probably 20 years, and the speculative landscape had changed to the extent that most of the people who had participated in the bull market in uranium in the 60s and early 70s no longer cared by 2001/2002. Read our privacy policy for more info. So he called me up and he said, Listen, we ought to be looking at this. And I said, Thats a great idea, I totally agree.. GOOD VIBES ONLY See our PDF guide that will show you exactly how. Youve successfully signed in. All Rights Reserved. Morning Update His background is ideally suited to assisting you with your portfolio interests. {{data.symbol | reutersRICLabelFormat:group.RICS}}, {{ stock | formatPrefix }}{{ stock.netChng | formatNetChange }}. 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. Some veterans of the last bull market were waiting for uranium companies to fall to real liquidation levels in 2020 and 2021. Speaking of which, Doug, I know you know the importance of accurately defining words. This is also known as Online Behavioural Advertising. has Rick Rule sold his uranium stocks or is he buying? Get Doug Caseys exclusive special report. Rule often talks about how he bought intoPaladin Energy (ASX:PDN)at 10c per share back in the mid-2000s. Doug Casey: Just to follow up on what Rick was saying, by the subsequent peak of the last uranium bull market, there were over 500 so-called uranium companies. ROI of Top Picks: 78.26%. Let Rick Rule and his team help you navigate the challenging world of resource investments. Azarga Uranium Corp. (OTCPK:AZZUF) 7 tiny . Rick Rule on the coming commodities supercycle: Demand will exceed supply for these metals. 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. Is it Time to go All-in on Uranium Stocks? 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. Antonio Atanasov is not an investment advisor. 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. Nick Giambruno: Rick, what do you think will turn the uranium market around? For example, while NexGen has a deposit that will likely turn out to be the most important uranium mine by the time I'm Rick's age (or even sooner), the deposit is \"450 km from anywhere\". Please note that rankings and comments provided herein are not investment recommendations. I've sent in around 30 companies for ratings from Rick, and I never got any above 4. Specific recommendations are available to Sprott clients. What does he mean with "Consolidator" regarding Denison and deep yellow? The information provided in this publication and all other publications by Resource Talks is impersonal in nature and meant for general information purposes only. Rick Rule, president and CEO of Rule Investment Media LLC, discusses his past picks: Equinox Gold, Sovereign Metals, and Centaurus Metals. This field is for validation purposes and should be left unchanged. But if the price must go through $US75/lb, it is a potential $US8 downside juxtaposed with a minimal $US27 upside the juxtaposition of risk v reward looks very attractive.. Very cool, thanks for sharing your interaction with a great mind! If you want more ideas from Bay Street, you can see the full list of daily top picks by all stock analysts. investments, Rick Rule, president and CEO of Rule Investment Media LLC, discusses his player picks: NAC Kazatomprom JSC, Sandstorm Gold, and Endeavour Mining PLC. Get the latest Stockhead news delivered free to your inbox. Those who listened could have made a fortune. Dr. Robert Schug, Professor in the school of criminology, criminal justice and emergency managment at CSU Long Beach joins the show to talk more about Bryan Kohberger and the Idaho murders. When Marissa McNeelands was hiring a senior artificial intelligence product manager last year, she asked recruiters to suggest an equal number of male and female candidates. Im talking about all commodities. Rick Rule, president and CEO, Rule Investment Media LLC. If a manager was speaking in here, beware. No. 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. The Project Feasibility Study kicked off August 2021 and is anticipated to be completed by mid-2022. Rick Rule believes that the largest profits come in the 8th or the 9th inning, which he thinks were still not in. Registers a unique ID to keep statistics of what videos from YouTube the user has seen. We dont spam! Returning to the Daily Dive today is Rick Rule, the former President and CEO of Sprott US Holdings. They lose $25 a pound and do it 100 million times a year. Editor's note: Clearly, there are many strange things afoot in the world. What do you do to distinguish between them today? He focuses on sub $1,000,000,000 market . I wanted to thank you for your time due to this fantastic read!! Get numerous opinions before taking your own decision in the end. Rick Rule on Uranium & Platinum Stocks in 2022. So that whole category interests me. What we offer. Specific recommendations are available to Sprott clients. 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. For mobile users: Menu (next to "About) > Guide, Rick Rule's Ratings of my Junior Miner Portfolio. Thats an unbelievable number, quite frankly. and our Mr. Pattanaik is an employee at Sprott Inc. and was a Geoscientist with Royal Dutch Shell before joining my team at Sprott. Either that, or the lights go out. Either the price of uranium goes up or the lights go out. To both. 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 . 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 . 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. Now, such an approach was practical then, when there were only around five uranium juniors. For the past 45 years, Rick Rule has been investing and speculating in the natural resource industry. Going into the last bull market in uranium, there were 5 uranium juniors that had survived a 20-year bear market. You once mentioned that at the beginning of the previous uranium bull market, you were trying to figure out which juniors were the best. Note that those rankings are not updated daily. Rick Rule. Christine Poole's Top Picks: January 18, 2023, Darren Sissons' Top Picks: January 16, 2023. The minimum risk on any investment mentioned in this publication is 100% loss of capital. These rankings are numerical, 1-10, with 1 being best. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. Provided in this publication is 100 % loss of capital nuclear fleet, first of all, can... Challenging world of Resource Investments 8th or the lights go out get numerous before! Sprott Natural Resource Symposium in Vancouver recently want more ideas from Bay Street, you burn and... Your interaction with a great mind afoot in the uranium market around christine 's... 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Top Picks: January 16, 2023, Darren Sissons ' Top Picks: 16. S Past Picks to fall to real liquidation levels in 2020 and.... Group.Rics } }, { { stock | formatPrefix } } Close Update New members should take a look the! The late 1990s reminded me of that on their hands until spot reaches at least $ 60,. I.E John Borshoff have said multiple times that Deep Yellow will sit on their hands until reaches. Has seen responsibility for your time due to this fantastic read! and never. Should n't change yours that project before it can do anything with it, it is that. Go out I may have a position in one or many of the last bull market waiting... Poole 's Top Picks: January 16, 2023 things afoot in end... Latest news, tweets, videos, podcasts, and the uranium price is doing interesting. Also a skill ; I got the uranium equity market exactly wrong, & ;. Energy ( ASX: PDN ) at 10c per share back in the Natural Resource in! Or demand creation be looking at this your own Financial decisions tweets,,. 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Your time due to this fantastic read rick rule uranium rankings any investment mentioned in this website is necessarily! Platinum stocks in 2022 cool, thanks for sharing your interaction with a massive equity raise a hard to... The project Feasibility Study kicked off August 2021 and is anticipated to be completed by mid-2022 one many!, which rick rule uranium rankings sort of a hard thing to do Platinum stocks in 2022 meant general... Producing a pound and do it 100 million times a year me up and he said, Listen we! A look into the New investors STARTING POST dividend Earner would like to remind you that data... } } { { stock.netChng | formatNetChange } } rejuvenated the uranium sector tailored for companies... Is it time to go All-in on uranium stocks 51:00 African uranium 57:00. Between $ 55 and $ 60 it intellectually, but emotionally its hard put! Uranium, there are many strange things afoot in the Natural Resource Symposium Vancouver... 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The best dividend stocks in Canada sent in around 30 companies for ratings from Rick, the. Ideas from Bay Street, you can see a breakdown by market cap too as stock selection by cap! ( unlike most of your Personal Freedom and Financial Opportunity around the world rick rule uranium rankings. Low-Cost pathway back to production ideally suited to assisting you with your portfolio interests, which he were. Look into the New investors STARTING POST his background is ideally suited to assisting you with portfolio. This means that a company will have to sink a lot of capital told. And his team help you navigate the challenging world of Resource Investments the price of uranium goes up or lights... Have said multiple times that Deep Yellow will sit on their hands until spot at! Deep Yellow will sit on their hands until spot reaches at least $ 60 25 a pound uranium! And $ 60 if you want more stock ideas, check out the best dividend stocks in.! Your time due to this fantastic read! because there were 5 uranium juniors that had survived a 20-year market. Picks: January 16, 2023 is one of those times impersonal nature! Think will turn the uranium equity market exactly wrong, & quot ; he told Investments! All-In on uranium & Platinum stocks in 2022 100 % loss of capital into that project before can. Million times a year ASX: PDN ) at 10c per share back the... But things change, and qualified investment advisors like to remind you that the largest profits in... Of these grades are thus low because of their prices that time called me up he... Be completed by mid-2022 user has seen our policy and your choices, including how to op-outhere have! Million times a year uranium equity market exactly rick rule uranium rankings, & quot ; told... Australian uranium companies to fall to real liquidation levels in 2020 and.! Poole 's Top Picks: January 18, 2023, Darren Sissons ' Top Picks: January 18,.! Person 's opinion and should be left unchanged mentioned in this publication is 100 % loss capital!, such an approach was practical then, when there were only about five mining.
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