SRUUF
Sprott Physical Uranium Trust
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$406K -> $689K on SRUUF. Uranium about to go NUCLEAR
What are your thoughts on Uranium plays?
Uranium price jumping higher due to shortage in spotmarket that can't be solved in 1 year. Just in: 91.50USD/lb. Soon uranium > 100USD/lb
Uranium price jumping higher due to shortage in spotmarket that can't be solved in 1 year. Just in: 91.50USD/lb. Soon uranium > 100USD/lb
Sprott Physical Uranium Trust (ticker SRUUF)
A global nuclear renaisance in progress. While the global uranium supply is in a structural deficit that can't be solved in a year time. And the uranium mine share prices (and Uranium sector ETFs) have some serious catching up to do compared to the uranium price - Why?
A global nuclear renaisance in progress. While the global uranium supply is in a structural deficit that can't be solved in a year time. And the uranium mine share prices (and Uranium sector ETFs) have some serious catching up to do compared to the uranium price - Why?
Global Nuclear Power Rennaissance accelerating and more unexpected license extensions, while global uranium supply can't keep up with demand. And this supply deficit can't be solved in 12 months time
ALKQ (ARK Autonomous Tech. & Robotics ETF) is buying Cameco!
And in the meantime the uranium price continues to increase + new urgent RFP coming in the market that will increase the upward pressure on the uranium price.
And in the meantime the uranium price continues to increase + new urgent RFP coming in the market that will increase the upward pressure on the uranium price.
Upcoming significant upward pressure on uranium price: Producers spotbuying + Uncovered reactors looking for short term delivery (9% price jump confirmed today) + New physical uranium fund Zuri-Invest (spotbuying starting this week?) - General market switching back in "risk on" mode in future
Major U-turn: Japan going from an important uranium seller to major uranium buyer for many decades to come + Yellow Cake and Uranium Royalty Corp buying more uranium + a couple possibilities
Big U-turn: Japan going from an important uranium seller to major uranium buyer for many decades to come + EnCore Energy quickly becoming biggest near term uranium producers in USA + F3 Uranium evolving from an explorer without any proven reserves to a developer with very high grade deposit
So let me get that straight: "The uranium spot buying vs spot selling in 2023” + a couple small caps
Big U-turn: Japan going from an important uranium seller to major uranium buyer for many decades to come (February 10, 2023) + Yellow Cake and Uranium Royalty Corp buying more uranium
Major U-turn : Japan going from an important uranium seller to major uranium buyer for many decades to come (February 10, 2023) + YCA and URC buying more uranium
As if the already existing global uranium supply deficit wasn't enough already, Kazatomprom (KAP) & JV partners, ~40% of global production, announced unexpected important production reduction for 2023 + YCA & URC buying uranium+Japan U-turn +overview:faster & faster growing global uranium supply gap
Comparison: The global uranium supply gap added today is close to 3 times the global uranium supply gap created due to the Cigar Lake mine flood in October 2006 + Yellow Cake announcing they will buy 1.5 million lbs too & take it off the market which increases pressure on the spotmarket even further
As if the already existing global uranium supply deficit wasn't enough already, Kazatomprom (KAP) & JV partners, ~40% of global uranium production, announced an unexpected important production reduction for 2023 on Friday => More uranium spotbuying coming! + A couple uranium investment possibilities
As if the already existing global uranium supply deficit wasn't enough already, Kazatomprom (KAP) & JV partners, ~40% of global uranium production, announced an unexpected important production reduction for 2023 on Friday => More uranium spotbuying coming! + A couple uranium investment possibilities
The uranium sector: A lot is changing the last 3 months at the demand side. The supply side isn't ready for this (An update: the actual additional uranium demand each event creates. It's impressive) + NEW: U-turn of Sweden + NEW: Germany extending the operations of 3 reactors
The uranium sector: A lot is changing the last month at the demand side. The supply side isn't ready for this.
The uranium sector: A lot is changing the last month at the demand side -> The upward pressure on uranium will increase significantly in the near future
The uranium sector: A lot is changing the last month at the demand side -> The upward pressure on uranium will increase significantly in the near future
An additional annual uranium supply gap of ~50,000,000lb, but not sufficient uranium production can be started ON TIME - Sprott Physical Uranium Trust
Was 7-1-2022 The V Bottom Day For Miners and Oil/Gas?
A good way to beat inflation in 2022/2024 + a multi-year contracting cycle at a time of a big global supply deficit.
The hiking cycle is almost over, why the fed is full of shit
Yellow cake leading the miners $SRUUF $U.UN $URA $CCJ etc
My letter to the western utility --> Effect is already visible in nuclear fuel cycle! --> Build up for a significant higher uranium price in the future
The uranium sector is evolving towards a growing global supply deficit, while the uranium price is still to cheap to incentivise new production + a couple uranium companies that have some catching up to do compared to peers
SPROTT Physical Uranium Trust creating the Supply squeeze to end all squeezes. Ft. CCJ
$DNN is about to go nuclear, literally! (Due Diligence)
Mentions
NVDA, TSLA, CSCO, GME, GOOG, AAPL, PLTR are my biggest holdings besides options. There are a few rocket / drone / AI / energy companies that I either have my eye on or have already started accumulating. I’m up almost 100% YOY on SMR, for example. It more than makes up for being down a few points on SRUUF, and I’m also up over 100% on URA.
GDXJ, SILJ, SRUUF. Moved deeper in harder commodities. Also started natgas and oil long positions.
GDXJ, SILJ, SRUUF. Deep in harder commodities. Also starting natgas and oil long positions
Sprott Physical Uranium Trust... flying. Stock ticker is SRUUF.
What's your uranium play next week? UUUU? UEC? SRUUF? CCJ?
UUUU or SRUUF? What's the play, regards?
Why not just buy SRUUF, i.e., physical uranium (oxide) in barrels at the conversion facilities?
Nuclear stocks (urnm) or physical uranium (SRUUF). Have a strong feeling a super cycle is forming in uranium on the back of AI, might not be now but in 10 years+ All the biggest players (goog, meta, Microsoft, Amazon) are buying land hand over first and working towards nuclear powered data centers
So I’m supposed to believe this is finally it for SRUUF?
TRUMP TO INVOKE WARTIME ACT ON URANIUM, SET TO SIGN NUCLEAR ORDERS Ticker SRUUF is the way to own uranium.
TRUMP TO INVOKE WARTIME ACT ON URANIUM, SET TO SIGN NUCLEAR ORDERS Ticker $SRUUF is the way to own uranium.
Agreed …ticker is $SRUUF in USA and $U.UN on the Canadian exchange
Uranium has been hot lately so why is (SRUUF) down overall 4% this year?
Buy SPUT SRUUF U.UN U.U and watch uranium prices rise! I'm still putting my paychecks in. Will continue until people are screaming the words "uranium squeeze".
URNM is a good ETF of both miners and the actual uranium commodity...if you want just the latter, then check out SRUUF (U.UN in canada).
👏 +1 for URNM (ETF) and SRUUF (the uranium commodity)
buy some Uranium for yourself: [SRUUF](https://finance.yahoo.com/quote/SRUUF/)
check out [URNM](https://finance.yahoo.com/quote/URNM/holdings/) holdings [SRUUF](https://finance.yahoo.com/quote/SRUUF/) for the commodity itself
[https://finance.yahoo.com/quote/SRUUF/](https://finance.yahoo.com/quote/SRUUF/)
[actualy can do that ](https://finance.yahoo.com/quote/SRUUF/)
SRUUF all day, buy the physical.
Imagine if we all bought SRUUF so the ATM is consistently activated and it buys up all the uranium available in the spot market...... squeeze time!
Doesn’t hold SRUUF and has large UEC position, so it heavily outperformed URA and URNM over past month
Forgot SRUUF. Trust that owns physical uranium
I'm in RR as well as SPUT (U.UN SRUUF, and URC UROY). After Putin bans uranium exports to the West I'll start selling 5% of my SPUT each week to buy URNM.
No mention of SPUT (Sprott Physical Uranium Trust; SRUUF, U.UN) in your list?
If you want spot uranium - SRUUF
URNM is a great ETF to get exposure to a basket of uranium miners. If you want exposure to just the uranium commodity itself, then you can buy the Sprott Physical Uranium Trust at the tickers SRUUF and U.UN.
The nuclear fuel cycle has potential for big gains and uranium is the trade there. The uranium ETFs URNM and URA …also the sprott physical uranium trust to get exposure to the actual commodity U.UN SRUUF .
What tickers in particular are you looking at? Commodity ETFs like SRUUF or URA? Mining plays like URNM or CCJ?
Interested in uranium plays and came across this post. How do you think URA compares to SRUUF? Is there any reason to prefer one over the other?
OKLO? I bought $SRUUF and $URA…
u/flatbroke10 Yeah SRUUF is a good way to get exposure to the physical uranium. I like some of the ETFs as well. FYI there's a good list of uranium due diligence at https://uraniumcatalysts.com. https://preview.redd.it/pezhui2u2urd1.png?width=1666&format=png&auto=webp&s=edc4ee65bb59a9ddfe7088d3fec3a3efc89d2005
SPUT (SRUUF/U.UN) is literally designed to squeeze physical uranium higher and higher.
For US Stock tickers: CCJ, UUUU, EU, NXE, DNN, URNM, UEC, URG. Personally focus on the ones actually pulling pounds out of the ground right now and can capitalize on the Uranium price movements. That leaves you with basically EU, UUUU and CCJ. NXE and DNN are supposedly going to start producing but that won't be for another 4 or more years so if you want something actually making money, It's UUUU, EU or CCJ. UEC and URG currently don't produce and pretty much just hoard uranium. SRUUF does this too but that actually works as a trust.
I bought the Physical trust SRUUF CCJ is the old stand by, but I dont like the amount of debt they're carrying. URNM and URA, both etfs, are a good basket of miners, and they have an awesome dividend
I mainly just play SRUUF and a few miners I did pretty in depth research on
OP has Sprott's Physical Uranium Canadian listing. The American ticker is SRUUF
Yea I think SRUUF is managed well and for a more speculative play I like UEC
SRUUF - Sprott Physical Uranium Trust
Check out Sprott Physical Uranium Trust (OTC: SRUUF)
PSLV, PHYS and SRUUF for metals and uranium ETF’s
Yeah, I’ve been totally mystified by the pullback in uranium. About a quarter of my portfolio is I’m SRUUF and I was up over 100% but holding because I’m expecting the uranium story to just be on its first leg and it’s been declining for like 6 months. Now I’m still up about 55% but what gives?! All the news is positive too. Averaged down on my UEC to $6.84 but down over 20%…it’s crazy that they shit the bed after poor earnings simply because they sat on their uranium stockpile instead of selling it. How is that bearish!? 
Had my comment removed for mentioning a cheap uranium stock lol. But yes I wish I loaded up on URNM when it was around the $30 mark, sadly money was right then. But there's always more room to grow. SRUUF is the uranium mineral holding right? I forget the word.
SRUUF is on the OTC market right? Never dabbled with them but I wish I bought a ton of DNN back when it was around $1 a share. Can't believe that stock shot up so hard.
Yeah. It just seems like it’s already run a lot. I meant to start buying 4 years ago and then got sidetracked. Started buying URNM now and might start buying SRUUF
Sure I have some NVDA, but I also have a bunch of CCJ , DNN, and SRUUF to be a diversified smooth brain.
LOL...so true u/fsckewe2 and u/AJDillonsMiddleLeg Well I'll chime-in...the ETFs $URNM and $URA are good ones to look at. You could also play the pure commodity itself with $U.UN $SRUUF (and there are dozens of junior miners). For a list of uranium catalysts, check out [UraniumCatalysts.com](https://UraniumCatalysts.com) https://preview.redd.it/j3ghoinajzrc1.png?width=1532&format=png&auto=webp&s=8305ff69d89d6dcc8549c865990a2c74c7ae8604
There is serious discussion at r/uraniumsqueeze about the upcoming importance of uranium as a commodity, and nuclear power as the bridge between fossil fuels and renewables. Up until recently uranium ETFs were on a tear, with SRUUF, the spot uranium fund ETF returning 80 percent in about 14 months. Nuclear is not the scary thing it was in the 60s, and uraniums energy density per gram is exponentially higher than any other resource we extract energy from. Couple that with most western countries earmarking or outright pledging to expand nuclear capabilities in the next decade, there's a solid chance that we see that subsector grow even more. Solar stocks seem to have petered out, but Sedg and Enph are two of the largest players. The problem is, no one has been able to figure out how to profit off solar, and profit is the engine that gets these things to take off. You could also look for renewable adjacent stocks..EVs were big for awhile, but now they aren't. That's about all I got lol
Time for everyone to start switching over to the Exponentially Growing URANIUM Energy Market.. We are just starting and it’s only the beginning. UUUU UEC NXE DNN SRUUF This is our Gold Rush era Moment. I sold my Real Estate to have Cash 💰for U stocks. Left 18 year corporate profession and cashed out 401K. I’m all in in Charles Schb (for Penny stock Uranium) and RH (for main stream U) BUY now, buy all the dips, HOLD, enjoy and watch the ride.
I’m more on that URA SRUUF nuclear war type shit posted outside Washington ready to be a wasteland raider.
Fine I'll buy some SRUUF just for you
Here's the spot uranium bid/ask: https://numerco.com/NSet/aBNSet.html Here's the way to buy physical uranium metal: https://sprott.com/investment-strategies/physical-commodity-funds/uranium/ Ticker: SRUUF
How will you explain to your children that you missed the early days of the URANIUM SQUEEZE because you were too busy buying the A.I. bubble that everyone and their dog is already buying? Physical uranium metal has gone from $50 to $110 in 6 months due to low supply and high demand, the supply/demand squeeze is just getting worse, and there is no solution for years. Ticker: SRUUF
This place is going to be a lot more fun when the URANIUM memes begin. Radioactivity, nuclear weapons, nuclear power... The memes will be great. Meanwhile the squeeze in uranium metal (not the miners!) has been in progress for 6 months pushing the price per pound from $50 to $110 on lack of supply and too much demand. You're missing it. Ticker: SRUUF
Here's physical uranium. The ticker is SRUUF. If I put $1 million in SRUUF at the beginning of 2023 how heavy would my bags be? Calculate it.
One World, One Theme, One Word: Uranium \\#Uranium \\#SRUUF \\#URNM \\#URNJ
SRUUF (the Sprott Uranium Trust) Strictly speaking, it's not a stock, it's a trust that owns uranium and so follows the market price of uranium. There's a systematic, multiyear shortage of uranium playing out now, and economic conditions have almost zero correlation with baseload power needs (this in contrast to oil, where in a recession you might get less jet fuel demand because there's less travel) Note that Uranium miners' price (You can buy ETFS that track them, like URNM and URNJ are highliy correlated to the price of uranium, but in a liquidity-driven market event they'll probably crash along with everyone else. That's why sticking with the pure play on the commodity is probably the best bet.
Sprott Physical Uranium Trust (ticker SRUUF)
Who's buying physical uranium (ticker SRUUF) ? Anyone? Bueler?
I've been long URA for two years now. Planning to hold for a long time. I just added SRUUF for a different kind of play on it. It's way up and I am behind, but I really don't care. The only way EVs get anywhere to 30, 40, let alone majority adoption, is if we have a huge grid overhaul and A LOT of flowing energy.
SRUUF or U.UN SPROTT physical uranium trust or SPUT. It’s pounds locked in a warehouse
Uranium has every makings of a GME repeat. Everyone is short from utilities to producers (like Cameco CCJ and Kazatomprom KAP) and they need to cover. With additional flows into physical uranium funds like SPUT (U.U U.UN SRUUF), this will be a squeeze unlike any others! 🚀🚀🚀
It's more complicated that this, but here's the simplified version: - Post Cold War, there was a program called Megatons to Megawatts to convert Russian nuclear warheads into enriched uranium that could be used in US power plants. The program ran for 20 years and a times created an excess of uranium. - After the Fukushima accident in 2011, Japan closed their nuclear power plants, so all their stockpiled uranium flooded the market. - There was so much excess supply that at times the spot price was less than half the marginal cost of producing uranium. Mines were shut down. Mining companies went bankrupt. - Because production decreased, there was a structural deficit, and it was inevitable that the price of uranium would have to rise at least to the marginal cost of production, if not higher. - The question was when. When would the excess uranium be consumed so that supply and demand would be more balanced so the price would rise? There are people who have been in uranium for 5+ years waiting for this to happen. - In 2021, Sprott created a physical uranium trust (SPUT/SRUUF) to buy and store physical uranium, with no current mechanism to sell it. That accelerated the inevitable price increase by soaking up more of the supply in the market. That's when I first started getting into uranium. - Since then, it's been a matter of timing, since no one really knows how much uranium is out there. But in the last 6 months, it's clear that there's not much left, and utilities are getting desperate. - It's not easy to mine uranium and it takes years to start mining. So there's no quick way to increase supply. - At the same time, nuclear power plants are relatively price insensitive, because the cost of uranium is a fraction of the cost of running the power plant. Even if the price of uranium increases 10x, they'll still buy it because it's even more expensive to shut down the reactor and re-start it in the future. - There will be a deficit this year and probably next year at least. - Spot price is the safest way to play it, then ETFs, then companies that are already producing uranium. I would stay away from junior miners, because they are using this opportunity to dilute like crazy and raise cash. By the time they start mining, if it even happens, the spot price will have spiked and come down already. If you want a great explanation of the uranium trade in laymen's terms, look up Kuppy, especially the video he did at the WNA conference in Sept 2023. If you want something deeper, look up Mike Alkin. He's been in this trade for more than 5+ years and is the expert.
UEC and UROY are riskier, but almost all uranium stocks will go up if the thesis plays out. The safest is physical uranium (SPUT/SRUUF or YCA.LN), then the ETFs (URA/URNM), then the major miners like CCJ. Preferably shares, or LEAPS if you must.
It's not too late. It's the same thesis as 2 years ago, except the excess spot supply is finally depleted. The spot price increased 10% in the last 2 days because Kazatomprom, the largest producer, confirmed that they would have production shortfalls this year and next. Kuppy already suggested this would be the case after the WNA conference in September, but it was confirmed yesterday. **Disclaimer:** People often ask me for tips because I was probably the first to call the short squeeze in 2020/2021 (see post history), but I rarely post because I don't want to be responsible for people losing money. So let me say this. Uranium may take some time to play out - there will be production shortfalls in 2024 and 2025. **I** **do not** **recommend short-dated options**, especially not on junior miners. The safest is physical uranium (SPUT/SRUUF or YCA.LN), then the ETFs (URA/URNM), then the major miners like CCJ. Preferably shares, or LEAPS if you must. **Not financial advice.**
UEC, CCJ , EU LEU , probably for miners. URNM URA more etf like And SRUUF for closest to direct exposure to the spot price
Kazatomprom is a very large miner I believe it’s included or was in the midst of being added to a fund (OTC ticker NATKY) UUUU is one of the largest in the US SRUUF for a physical trust URNM for large cap URNJ for small caps All three managed by Sprott URA if you like a mix managed by a different provider.
Urnm for bigger miners urnj for junior miners and SRUUF for a physical trust commonly referred to as SPUT (Sprott physical uranium trust) WSJ article is pumping this joint now so I’d wait a bit to get your toes wet if interested
Just buy the physical. #SPUT $SRUUF $YCA
Physical uranium (can be bought in U.S. as OTC ticker SRUUF) is rising parabolically just like in early 2007 (pre Great Recession) https://www.reddit.com/r/UraniumSqueeze/s/KfsgVvWPbm
SRUUF is U.U. but trades over-the-counter for U.S. investors, and I agree about tax, so it should be purchased in a Roth or IRA or 401K
So, none of you retail gamblers buy physical uranium? You just buy the miners? The Sprott Physical Uranium Trust trades on the OTC market for United States investors as SRUUF and this is completely below the ape radar? https://sprott.com/investment-strategies/physical-commodity-funds/uranium/
Well, there's a physical uranium trust (ticker SRUUF) in Canada and they can buy it Anyway, I guess this illustrates that almost nobody on Reddit knows or cares
Who here owns the Sprott Physical Uranium Trust (OTC ticker SRUUF if you're a U.S. investor)?
Ultimately, we’re here to make money, right? The nuclear pump is hard and real. Check out SRUUF and UNRJ. Totally unjustified gains compared to lithium losses. Up ~50% last 6 months. Someone has an industry-wide paid nut stroke going and you might as well ride the wave. Just look at The Nutty Professor posts in r/scienceandcoolthings to see the pump effort.
If nuclear replaced all the fossil fuel energy generation currently used all the uranium would be used up within a couple decades. It's not a long term solution. And most of the uranium mining equities are garbage companies. Just buy Cameco CCJ or SRUUF the physical uranium etf.
Hi, I can't give financial advice: But you could look at the uranium sector etf's and their holdings: [https://sprottetfs.com/urnm-sprott-uranium-miners-etf/](https://sprottetfs.com/urnm-sprott-uranium-miners-etf/) Based on my own investors profile, my biggest uranium positions are Denison Mines, Fission Uranium Corp, Deep Yellow, Kazatomprom, \~25% in US uranium miners (Encore Energy, Uranium Energy Corp, Energy Fuels, UR-Energy, Peninsula Energy) If you want exposure to the commodity itself without being exposed to mining risk: Sprott Physical Uranium Trust (U.UN, U.U, SRUUF) **This isn't financial advice. Please do your own DD before investing** Cheers
Hi, The uranium consumption is growing. China alone will be the cause of a \~30% global uranium demand growth in 2035 compared to 2021. But China is not the only one building reactors. India, Russia, Turkey, Egypt, ... Look it up on the webiste of World nuclear association Each year China finishes the construction of new reactors and start to produce electricity with it. But there is also something else in play at the moment. In the short term (0 to 24 months) there also is a important imbalance in the uranium spotmarket. The total amount uranium available for short term delivery is significantly lower than the total amount uranium needed for short term delivery. And in the longer term, to solve the existing structural annual global uranium deficit, a much higher uranium price than today and much time (it takes years to build a new uranium mine) will be needed to get global uranium supply and demand back in equilibrium. ​ To answer your question: Sprott has 3 products in the uranium sector: **Sprott Physical Uranium Trust (U.UN, U.U and SRUUF)**: holds physical uranium. This gives you exposure to the commodity itself without being exposed to the mining related risks. U.UN share price today trades at a discount of 4.60% over NAV. I have a position in U.UN. **Sprott Uranium Miners ETF (URNM)**: well diversified uranium sector etf 100% invested in the uranium sector. They hold position in the big uranium producers, physical uranium funds, small uranium producers, developers and explorers. **Sprott Junior uranium miners ETF (URNJ)**: well diversified uranium sector etf 100% invested in the uranium sector, excluding the big uranium producers. Other uranium sector etf's: URA etf, HURA etf, GCL etf, ... ​ **This isn't financial advice. Please do your own DD before investing** Cheers
I take it you've been reading Kuppy's research. This may work out in the next few years, but I wouldn't over index to that eventuality! That being said, I have a few thousand in SRUUF and U.U
Hi, I wanted to post the bigger picture first. After that, there are different ways to get exposure to the uranium bull run: It depends on your own investors profile. But in my opinion for new investors, that can only invest in 1 or 2 positions in the sector, why taking the risk of individual uranium company stockpicking? So the easiest way to get exposure to bull run in the uranium sector imo is through a position in: \- U.UN, U.U or SRUUF: Sprott Physical Uranium Trust gives you exposure to the physical uranium (the commodity) without being exposed to mining risk \- URNM etf: well diversified uranium sector etf 100% invested in the uranium sector \- URA etf: well diversified uranium sector etf 70% invested in the uranium sector \- URNJ etf: well diversified junior uranium mines etf 100% invested in the junior uranium mines. And if you want to choose an individual uranium company stock, you can look at the holdings of the URNM etf: [https://sprottetfs.com/urnm-sprott-uranium-miners-etf/](https://sprottetfs.com/urnm-sprott-uranium-miners-etf/) **This isn't financial advice. Please do your own DD before investing.** Cheers
;-) or you could take a position in Yellow Cake (YCA) or Sprott Physical Uranium Trust (U.UN, U.U or SRUUF) Cheers
Hi, I can't give any financial advice. It depends on your own investors profile. But in my opinion for new investors, that can only invest in 1 or 2 positions in the sector, why taking the risk of individual uranium company stockpicking? So the easiest way to get exposure to bull run in the uranium sector imo is through a position in: \- U.UN, U.U or SRUUF: Sprott Physical Uranium Trust gives you exposure to the physical uranium (the commodity) without being exposed to mining risk \- URNM etf: well diversified uranium sector etf 100% invested in the uranium sector \- URA etf: well diversified uranium sector etf 70% invested in the uranium sector \- URNJ etf: well diversified junior uranium mines etf 100% invested in the junior uranium mines. And if you want to choose an individual uranium company stock, you can look at the holdings of the URNM etf: [https://sprottetfs.com/urnm-sprott-uranium-miners-etf/](https://sprottetfs.com/urnm-sprott-uranium-miners-etf/) **This isn't financial advice. Please do your own DD before investing.** Cheers
Hi, ;-) I can't give any financial advice. It depends on your own investors profile. But in my opinion for new investors, that can only invest in 1 or 2 positions in the sector, why taking the risk of individual uranium company stockpicking? So the easiest way to get exposure to bull run in the uranium sector imo is through a position in: \- U.UN, U.U or SRUUF: Sprott Physical Uranium Trust gives you exposure to the physical uranium (the commodity) without being exposed to mining risk \- URNM etf: well diversified uranium sector etf 100% invested in the uranium sector \- URA etf: well diversified uranium sector etf 70% invested in the uranium sector \- URNJ etf: well diversified junior uranium mines etf 100% invested in the junior uranium mines. And if you want to choose an individual uranium company stock, you can look at the holdings of the URNM etf: [https://sprottetfs.com/urnm-sprott-uranium-miners-etf/](https://sprottetfs.com/urnm-sprott-uranium-miners-etf/) **This isn't financial advice. Please do your own DD before investing.** Cheers
Hi, I'm invested in the uranium sector like an uranium sector etf. I created my own diversified uranium sector exposure. It depends on your own investors profile. But in my opinion for new investors, that can only invest in 1 position in the sector why taking the risk of individual uranium company stockpicking? So the easiest way to get exposure to bull run in the uranium sector is through a position in: \- U.UN, U.U or SRUUF: Sprott Physical Uranium Trust gives you exposure to the physical uranium (the commodity) without being exposed to mining risk \- URNM etf: well diversified uranium sector etf 100% invested in the uranium sector \- URA etf: well diversified uranium sector etf 70% invested in the uranium sector \- URNJ etf: well diversified junior uranium mines etf 100% invested in the junior uranium mines. And if you want to choose an individual uranium company stock, you can look at the holdings of the URNM etf: [https://sprottetfs.com/urnm-sprott-uranium-miners-etf/](https://sprottetfs.com/urnm-sprott-uranium-miners-etf/) **This isn't financial advice. Please do your own DD before investing.** Cheers
**Part 2** ​ Important to understand here is that **uranium demand is price inelastic** How come? Gas cost represents \~70% of total production cost of electricity from a gas fired power plant. So when gas price goes from 100 to 200, the production cost of that electricity goes from 100 to 170. Electricity becomes too expensive and demand for electricity decreases where possible. With uranium that's different. Uranium cost represents only \~5% of total production cost of electricity from a reactor. So when uranium price goes from 50 to 100, the production cost of that electricity goes from 100 to 105. When uranium price goes from 50 to 200, the production cost of that electricity goes from 100 to 115. Also shutting a reactor down due to fuel shortage cost much more than paying 100 or 200 USD/lb for their uranium instead of 50 USD/lb. Those are the reasons why utilities don't really care about paying 100 or 200 USD/lb for their uranium, as long as they can keep running the reactor. ​ October 24th, 2023: Goehring & Rozencwajg: "Uranium at Inflection Point, Will Get Completely Out of Hand": [https://blog.gorozen.com/blog/uranium-market-update-forecast](https://blog.gorozen.com/blog/uranium-market-update-forecast) "*I think that it's entirely plausible to see uranium at US$300 in a spike*," Adam told the Investing News Network. "N*ow, that won't be sustainable, but it almost seems likely — you never want to say certain — that you're going to overshoot that US$120*." ​ **C. Is this already priced in the uranium company share prices?** I can't give any financial advice, but I can say this: 1. The uranium company shares (Uranium sector etf's) have been lagging the uranium price increase the last 2 years. How come? The general market was very bearish the last 2 years and that didn't impact the uranium price, but it impacted the share prices of uranium companies. 2. Based on the Enterprise Value in USD / lb uranium in resources ratio, I can say that the share prices of the most of the uranium companies today (uranium spotprice at 74 USD/lb) are significantly cheaper than their peers in February 2007 (when uranium spotprice was around 75 USD/lb) A couple examples: In February 2007 the share price of: \- Denison Mines gave a valuation of 21.42 USD to each pound uranium Denison Mines had in resources back than. \- Paladin Energy gave a valuation of 23.04 USD to each pound uranium Paladin Energy had in resources back than. \- Forsys Metals gave a valuation of 16.02 USD to each pound uranium Forsys Metals had in resources back than. Today the share price of: \- Denison Mines (Phoenix developer) (2.12 CAD/share or 1.53 USD/share) gives a valuation of only 6.43 USD to each pound uranium Denison Mines had in resources today. \- Global Atomic (DASA developer) (1.96 CAD/share) gives a valuation of only 1.08 USD to each pound uranium Global Atomic had in resources today. 1.08 USD/lb compared to 23.04 USD/lb for Paladin Energy in February 2007. 23.04/1.08 = 21x Not pretending that it will do a 21x, but 1.08 USD/lb is really cheap. \- Deep Yellow (developer of 2 well advanced mines, like Paladin Energy did in 2006/2007) (1.27 AUD/share) gives a valuation of only 1.44 USD to each pound uranium Deep Yellow had in resources today. 1.44 USD/lb compared to 23.04 USD/lb for Paladin Energy in February 2007. 23.04/1.44 = 16x Not pretending that it will do a 16x, but 1.44 USD/lb is really cheap. \- Forsys Metals (more advanced project today than it was in February 2007) (0.62 CA/share) gives a valuation of only 0.61 USD to each pound uranium Forsys Metals had in resources today. 16.02/0.61 = 26x. Not pretending that it will do a 26x, but 0.62 USD/lb is really cheap. \- ... If interested the easiest way to get exposure in the uranium sector in my opinion is through a position in the uranium sector etfs (URNM etf, URA etf, URNJ etf, HURA etf, URNM.L, URNU.L, URNP.L ) or the physical uranium funds (Yellow Cake (YCA) and Sprott Physical Uranium Trust (U.UN, U.U and SRUUF). **This isn't financial advice. Please do your own DD before investing.** Cheers
**Part 2** ​ Important to understand here is that **uranium demand is price inelastic** How come? Gas cost represents \~70% of total production cost of electricity from a gas fired power plant. So when gas price goes from 100 to 200, the production cost of that electricity goes from 100 to 170. Electricity becomes too expensive and demand for electricity decreases where possible. With uranium that's different. Uranium cost represents only \~5% of total production cost of electricity from a reactor. So when uranium price goes from 50 to 100, the production cost of that electricity goes from 100 to 105. When uranium price goes from 50 to 200, the production cost of that electricity goes from 100 to 115. Also shutting a reactor down due to fuel shortage cost much more than paying 100 or 200 USD/lb for their uranium instead of 50 USD/lb. Those are the reasons why utilities don't really care about paying 100 or 200 USD/lb for their uranium, as long as they can keep running the reactor. ​ October 24th, 2023: Goehring & Rozencwajg: "Uranium at Inflection Point, Will Get Completely Out of Hand": [https://blog.gorozen.com/blog/uranium-market-update-forecast](https://blog.gorozen.com/blog/uranium-market-update-forecast) "*I think that it's entirely plausible to see uranium at US$300 in a spike*," Adam told the Investing News Network. "N*ow, that won't be sustainable, but it almost seems likely — you never want to say certain — that you're going to overshoot that US$120*." ​ **C. Is this already priced in the uranium company share prices?** I can't give any financial advice, but I can say this: 1) The uranium company shares (Uranium sector etf's) have been lagging the uranium price increase the last 2 years. How come? The general market was very bearish the last 2 years and that didn't impact the uranium price, but it impacted the share prices of uranium companies. 2) Based on the Enterprise Value in USD / lb uranium in resources ratio, I can say that the share prices of the most of the uranium companies today (uranium spotprice at 74 USD/lb) are significantly cheaper than their peers in February 2007 (when uranium spotprice was around 75 USD/lb) A couple examples: In February 2007 the share price of: \- Denison Mines gave a valuation of 21.42 USD to each pound uranium Denison Mines had in resources back than. \- Paladin Energy gave a valuation of 23.04 USD to each pound uranium Paladin Energy had in resources back than. \- Forsys Metals gave a valuation of 16.02 USD to each pound uranium Forsys Metals had in resources back than. Today the share price of: \- Denison Mines (Phoenix developer) (2.12 CAD/share or 1.53 USD/share) gives a valuation of only 6.43 USD to each pound uranium Denison Mines had in resources today. \- Global Atomic (DASA developer) (1.96 CAD/share) gives a valuation of only 1.08 USD to each pound uranium Global Atomic had in resources today. 1.08 USD/lb compared to 23.04 USD/lb for Paladin Energy in February 2007. 23.04/1.08 = 21x Not pretending that it will do a 21x, but 1.08 USD/lb is really cheap. \- Deep Yellow (developer of 2 well advanced mines, like Paladin Energy did in 2006/2007) (1.27 AUD/share) gives a valuation of only 1.44 USD to each pound uranium Deep Yellow had in resources today. 1.44 USD/lb compared to 23.04 USD/lb for Paladin Energy in February 2007. 23.04/1.44 = 16x Not pretending that it will do a 16x, but 1.44 USD/lb is really cheap. \- Forsys Metals (more advanced project today than it was in February 2007) (0.62 CA/share) gives a valuation of only 0.61 USD to each pound uranium Forsys Metals had in resources today. 16.02/0.61 = 26x. Not pretending that it will do a 26x, but 0.62 USD/lb is really cheap. \- ... If interested the easiest way to get exposure in the uranium sector in my opinion is through a position in the uranium sector etfs (URNM etf, URA etf, URNJ etf, HURA etf, URNM.L, URNU.L, URNP.L ) or the physical uranium funds (Yellow Cake (YCA) and Sprott Physical Uranium Trust (U.UN, U.U and SRUUF). **This isn't financial advice. Please do your own DD before investing.** Cheers
URNJ. It's the uranium junior minors ETF. Politicians pay lip service to fighting global warming by over hyping wind and solar. Wind and solar cannot provide base load electricity and experts say that without economic storage, they will max out around 35% of total electrical storage. Nuclear will be greatly needed to reduce greenhouse gas emissions. Nuclear will undergo a renaissance for the next two decades at least. On top that, India is building new plants and China is building a large number of plants. Nuclear power plants planned for retirement all over the globe are being refurbished to extend their life. The market is starting to figure this out. Check out the price of SRUUF which is an ETF that holds actual uranium metal. The growth of Nuclear for the next two decades is the only sure thing I know. You could also consider buying URA out of the money long dated call options. Buy them when they are oversold as determined by the 14 day RSI combined with hitting the lower bound of the 20 day, 2 standard deviation Bollinger band.
Nuclear. SRUUF, UUUU are my picks
Took profits around +120% Im back in couple weeks ago, was waiting for a pullback which never game. SRUUF can raise additional capital to purchase lbs at spot market, launching it another +- 5$ Because the market is already so thin traded 
Tlt, btu, SRUUF, PBR. I’ve already said too much