Commodity Show Munich Part 2
Old trams, pure nostalgia - the raw materials fair in Munich has flair, no question about it. In the current environment it also provides suggestions for investors
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All the major precious metal dealers were in Munich for the raw materials fair. The stands were usually besieged by interested parties. That suggests good sales. The commodity derivatives specialists also attracted numerous interested parties. Whether physically deposited ETCs or certificates with a futures market background. These investment vehicles are certainly good for certain investor groups.
However, investors who were interested in investing in companies with a commodity background also got their money's worth - and not too tightly. Numerous companies were represented with their own or collection stands. The mining companies were often represented by their CEOs, CFOs and geologists, who gave presentations and answered questions about the projects.
Among other things, Aurania Resources - https://www.commodity-tv.net/c/search_adv/?v=298509 - and Uranium Energy were positive examples. Aurania's Lost Cities project in the Andes in Ecuador lies along a major trend in the barely explored gold-copper belt. Recent drill results have returned encouraging copper grades of four to seven percent and high silver grades ranging from 20 to 79 grams per tonne of rock.
Uranium Energy - https://www.commodity-tv.net/c/search_adv/?v=298604, represented at the show by CEO Amir Adnani, owns advanced and approved uranium projects in Texas, including a processing plant that is ready. Further uranium projects in Wyoming, Arizona, Colorado, New Mexico and Paraguay complete the uranium portfolio.
Current corporate information and press releases from Aurania Resources (https://www.resource-capital.ch/en/companies/aurania-resources-ltd.html) and Uranium Energy (https://www.resource-capital.ch/en/companies/uranium-energy-corp.html).
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