Real bull market in uranium in sight
There should now be a combination of several factors that will lead to a higher uranium price. First, there are few high-quality uranium deposits. Second, there is political will to strengthen the nuclear industry, for example in the U.S., which wants to free itself from its dependence on imports. Other countries also want to be independent of others when it comes to uranium.
Overall, attitudes toward nuclear power have probably also changed. There is an increasing willingness to use this climate-friendly way of generating energy. This has come about not least because of climate change. After all, nuclear power is safe, clean and a reliable source of energy. The number of uranium producers is small, and a uranium deficit could arise.
Gerardo Del Real, president of Resource Stock Digest and co-founder of Digest Publishing, for example, predicts that the uranium spot price will rise quickly, to around $200 per pound, then drop to $95 to $100 and stay there for a while.
In some cases, uranium shares have also risen in price recently. Investments in junior uranium companies, like equity investments, always involve a certain degree of risk, but they could offer great opportunities. The uranium train has not yet left the station. What matters is the quality of the deposit and whether it has a first-class management team.
These conditions are likely to be met by IsoEnergy and International Consolidated Uranium.
IsoEnergy owns several uranium projects in Saskatchewan in the famous Athabasca Basin.
International Consolidated Uranium - https://www.youtube.com/watch?v=pfJv6yAcNMw - has not only uranium projects, but also gold projects in its portfolio.
Current company information and press releases from IsoEnergy (https://www.resource-capital.ch/en/companies/iso-energy-ltd/).
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