Daniel Major: Building a Mine In a Uranium Bull Market Is Best Way To Capture Massive Gains

By govind friedland / April 25, 2017 / www.youtube.com / Article Link

Daniel sees two possibilities with the current uranium market, either slow and steady growth or what looks increasingly likely, that the price remains flat, as utilities fail to buy in, until the price explodes upwards.Due to Uranium being a commodity and the way pricing is structured, there is a lot of potential energy from the contract market. The buyers still have inventory and contracts, at the same time these contracts are starting to come off fairly quickly. The producers require a price above $40, so contract prices going forward are going to be considerably higher.During the last market cycle the two companies that did exceptionally well were Energy Fuels and Paladin.These two companies changed from being explorer/developers to producers, GoviEx is positioning to do the same. GoviEx has a big discount relative to it's peers due to perception, since it's in Africa, Daniel thinks this sentiment will change.The companies that deliver on construction during a bull market will produce the highest gains. GoviEx is one of only a few companies that already have permitted projects. Daniel discusses how GoviEx due to the type of industry and the projects location, is constructing a robust financing package that will attract investment and mitigate risks to debt holders.

Recent News

Major investment banks make major gold price upgrades

April 15, 2024 / www.canadianminingreport.com

Gold stocks near flat as equities dip

April 15, 2024 / www.canadianminingreport.com

Revenue estimates for gold stocks have remained relatively flat

April 08, 2024 / www.canadianminingreport.com

Gold stock valuations remain low even after price surge

April 08, 2024 / www.canadianminingreport.com

Gold stock to global money supply far from bubble territory

April 01, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok