With two major catalysts likely to boost spot prices, M&A activity afoot, new mines coming into production and new companies coming to market, the Mines2Capital analyst says well-positioned investors stand to benefit from what just may be a coming boom.
Uranium stocks got hammered last year in the wake of the Fukushima disaster. But now, roughly one year later, uranium mining stocks have finally begun to bounce back... just like we told you they would.
It was a rare opportunity to grill high level officials on top secret issues that I would have killed for during my days as a journalist for The Economist magazine. I guess arms control is not a hot button issue these days. I moved in for the kill.
Despite the Fukushima setback of last March, nuclear power is not a dinosaur industry of the past, according to the editor of Gold Stock Trades. In fact, he believes the world is reawakening to the need for nuclear power generation, which demands increasing amounts of uranium.
There have been few catalysts driving uranium stocks this summer. But the "Mercenary Geologist," believes that this market funk resembles the period that preceded one of the best junior resource bull markets ever seen.
Even in the face of problems at Japan's Fukushima Dai-Ichi nuclear reactor following a massive earthquake and tsunami, the Jennings Capital Mining analyst takes an upbeat long-term view on uranium prices.
Even if devaluing dollars and euros result from further bouts of quantitative easing, even if American and European economies remain in the doldrums, and even if the pace of China's growth slows, he says count on the commodities boom to continue.