RE: Federal gov. plans4 Nov 2020 10:04
US - China trade war is here to stay for long term. US policy in general irrespective of who wins election is to become self sufficient in domestic Uranium production and stop relying on China and Russia for supply.
THR acquisition this year of Uranium & Vanadium deposits was a strategic Masterstroke in my view. With 350 nuclear reactors in pipeline globally to come online, there is a looming Uranium supply crunch right ahead.
During last supply crunch, Uranium prices shot up to $143 per pound. Look up what happened at Paladin Energy during last Uranium price boom. Share price went from 1p to $8-$10 a share.
We got massive UPSIDE from all other commodities including GOLD.
Ragged range Gold deposit could turn out to be a monster if those hills are also filled with GOLD.
Imho, Dyor.