Yellow Cake Share Discussion Threads

[7kiwi] 26/10/2021 17:39

YCA raising $150m to buy ~3m lbs of Uranium.

1m lbs from KAP and 2m from Curzon who are getting it from CGN.

Interesting that the Chinese are letting some of their inventory go.

[idiotsinthedarkrizandlintard] 22/10/2021 09:07

Hahahahaha hahahahaha

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Hahahahaha hahahahaha

[idiotsinthedarkrizandlintard] 22/10/2021 09:06

Yellow cake and all miners will have a very healthy day today after the necessary consolidation yesterday.

[7kiwi] 22/10/2021 08:59

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Ah, that's better.

[idiotsinthedarkrizandlintard] 21/10/2021 15:51

So what was ramping? It is all factual - demand and supply is exactly as I have said - there is an imbalance.

Holding the physical asset via yellow cake is good and is part of a balanced portfolio for Uranium but the miners will outperform the physical asset given the leverage. Obviously the converse is true if the price falls.

Seems like being here for four days is sufficient to be far superior to a muppet like you who has been around the block.

You are idiot retails investors (fact) hence my name for you. You are lucky this story is not in mainstream because when it becomes mainstream and the other idiots in the dark 'Retail" investors rush in the resulting spike in price is the time for exit as the last incremental investor has appeared. You are on the right side of this trade by pure luck rather than any foresight or knowledge.

Now please go back to counting your beans. Thanks

[jonwig] 21/10/2021 13:47

@idiot - this isn't reddit/stocks, you know. Posters on this thread are experienced and know the uranium story. We don't need our enthusiasm ramping up like teenage memeies.

Post factual, helpful information and treat us like adults. You and your fellow ramper might then be appreciated.

Incidentally, this thread was started in July 2018 - we've been round the block. You've been an ADVFN member for under four days. Your style doesn't impress.

[idiotsinthedarkrizandlintard] 21/10/2021 13:02

YCA up 86% last year and I am very happy with it.

However my miners are up 300-600%. Best names are:

1) Uranium Energy Corporation
2) Energy Fuels
3) Denison Mines
4) Uranium Royalty Corporation
5) Paladin Energy

This is not even mainstream yet. A HUGE killing to be made here.

Given the current supply/demand imbalance - demand exceeds current supply by up to 40million pounds and it will take at least 2 years to bring idle mines on line (only if Uranium prices remain above the $45 mark) Uranium spot prices are likely to rise and by the end of 2022 should be around $100 mark (good selling point).

By that time the news should have become mainstream and the miners will be up another 3x at least. Good luck all - this is just the beginning.

[this tea tastes of chicken] 20/10/2021 15:23

Thank you for the replie, much appreciated.

[bmcb5] 20/10/2021 15:22

Thanks @bpdon. I should, and will look a bit closer

Edit: And I can purchase this, so definitely on my watch list

[bpdon] 20/10/2021 15:10

Hi @bmcb5. Regarding Mega, it has a market cap of circa $128M and its equity holdings in NexGen alone are worth considerably more than that ($149M) at the current share price Add in about $30M worth of equities in Toro Energy, Consolidated U, and UROY, and the discount is around 30% before you even consider the 2 properties they own.

Probably an over simplified perspective, but I own it hoping that the discount closes as and when the sector really hots up.

[bmcb5] 20/10/2021 14:14

@TTTOC, as above. My major holdings are GCL & YCA, but i also have some DML & UEX in Canada. DML look to be a potential M&A prospect to me. Also a big fan of NXE in Canada, and a few worth a look in Australia (BMN, BOE, DYL, PDN). Mega Uranium seems to have a lot of fans, but i haven't looked at it closely

[bpdon] 20/10/2021 13:43

@tttoc the safe miner play is to spread your risk via the main ETFs (if you have access to them). Global X (URA) and North Shore (URNM) have one. Alternatively Geiger Counter (GCL) is an LSE listed investment trust that has a basket of U related holdings.

I only hold YCA, GCL and Mega Uranium in that order of size. I added Mega because its basically a holding vehicle with exposure to a number of different U companies and assets some of which GCL doesn't hold.

If you are looking for serious torque then you need to go fishing in the developer and explorer space. John Quakes on Twitter shares his portfolio which might give you some ideas to research:

[this tea tastes of chicken] 20/10/2021 13:21

Holding here as an investor in physical w/0 the mining risk but for leverage who do you think are worth a half size punt in (miners) please?

[7kiwi] 20/10/2021 07:47

New YCA investor pres out:



Interesting that Shell Asset Management has made it on to the list of major shareholders.

[7kiwi] 19/10/2021 16:02

Tonsil,

9.9m lbs according to their last MD&A.

P21:

But they need at least some of it yo make their contractual commitments.

[tonsil] 19/10/2021 13:39

Apparently Cameco have 3.5 million pounds in inventory. Anyone confirm that?

[yupawiese2010] 19/10/2021 12:54

It isn't just Sprott who are active in stockpiling Uranium (1,150lbs purchased yesterday ) but also Uranium Royalty Corporation have entered into agreement to purchase 400k lbs of Uranium.

[idiotsinthedarkrizandlintard] 19/10/2021 06:09

$100 is now a medium target for Uranium. Also below a great site for spot.