Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Investing

Rick Rule: Easy Uranium Money Has Been Made, How to Position Today

by November 8, 2023
November 8, 2023
Rick Rule: Easy Uranium Money Has Been Made, How to Position Today

At the New Orleans Investment Conference, Rick Rule of Rule Investment Media discussed sentiment among the juniors, his outlook for the US economy and how global conflicts are affecting sectors like gold and oil.

He also weighed in on uranium, saying that while the ‘easy money,’ is off the table, the sector has gained considerable structural strength in the last 18 months. In his view, it’s now time for the ‘real money’ to be made.

‘Right now you have to focus on real companies doing real things. Companies like NexGen Energy (TSX:NXE,NYSE:NXE) and Fission Uranium (TSX:FCU,OTCQX:FCUUF) that will be taken over. Companies like Boss Energy (ASX:BOE,OTCQX:BQSSF) that are in production and will enjoy much higher prices than their feasibility studies suggested they would enjoy,’ Rule said on the sidelines of the event. ‘Legitimate companies that don’t enjoy share price escalation will be taken over by companies that have a lower cost of capital. After that real money has been made, we’ll go into the big money, which is the speculative blow off that we saw in the 2008 to 2010 timeframe.’

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
Thousands of schools are turning to apps to fight bullying and violence. Do they work?
next post
Helium Stocks: 5 Biggest Canadian Companies in 2023

Related Posts

Lithium Universe Launches Share Purchase Plan

March 19, 2024

FPX Nickel Announces Battery Supply Chain MOU with...

September 23, 2023

Juggernaut Further Increases Oversubscribed Financing to $9,557,000 due...

April 26, 2025

Finlay Minerals Receives TSX Venture Exchange Approval for...

May 3, 2025

Lithium Market 2023 Year-End Review

February 20, 2024

CanAlaska Announces up to $7.5 Million Private Placement...

November 21, 2023

Successful Completion of A$12 Million Share Placement

March 28, 2024

Tesla Delivers Highly Anticipated Q1 Results, Musk Promises...

April 24, 2024

Bold Ventures Completes Electromagnetic Conductor Modelling at Farwell...

April 30, 2024

WESTERN COPPER AND GOLD RECEIVES ASSESSMENT GUIDELINES FOR...

September 14, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Fed Watch: Key Bullish Patterns in the S&P 500, Utilities, and Crypto

    • Three Charts to Watch for an “All Clear” Signal

    • Use This Multi-Timeframe MACD Signal for Precision Trades

    • The Unpredictable Stock Market: How to Make Sense of It

    • Crypto Market Recap: New Hampshire Launches First State Crypto Reserve, Trump Stirs Controversy

    • SAGA Metals Extends Claims at the Radar Ti-V-Fe Project –Securing the Entire Titanomagnetite-Bearing Intrusion

    Categories

    • Business (1,181)
    • Investing (2,402)
    • Politics (3,699)
    • Stocks (1,551)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved