The current rise in uranium is only simply the start, as investors are starting to realize that nuclear power is maybe one of the much more trusted, and secure, resources of base lots power and uranium supply is restricted, stated John Ciampaglia, Chief Executive Officer of Sprott Asset Administration.
" If you return a little earlier in time, state the last 10 years, the price of uranium, also at today's degree, is still about 50% less than where it was in 2011. I believe a lot of worth oriented investors are taking a look at that and also stating 'where else on the planet can we find a product that's still 50% of where it was one decade earlier, provided the appraisals we're seeing in almost every asset in the world'?" Ciampaglia told David Lin, anchor for Kitco Information.
Comply With David Lin on Twitter: @davidlin_TV ()
Adhere To Sprott Possession Management: @Sprott ()
0:00 – Place uranium vs. uranium supplies
3:38 – Uranium agreements
6:30 – Uranium macros
10:00 – Shift in public sentiment
11:51 – Hazardous waste
13:42 – Sprott Physical Uranium Count On Fund
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