This is a weekly commodity overview of the 36th week of the year, which covers September 4 through September 8.
Grant Isaac, CEO of Cameco, and I talked about their uranium production a couple of months ago. Watch here: • Uranium Fundamentals Have NEVER Been ...
In this episode, I was joined by Matt Geiger, portfolio manager at MJG Capital, James Sykes, uranium geologist, and Luc ten Have, founder of GoldDiscovery, a free app for resource investors.
Matt Geiger and I talked about Brazil & why 30% of his fund is invested there, West Africa & how he deals with the volatility of the situation, and the valuation of gold stocks & whether he thinks gold stocks are cheap.
James Sykes and I talked about Cameco's production issues, WNA's new uranium supply & demand model, Orano's decision to increase SWU capacity, the possibility for New Mexico to become the next uranium production hub, SMRs part in the uranium market, SPUT's new base shelf prospectus, and some more nuclear news.
Luc ten Have and I talked about hype in the junior market, and how to protect yourself from buying stocks that go down immediately after you bought them.
Timestamps
00:00 Skipping intros makes you soft
04:25 Market Movers
11:00 Is Copper oversupplied?
17:00 Matt has 30% of his fund in Brazil
32:00 Matt has exposure to West Africa
44:35 Are gold stocks cheap?
58:40 Cameco production cuts
01:02:42 A new source of uranium supply?
01:06:45 New uranium supply-demand report
01:13:50 Orano is growing its SWU capacity
01:19:11 New $250M SPUT prospectus
01:23:55 SMR & Nuclear news
01:31:11 Why are lithium stocks running?
01:41:15 How hope can disappoint in the junior market
01:57:11 3 takeaways from this 2h podcast
