Last year, I mentioned I was looking into UEC to invest in and at the time of the post UEC was about 90 cents to a dollar range. I made this stock a huge percentage of my portfolio (half roughly) and it has turned out well. My average cost is 1.4 and I am up about 40 percent percent so I am very happy. I made this call a year ago and this was near the bottom of the uranium market. I knew the price of uranium would cost production to drop huge which it has as 3 major drops in production were announced in 2017. The uranium stocks will continue to go up. I also took a small position in sky harbour resources which marin katusa owns 15 percent of assuming nothing has changed since last time I emailed the company. This sector in a couple years will be on fire with huge rewards to investors. Make your own investment decisions, I am heavily exposed to this sector already so I wouldn't be putting in my own money at the current prices of uranium stocks but thats because my total portfolio is about 60 percent uranium stocks. Do your own research but pay attention to my posts for potential stock picks that should be watched. I mentioned trek mining (which is now equinox) when I got back from the gold and silver summit in san francisco. 3 big names of investors I like mention this stock. The like it since Ross Beaty is on board (and buying more shares) and one of the copper/gold projects the company owns. This went from 1 dollar when i mentioned it, to 90 cents and as of closing, I believe it is 1.16. At this price, I still like this stock. At two dollars, its a hold for me.
Not all the stocks I have mentioned have been winners like USAU which went down greatly like USAU which went from 3 dollars to 1 dollar and now back to two dollars. I mentioned this stock because it was being promoted by future money trends and frank curzio. I still like the stock, but I don't like exploration stocks so I don't own any for that reason, but it has big potential if they strike well.
Of course everyone, do your own research before investing, your money is your responsibility. This is a highly risky sector where you can lose all your money in hopes of making 10x it. Happy investing everyone. I will do my best to bring good names on this post so you can have a watch list and do research of your own to make buying or selling decision.
