It hasn't just been a crazy week in the precious metals miners, the uranium stocks have been hard hit, too. On the surface, this makes zero fundamental sense so I tracked down Scott Melbye today in order to get an explanation.
Again, Scott is CEO of Uranium Royalty Corp. I'm a shareholder and Scott has been a guest on these podcasts before. Here are two links:
- This from February of 2021: https://www.tfmetalsreport.com/podcast/10699/special-podcast-scott-melby...
- This from May of 2021: https://www.tfmetalsreport.com/podcast/10699/special-podcast-scott-melby...
The stock has performed admirably in the time since we first discovered it and there have been multiple positive developments in the past few months. Here are just a couple:
- https://www.uraniumroyalty.com/news/uranium-royalty-corp-acquires-additi...
- https://www.uraniumroyalty.com/news/uranium-royalty-corp-expands-physica...
But uranium stocks, Uranium Royalty Corp included, have been taken to taken to the woodshed over the past few days. This seems unfair and overdone and Scott explains why. He also makes a compelling case for buying the dip.
But, of course, you should never take just my word for it and you must perform all of your own due diligence before even considering any sort of investment in anything. For Uranium Royalty Corp, you can start your homework by searching the ticker symbol "UROY" in the US and "URC" in Canada. From there, you might stop by the URC website and click these links:
- https://www.uraniumroyalty.com/portfolio/
- https://www.uraniumroyalty.com/news/uranium-royalty-corp-ceo-scott-melby...
- https://www.uraniumroyalty.com/investor-centre/presentation/
- https://www.uraniumroyalty.com/investor-centre/financial-reports/
Many, many thanks to Scott for taking the time to share this update today. Uranium appears to have a glowing future and his company is one I'm glad to own.
TF
This video was conducted on behalf of Uranium Royalty Corp, and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit: https://portal.goldstandardir.com/disclaimer/URC-1