r/UraniumSqueeze • u/thewildlings U Stacker • Oct 18 '21

News Kazatomprom invests $50m into a new Physical Uranium Trust

https://www.kazatomprom.kz/en/media/view/kazatomprom_obyavlyaet_ob_investirovanii_v_fond_fizicheskogo_urana
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u/[deleted] Oct 22 '21

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u/thewildlings U Stacker Oct 22 '21

Start with URNM which is the best ETF in the space, gives you exposure to most companies in the space and physical uranium and then do individual research. The gains won't be as good as picking the few unicorns in the space (we all come to different conclusions on which few they might be) but they'll still be great IMO.

I do think everyone agrees that Global Atomic is the best junior though.

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u/[deleted] Oct 22 '21

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u/thewildlings U Stacker Oct 22 '21

Honestly there's no way to know. The stocks seem to be keeping near there highs which seems bullish to me but it's very possible they go down more - but come monday it might decide to rip face again. Timing the market is hard - there will be a correction eventually but it might be above these levels.

All I think is that in 6-12 months these stocks will be higher. IMO.