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Uranium Report -Monday, June 12, 2023



Greetings my friends,


sorry guys I haven't blogged in the last few days but I went on a well deserved break.

The fact that I was on a break does not mean that I did not do anything for my subscribers.

On the contrary!

I have arranged new interviews of which you will be informed soon.

This week I am hosting these quests:

Tuesday: Thomas Lamb, Myriad Uranium $M.CN

Wendesday: James Sykes, Baselode Energy $FIND

Thursday: Dev Randhawa, Strathmore Plus and F3 Uranium $suu and $fuu

If you have any questions for them you can contact me on Twitter or send me an email on triangle-investor@outlook.com


We have 2 very interesting, must watch events this week and I invite you to check them both out.

First is on Wednesday at 11 AM ET hosted by Tracy (𝒞𝒽𝒾 )@chigrl, she is a CEO/Founder and Chief Market Strategist at Hilltower Resource Advisors LLC.

She will host Christian Timmins, Pegaus Resorces CEO, Justin Huhn @uraniuminsider and Peter de Vietien @peterdevietien, nuclear engineer .

Topic is of course #uranium and #nuclearenenergy.

Second big event is Jesse Day hosting Mike Alkin in his show. Interview up on Wednesday @ 8am PT / 11am ET. Jesse says it is his most epic uranium interview yet with Mike Alkin. It clocked in at over an hour and they go deep on the math to bring as much information as possible on the sector.

Thanks Jesse 🙏


As for today, #uranium stocks had a great day today thanks to uranium spot price which climbed up another 88 cents to hit a new 52-week high of $57.45/lb u3o8 according to Numerco.

Lets not forget we have inflation data and the Federal Reserve's interest rate decision this week so I am hoping that will not spoil this small uptrend that we have now.


 

MARKET DATA



📝 US/CANADA URANIUM STOCKS PERFORMANCE


Out of the 76 #uranium / #nuclearenergy related stocks listed in #Canada and #US


38 finished in green territory,


28 stocks flat


10 stocks finished in red territory.



The winner of the day is Power Metals with 12.77% gain and loser of the day is Basin Uranium with 16.67% loss.





 

📝 AUSTRALIA URANIUM STOCKS PERFORMANCE



Out of the 41 #uranium / #nuclearenergy related #stocks listed in #Australia,


9 finished in green territory,


19 stocks flat ,


13 stocks finished in red territory.


The winner of the day is Eclipse metals with 30.00% gain and loser of the day Enrg metals with 20.00% loss.



 

INDUSTRY NEWS


📝Grossi heads to Ukraine, aims to assess Zaporizhzhia situation


International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi is travelling to Ukraine to meet President Volodymyr Zelensky and says he also aims to assess the situation at the Zaporizhzhia nuclear power plant following last week's damage to the Nova Kakhovka dam.


Source:https://www.world-nuclear-news.org/


 

📝 US DOE announces USD26 million to support consent-based siting process


Thirteen project teams made up of university, nonprofit and private-sector partners will each receive about USD2 million to work with communities interested in the US Department of Energy's (DOE) community-based approach to storing and disposing of used nuclear fuel.

Source:https://www.world-nuclear-news.org/

 

📝 Škoda JS boss hopes Czech firms get big share of new nuclear work


Škoda JS Director General František Krček says he believes Czech industry could handle a majority of the work for new nuclear plants in the country - and says he also hopes for orders relating to small modular reactors within five years.


 

📝 Support agreement for Cernavoda 3 and 4 signed


The signing of the support agreement between the Romanian government and Nuclearelectrica allows the start of the next phase of the project to construct units 3 and 4 of the Cernavoda nuclear power plant.

 

COMPANY NEWS




📝enCore Energy Publishes 2022 Annual Report to Shareholders $eu


enCore announced today the release of its first Annual Report, now available on its website at https://encoreuranium.com/investors/annual-report/.

 


📝 Standard Uranium Announces Transition to Project Generator Business Model and Expands Land Holdings Along Mineralized Corridor in Southeast Athabasca Basin $stnd


Company announced the refinement of their existing exploration-only business model to a more expansive project generator model. This transition will allow the Company to be highly capital efficient through the engagement of joint-venture partners for development of the Company’s prospective land package and progress the Company’s exploration projects more quickly while retaining upside exposure to any discoveries.

 



📝NexGen Summer Drilling Commences - 17,000m $nxe


Nexgen announced commencement of the summer exploration drill program comprised of 17,000 metres on its 100% owned SW2 and SW1 properties in the southwest Athabasca Basin, Saskatchewan. Geophysical surveys and historical drilling review have refined prospective areas for immediate drill testing.


 

📝 F3 Begins First Hole of Step Out Drilling at PLN $fuu


F3 Uranium announced that the summer drilling program at its 100%-owned Patterson Lake North ("PLN") project has begun. The extensive summer program will expand on the successful winter program with one drill continuing JR Zone step-out drilling and a second drill exploring for new zones of mineralization. F3 will also conduct an airborne electromagnetic geophysical survey over the majority of property to develop new exploration drill targets.

 

INTERESTING TWEETS/VIDEOS


This guy @uselinkv is for me go to when it comes to technical analysis.

He has a YouTube chanel where you can see a lot of great videos on TA.

It is free and you can learn a lot.

Here is a great video on uranium micro cap stocks which he relased yesterday.

Enjoy!




Thank you for your attention.



triANGLE INVESTOR








 

IMPORTANT DISCLAIMER: None of this content is a financial advice of any kind or solicitation to buy or sell any equities or other financial products. This contetnt is only for educational and/or entertainment purposes. Do your own deep research before making any financial decisions. I may own stocks mentioned in this content.

Investment in stocks can lead to a big financial loss so do not invest or listen to any advices before you consult your financial advisor.

 


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