Wednesday 28 June 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


Uranium Exploration Companies will Continue To Make Impressive Gains

By Tom Winnifrith | Saturday 11 March 2017


 


Hans Peter Zihlmann has been a portfolio manager for a long time and remains excited about uranium even after its good performance over the past year. His Timeless Uranium Fund is up 34% since uranium bottomed in November, and from the beginning of this year it is up 40%. His fund covers the entire uranium sector, with exploration currently being most attractive. Recent days have shown a drop in the price of uranium with a corresponding drop in stocks, Peter remains unconcerned as demand is increasing due to China, India and Russia building reactors. Since companies cannot be profitable in production due to the uranium price being so low, he remains very bullish long term.

He is quite optimistic about the potential of the coming cycle and expects to see uranium at $60 and above, previous market cycle highs are likely to be tested. Several uranium company stocks are discussed that have a focus on exploration as they have seen great performance. This is all explained in the latest podcast from Palidsade Radio.


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