Value Microcaps Junior Miners

[dr_airtime]

EFR.TO/UUUU Energy Fuels & Uranium Rally

Nexgen has gone stratospheric, Cameco has bottomed and is the no-brainer multi-year hold if you think Uranium has hit a secular bottom in December. Looked around a bit this morning and Energy Fuels seems to be a good alternative. It has doubled off the sector bottom but still plenty of upside and has a good balance sheet from a $15M equity raise last year.

This SA article is a good introduction with a good comp. I am thinking about this now but no position yet.

http://seekingalpha.com/article/4031354-energy-fuels-positioned-lead-american-uranium-renaissance

Also a good comp later in the presentation here highlighting Energy Fuel's USD $31M of WC @ Sep-30. I looked independently at their EDGAR BS and they indeed do have 31M of WC with 17M of that in cash.

http://www.energyfuels.com/wp-content/uploads/2016/12/2016-12-Energy-Fuels-CorpPres-FINAL.pdf

Also - here is a quick summary of what the sector has done:

http://energyandgold.com/2017/01/11/uranium-stocks-surge-nexgen-closes-at-all-time-high/