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Monday, 10/14/2019 10:10:14 AM

Monday, October 14, 2019 10:10:14 AM

Post# of 1533
Equity 8 top explorer pick is UEX. Rising tide!

Thanks to quakes99 twitter feed. A Rising Tide will lift all boats! That is what happened in 2004 to 2007 but only for those that held shares. Do you own your share yet?

Equity 8 write up

A rising tide will lift all boats.A positive nuclear and uranium outlook should lead to higher uranium prices and better uranium stock performance all around. Producers are already leading the way, up 6% last week. From our coverage universe of 17 companies, we recommend U Participation (U-T, BUY, C$6.60 TP); Energy Fuels (EFR-T, BUY, C$5.60 TP); and Ur Energy (URE-T, BUY, C$2.55 TP). Developers of choice include NexGen Energy (NXE-T, BUY, C$6.95 TP); Denison Mines (DML-T, BUY, C$1.80 TP); Fission Uranium (FCU-T, BUY, C$2.00 TP) and Uranium Energy (UEC-US, BUY, US$3.40 TP). Our top explorer pick is UEX Corp. (UEX-T, BUY C$0.45 TP) given its Co and high grade uranium. In the USA, both Peninsula Energy (PEN-ASX, BUY, A$0.60) and Azarga Uranium (AZZ-T, BUY, C$0.50 TP) are also positioning themselves, but we await technical and permitting milestones before we can pound the table. Cameco (CCO-T, NEUTRAL, C$15.00 TP), the only North American large cap uranium stock, would likely see relative investor interest should uranium prices rebound.

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