ORLANDO, FL -- May 26, 2022 -- InvestorsHub NewsWire -- via
Emerging
Markets -- There's a funny thing about resource companies,
particularly those who mine the dirt beneath their feet.
Sometimes that earth moves on its own, figuratively of course,
but it moves.
This virtual movement can be good or bad. Gold buyers saw crypto
siphon off investors at one point and the metal didn't appreciate
like most other assets in the recent bull market. The cost of
mining gold was likely unchanged, but the spot price in the market
wasn't rising due to external, global factors.
But that door of impact swings both ways as we begin to
introduce Laramide Resources Ltd. (TSX:
LAM) (ASX: LAM) (OTCQX:
LMRXF), an exploration and development company,
which holds diversified uranium assets strategically positioned
in the United States and Australia that have
been chosen for their low-cost production potential. Let's examine
for a moment the geopolitical factors through the reportage of
completely unaffiliated news outlets who are in the collective,
making a case for uranium, and we believe, a reason to dive deeper
into a review of Laramide.
Before we do that it is necessary to establish a little pedigree
for Laramide herein. You may have not noticed in the string of
domestic and international ticker symbols above but Laramide is
traded on the OTCQX, the highest tier of OTC Markets. The OTCQB,
where most stories we cover trade, is the second tier of the
markets operated by OTC Markets Group, below OTCQX and above
Pink.
Now, back to Uranium.
In a report from
S&P Global with the headline "Uranium buyers, Ukraine
conflict drive spot price to 10-year high" yellowcake's recent
price appreciation can be directly pegged to a buying spree by
financial entities, mainly Sprott, and to the war:
"Russia's invasion of Ukraine has threatened to rattle uranium
supply chains and spurred a wave of investor buying in the market,
pushing uranium prices above $50/lb for the first time in 10
years."
That article was written March 11, 2022. In May,
that price was even
higher.
A mining publication this week wrote, "US, Canadian companies
set to soar on Russian uranium ban," based on comments by
GoldSilver.com's senior precious metals analyst, Jeff Clark.
The impact has already been felt in uranium bellwether stocks
like Cameco and NexGen with an industry analyst stating that those
two equities "have more room to run after climbing more than 40 per
cent so far in 2022." Here's a link to
that report.
It didn't take us long to curate compelling headlines about the
current market for uranium. Bullish reports abound including this
one from S&P Global Market
Intelligence again with the header, "High Prices
Lure Uranium Explorers to the U.S."
We are at the very beginning of our coverage of Laramide
Resources which appears to be in the right industry at the right
time. Located in the safe and politically stable jurisdictions of
the United States and Australia, Laramide's exploration development
uranium projects include one of a handful in the world not under
the control of a major mining company. Its US projects are in the
historic uranium mining region of New Mexico and another in Utah
very close to the only fully-licensed and operating conventional
uranium mill in the United States.
We will watch how Laramide, in its exploration and development
stage potentially catches the tailwinds of this uranium cycle to
potentially push their projects toward production.
These turbulent, terrible even times, have moved a market in
favor of the Uranium market.
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has received the following compensation and/or has an agreement to
receive in the future certain compensation, as described below.
EMC is under contract to receive $100,000 by Laramide Resources
Ltd. for various marketing services including this report. EMC does
not independently verify any of the content linked-to from this
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Emerging Markets Consulting, LLC
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E-mail: jamespainter@emergingmarketsllc.com
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SOURCE: Emerging
Markets
Laramide Resources (TSX:LAM)
過去 株価チャート
から 11 2024 まで 12 2024
Laramide Resources (TSX:LAM)
過去 株価チャート
から 12 2023 まで 12 2024
