Vanadian Energy Corp V.VEC.H

RE: RE: RE: RE: RE: RE: RE: RE: RE: entryGHPJD

[seanyboy]

Hey drobs, agree with you 100% on everything... a long-term holder for sure. 

I used to be like so many on these boards, looking for instant gratification and soaking in positive confirmation bias, and hating anyone who expressed any skepticism or realism as to a company's potential. 

The fundamentals for U in the time-frame you mentioned look great, especially with the end of the supply from the Russian weapons.  Asia is building so many reactors, and they are not moving fast enough to secure supply.  That's the beauty of the situation from our point of view - once you've done the massive capital outlay to build a reactor, you're basically a prisoner to the one commodity that the thing is useless without.  Eventually thorium may replace U, but that is decades in the future... I'm no nuclear scientist but I do know that you need a different reactor design for thorium.

The main reason I won't buy here is that the risk to credit markets in general is too high - the eurozone fragile, American states and munis out of control, Chinese real estate out of control... I see commodities booming and crashing repeatedly in the years ahead, so my strategy is wait and buy the crashes, sell when the booms look tired, rinse and repeat. 

What other juniors do you like?  Bannerman (BAN.T) is another of my favorites, similar to URC in many respects - could be another Paladin though the cap-ex on their project is pretty huge and they need a partner.  I also like Strathmore (STM.v) - less risky as they have plenty of cash and will be a producer. 

Best regards,
seanyboy