Q: What are your thoughts on the demand and price of uranium going forward?
If positive how would you suggest that I might invest for a 10 year hold in a registered acct?
If positive how would you suggest that I might invest for a 10 year hold in a registered acct?
5i Research Answer:
We think the supply/demand scenario is favourable for uranium, as governments worldwide come to the realization than nuclear is the best way to solve their energy/carbon issues. The price will no doubt be volatile, but we think it will be higher ten years hence. Uranium miners should provide more upside potential than the metal. CCO, NXE and DML can be suggested here. URNM for an ETF. U.UN can be suggested if one does want pure metal exposure.