Ep. 483: Amir Adnani: New Dawn for Nuclear Power

Welcome back to another episode of Wall Street Unplugged!

This week I’m joined by Amir Adnani – CEO of Uranium Energy Corp and Chairman of GoldMining Inc. (formerly known as Brazil Resources)

On today’s show, Amir and I dive into one of the biggest topics in the markets right now – Uranium.

If you own any Uranium stocks, or you’re thinking about buying, this is a must-listen. Because for the first time in years, a new dawn for nuclear power is finally approaching.

To start off the interview, Amir gives listeners 3 reasons why the “perfect storm” is on its way. We’ve already seen a swing in prices and Uranium is trading at levels not seen since 2004.

But let’s not get too ahead of ourselves.

Amir explains why investors must be patient. If you haven’t bought into Uranium yet, don’t worry. Although all signs are pointing upward, he say’s companies are still in “no man’s land” – with current Uranium prices sitting at just $22/lb.

The point is, however, the Uranium market is finally coming off it’s lows. And we don’t expect prices to return anytime soon. The turnaround is real. And demand expectations are promising…

After all, the number of reactors under construction world-wide are at record levels!

Tune in to hear everything you need to know about the sector.

Amir and I then dive into a stock listeners should be very familiar with – GoldMining (BRI.V).

Yes, we’ve seen Gold take an unexpected hit since the Presidential election… but that doesn’t mean investors should run.

To end the episode, Amir reassures his investors. He explains how his company, GoldMining, plans to keep building on top of an already strong, overlooked balance sheet.

And finally, I move on to my educational segment [54:33]. Sector by sector, I’ll be breaking down this upcoming earnings season. Let’s just say this – Don’t be fooled by analyst estimates, they’re outrageous…

Links & Resources

Stocks Mentioned

  • Cameco Corporation (CCJ)
  • Uranium Energy Corp (UEC)
  • GoldMining Inc. (BRI.V)
  • Fission Uranium Corp. (FCU.TO)
  • NexGen Energy Ltd. (NXE.TO)
  • NIKE, Inc. (NKE)
  • Target Corporation (TGT)
  • Kohl’s Corporation (KSS)
  • J.C. Penney Company, Inc. (JCP)
  • Tiffany & Co. (TIF)

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5 Comments

  1. Ray Bove
    January 19, 2017 @ 10:31 pm

    Frank, you have one of the finest podcasts in the financial industry.

    I listen to you for your financial wisdom.

    I do not listen to you for your political points of view.

    Lets keep it financial… Really like your pods…

    Reply

  2. Leonardo
    January 19, 2017 @ 10:31 pm

    Thank you Frank. Very interesting interview. Big fun of you and UEC as well. Have a great dinner on Monday. Greetings from Germany

    Reply

  3. Myron Martin
    January 19, 2017 @ 10:56 pm

    I usually find your preambles a little boring, but this time you hit the nail on the head.

    The Hollywood celebrities and media leftists are a disgrace to the country with their whining about Trump winning the presidency. GROW UP, give the man a chance, withhold judgement until you have clear evidence of his actual performance. Can he really be worse than Obama who boasts about his achievements, conveniently forgetting that in his 8 year reign he DOUBLED the national debt with very little to show for it.

    Reply

  4. D Cornell, Maj USAF (Ret)
    January 20, 2017 @ 10:40 pm

    Trump has had plenty of opportunity to demonstrate he has the temperament & leadership skills to be POTUS and subsequently CINC. Bravado & bullying don’t constitute leadership traits in my book. Let’s hope for the best but if you’re worried about debt, you selected the wrong guy as POTUS–Trump loves debt.

    Reply

  5. Jeff D.
    January 21, 2017 @ 8:04 pm

    What an incredible amount of negativity there is in the air. Everyone has to put down the other side. Politics has gotten to be like sports. If you love the Yanks, you have to hate the Red Sox. If you love the Giants you have to hate the Dodgers. Guess what? There is good and bad on both sides. Not everything in this world should be seen through a black or white spectrum. Stop being so insecure guys. You can hold your opinion and understand that the other guy might not be an idiot either.

    Reply

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