Which Uranium Companies Are Leveraged for Increased Nuclear Energy Demand?
Summary: Sprott Asset Management uranium expert Kevin Bambrough talked with us about the second leg of the current uranium bull market. Bambrough names his favorite uranium companies, where he believes there is still room for growth.
StockInterview: How does the major nuclear energy build up you envision impact uranium mining?
Kevin Bambrough:
I think, with the passage of time, all types of mining will again be done again in the United States. Theyre going to need the supply. There is no alternative. If you look at Energy Metals Corporation (TSX: EMC), part of their plan is to start with some ISL operations, some of which will come at a facility thats already fully permitted. Then eventually, theyre going to try to move into places like New Mexico, where I think with the passage of time, common sense will prevail and people will become more pro-mining for uranium.
StockInterview: We now have about ten times the number of uranium companies, some purporting to be a uranium company, than when we first started covering this sector. How is this sector going to play...
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