Philip O’Neill: Uranium Made Investors Crazy Money Last Time
To subscribe to our newsletter and get notified of new shows, please visit http://palisaderadio.com
Philip started his career in the junior mining space in the early 2000s by investing in uranium. He discusses the last bull market and how it did exceedingly well and how the market can surprise you. Today there is much more experience in the uranium markets so the coming bull market should be more mature.
He feels we are in a good place for precious metals at the moment. Gold and silver seem to have hit their lows, and there seems to be forward momentum. Some companies can finance anywhere in the cycle, but most juniors are more limited, so they need higher commodity prices.
Time Stamp References:
1:20 – The last uranium bull market.
2:15 – More experienced market now.
3:00 – Gold and silver companies and financing.
4:45 – Experiences in the market.
7:30 – What financiers look for in junior companies.
9:30 – Philip discusses two companies that are going public.