Louis James on the “Golden Runway”
Thursday, March 9, 2017 at 05:35PM
This year’s Prospectors & Developers Association of Canada (PDAC) conference featured hundreds of companies and speakers, and the Investing News Network had the chance to take in quite a few talks.
On Sunday, one highlight was a presentation by Louis James, editor of the International Speculator. James began his 30-minute slot by saying he is bullish on uranium and gold this year, but his main focus was the concept of the “golden runway.”
He explained that his latest research shows that between the time a company reaches the decision to build a mine and the time that the mine begins production there is usually a large share price rise for the company. He believes savvy investors can harness that information to make money.
Its good to see that someone is bullish on Uranium, if ever there was blood in the streets it is now for this sector of the market - maybe we are getting closer to buying some of these down trodden stocks - I certainly hope so.
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Article originally appeared on Uranium Stocks (http://www.uranium-stocks.net/).
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