Top Stock Reporter

 

UR - Energy  ( URG - NYSE ) - Our Target Price $1.10

 

Trump Could Fuel A Nuclear Energy Boom In 2017

 
 

Ur-Energy  ( URG- NYSE ) is a well run company with the latest in mining  methods and technologies  We expect these shares to be volatile to the upside as "The Trump Effect" takes hold  and much needed tariffs are placed on those flooding the Uranium markets.  We anticipate a triple play .

 

Summary

With Trump at the helm, sentiment gives way to practicality in the energy industry.

While there have been some oversupply issues keeping uranium prices down, the bigger problem has been negative sentiment.

Trump’s take on nuclear energy is quite simple. As he noted after the 2011 Fukushima disaster in Japan: “If a plane goes down, people keep flying".

With Trump at the helm, sentiment gives way to practicality in the energy industry. For the vast untapped potential of the nuclear energy industry and the uranium that feeds it, this could contribute to a market-disrupting revival that no longer bows to fear and the politics of economy.

While there have been some oversupply issues keeping uranium prices down, the bigger problem has been negative sentiment rather than real fundamentals, but the Trump presidency will see through that.

Trump's take on nuclear energy is quite simple. As he noted after the 2011 Fukushima disaster in Japan: "If a plane goes down, people keep flying. If you get into an auto crash, people keep driving."

Now more than ever, demand for uranium appears to be assured. But more than that, it's about to truly explode as a number of situations combine to form the new era of nuclear power.

"If you are going to acquire uranium assets, now is the right time," IsoEnergy Ltd. CEO and President Craig Parry told Oilprice.com. "If it's not the bottom yet, you can certainly see it. And on that front we see the market at the early stage of what will become a roaring bull market."

Parry might be onto something, and IsoEnergy is indeed in high acquisition mode, targeting the discovery and development of high-grade uranium deposits in and around the Athabasca Basin in Saskatchewan-home to some of the world's biggest high-grade deposits.

Getting Ready for Uranium to Become an Irresistibly Hot Commodity

While Trump might inject a major boost of energy into the U.S. nuclear industry and the uranium market through deregulation, there are other factors coalescing around the world to make this a stellar new beginning for uranium and nuclear energy.

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