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Uranium Stocks: An Emerging Royalty Company

Uranium Stocks: An Emerging Royalty Company

The best business model in the hottest commodity sector

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John Rubino
Oct 10, 2023
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John Rubino's Substack
John Rubino's Substack
Uranium Stocks: An Emerging Royalty Company
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Uranium has been the best-performing commodity this year, as nuclear power comes back into favor and supplies are constrained by political unrest in producing countries and operating issues with some big mines.

The best uranium miners have been great holdings, and most industry analysts predict more good times in the coming decade. New investors have a reasonable selection of vehicles, from physical metal ETFs to focused equity ETFs to the shares of the miners themselves.

Just one thing has been missing: a royalty/streaming company with a bunch of producing royalties that could replicate the success of similar companies in the precious metals space. Mining is a tough business, and any given miner is vulnerable to all kinds of risks. But a good royalty company avoids the worst of those risks while still profiting from the rising price of the underlying commodity.

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