Yellow Cake: A Good Long-Term Investment

RHJ Investment Thesis

The investment case for uranium has over the last few years continued to strengthen, with more reactor constructions being announced , life extensions of existing reactors , and the sentiment towards nuclear energy is improving in many countries . Figure 1 – Source: bisconti.com Over the last year, uranium equities have had lackluster returns, where Yellow Cake ( OTCQX:YLLXF ) has mostly been range bound with a marginally positive return. Many other uranium equities have done worse during the general market sell-off last year, but they have lately started to rebound. Data by YCharts I continue to think the investment case for uranium and Yellow Cake is strong and I have owned and covered the stock many times over the last 3 years. However, I have recently decided to liquidate my holding in the stock, specifically due to management’s inability to close the discount to NAV. […]

Click here to view original web page at seekingalpha.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.