Nobody wants your Athabasca uranium junior

July 27, 2025

NexGen consolidated its land package in the Athabasca basin by buying out Rio Tinto.

So, if NexGen is putting its logo on race cars and has its own development pipeline, and Cameco is trading at $110/share and has its own development pipeline, who exactly is supposed to buy your Athabasca uranium junior?

We know it won’t be a Chinese SOE because of Realpolitik. It definitely won’t be Paladin because they have their own problems right now. The days of Cameco and Rio in a bidding war for Hathor Exploration are gone and won’t be coming back.

This leaves Africa as the jurisdiction of choice for uranium speculators looking for a Chinese buyer, but that brings its own problems.

Sultan Ameerali Follow

Investor. Don’t buy any stock because I mentioned it. Boxer, award-winning reporter, author in a different life. Ex-BNN, 680News, CTV News etc

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InsiderAlert @insideralertapp ·

24 Oct

⚡INSIDER BUYING⚡🇨🇦
🟩HCRP Regatta I LP buys $74,900
Mayfair Gold Corp. $MFG.V
▪Shares: +35,000
▪Price: $2.14
▪Tx date: 2025-10-22 (1 trade)
▪Now owns: 1,577,100 shares (value: $3,311,910)

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OddLotArbitrage @oddlotarbitrage ·

24 Oct

New odd lot tender offer. Lennar Corporation (LEN) is offering to exchange LEN shares for Millrose Properties (MRP) shares at a 6% discount for approx. 6.4% return on participation, with priority for odd lot holders. LEN closed at $127.34 yesterday. Offer expires November 7th.…

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komrade @komrade_kapital ·

23 Oct

$ARE.TO announces a new US SMR nuclear contract win, exposure to this theme will cost you 20-25-30x EBITDA in the market today, or buy Aecon at 5x.

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Sultan Ameerali @sultanameerali ·

23 Oct

Wish I had waited longer to buy back the bulk of my $LODE. I have the rest of the position back now at $3. My effective cost base even after considering taxes is below $1. I strongly considered pulling my original capital out and moving forward with a smaller stake.

Technical…

Sultan Ameerali @SultanAmeerali

That didn’t take long.
Bought back most of my $LODE position between $3.35 and $3.40. I will pick up the rest when this trends lower.
Thanks for playing.

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Sultan Ameerali @sultanameerali ·

23 Oct

I sold and moved on from $MAI.V, so I will keep my comments brief.

Was wrong about permits and would have sold anyway by this point, even without the restructuring.

I hope the Kosec team appreciates that Ramshaw took some bullets for them by staying this long when he didn’t…

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Nobody wants your Athabasca uranium junior

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