This Is a Great ‘Buy Signal’ in Uranium Space - Scott Melbye

Jeremy Szafron, Anchor at Kitco News, interviews Scott Melbye, CEO of Uranium Royalty Corporation, about the uranium market's stellar year. Melbye talks about the current trends, challenges, and the bright future of uranium investment in the context of the clean energy transition. From price surges to geopolitical influences and the push towards nuclear energy, Melbye unpacks the exciting global nuclear energy transition in a fight for energy independence and less carbon.
Coverage of PDAC 2024 is brought to you by GoldMining Inc., Uranium Energy Corp, Gold Royalty, and the Uranium Royalty Corp.
Follow Jeremy Szafron on X: @JeremySzafron ( / jeremyszafron )
Follow Kitco News on X: @KitcoNewsNOW ( / kitconewsnow )
Follow Uranium Royalty Corp on X: @UraniumRoyalty ( / uraniumroyalty )
00:00 - Introduction & Uranium Market Insights
01:23 - Urgency for New Uranium Mine Production
02:16 - The Role of Nuclear Power in Clean Energy
03:07 - Bipartisan Support & Legislative Impact on Nuclear Energy
04:06 - Strategic Moves: Russian Uranium Ban and Industry Support
05:26 - Global Uranium Supply Chain Challenges
06:18 - The Push for North American Uranium Independence
07:10 - The Importance of Reactivating Uranium Mines
08:32 - Market Dynamics: Uranium Prices & Investment Opportunities
09:56 - Future Outlook: Nuclear Energy's Expansion and Uranium Demand
#uranium #nuclearenergy #cleanenergy #uraniummarket #uraniummining #economy #nuclearpower
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[@kenskaer4311]

The uranium story just keeps getting better. Nuclear is the only way to generate sufficient efficient power for all the AI, Amazon, EVs, & Bitcoin mining growth.

[@levteck]

The irony in the timing of this video. Uranium got hammered today following the markets. Now is a good entry after a 6.4% drop in CCJ. Good luck all.

[@socalsilver6397]

Again. Like 1 days movement constitutes the thesis 📉 for this decade + bull market in Uranium mining sector. Plz

[@Psykologisss]

Would you rather buy if it was 6 percent up at the day?

[@brandonklosterman2978]

6% drop in the Urainium sector is called Tuesday. It's volatile

[@socalsilver6397]

@@Psykologisss Absolutely not. Only buy on Red Days. Snatched a little more GVXXF today.

[@socalsilver6397]

@@brandonklosterman2978 Agreed

[@benperez6075]

Hell yeah Melbye! Let's all buy at the top of the broad market!

[@davidoakes75]

Right on. Total BS. Uranium stocks getting decimated today. So much for uranium.

[@socalsilver6397]

@@davidoakes75What year did you get positioned in U sector?

[@glowwurm9365]

@@davidoakes75Yes because a single days movement dictates a multi year bull run…

[@DUS_1895]

When did you go short?

[@B-H76]

When was this recorded?

[@mke6445davis]

This week forsure, he’s says 92/93 plb

[@brian6x]

For a reality check, read this article: "Clean energy transition sparks nuclear reaction" published May 25, 2023 by David Suzuki with contributions from Senior Editor and Writer Ian Hanington.

[@nissebfg5222]

how many small modular reactors to replace one big nuklear plant and at what cost?

[@brian6x]

Read this article: "Clean energy transition sparks nuclear reaction"

[@evildaddysteve]

Instead of an outright ban on Russian uranium, why not establish a set minimum price that would trigger a tariff if they attempt to undercut the domestic uranium industry, then the market price would remain the same. This would disincentivize them from taking such an action. My concern is that an outright ban before production even begins would leave the US vulnerable if we experience delays due to supply side issues.

[@centurione6489]

Uranium Royalty Corp is currently trading at P/E 350 ...

[@libertyhart3273]

Because their royalties are not paying yet since the mines they hold Royalty's on are not producing yet.

[@sashaliss2962]

Uranium moves together with markets...if markets drop so will Uranium.

[@FranticRock]

if NOW is the best time to buy Uranium, how come the CEOs are all on TV telling us about it? They must have amazing hearts and intentions for us right, instead of telling all their friends privately first…..

[@Radio280]

First

[@LondonCrusader]

Congratulations.

[@enzoloko7483]

Uranium equities, sooooo dissapointing

[@davidoakes75]

Get out of uranium while you can. More pain is coming.

[@Pico141]

Yes please get out so I can buy cheaper

[@user-uz7of5sc2q]

The dumb money is selling and smart money buying.

[@gregmassi2067]

This dudes stock stinks!!!

[@brian6x]

Nuclear is not so "clean".

[@VIP_TradingIndicators]

The right indicators remove all the guy work out of when to buy and sell💰📈📉