I made a $1.5 million dollar bet on Energy Fuels (UUUU)
byu/Steve_Zissouu2 inwallstreetbets
I’ve made a big bet on Energy Fuels (UUUU) today. I added positions to the tune of $1.5 million dollars total cost (see pictures attached for exact positions).
Among contenders for DoD/DPA funding similar to MP materials, they stand out to me as the most mature candidate for heavy rare earth mining/processing. They are the only producer and separator of such products domestically, with competitors attempting to catch up. But they are rather behind.
If I am wrong, the funding will likely go to either USAR, Rameco, or Lynas. We may see more than one beneficiary. But USAR is quite behind. Rameco is lobbying and trying to play catch up, recently opening up a heavy rare earth mine w/ their coal spin. Lynas has ties to Trump via Gina Rinehart. But they are primarily Australian. Still, they are opening up a processing/separation facility in Louisiana.
UURAF remains as my favorite sleeper stock. It is a longer hold, but they will be fantastic if they prove their midstream tech. Mark my words on this one. I have a good feeling.
That’s all for now, love y’all
Steve
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