RSD Weekly Recap: Energy Fuels (NYSE: UUUU), Sun Metals Corp. (TSX-V: SUNM), Hannan Metals (TSX-V: HAN), Blue Sky Uranium (TSX-V: BSK), Chakana Copper (TSX-V: PERU)
This is Gerardo Del Real with the Resource Stocks Digest weekly recap.
Gold settled at $1,314/oz. last week for a weekly loss of four dollars.
Silver settled at $15.80/oz. for a weekly loss of 0.5%.
The Dollar surged, settling at 96.64 for a weekly gain of just over 1%. It’s now over 97.
Copper settled at $2.81/lb. for a weekly gain of approximately 2%.
Platinum settled at $798/oz. for a weekly loss of approximately 3%.
Palladium settled at $1,386/oz. for a weekly gain of 3.5%.
Zinc settled at 1.23/lb. for a weekly loss of three cents.
Oil settled at $52.73/barrel for a weekly loss of approximately 4.5%.
Uranium settled relatively flat again, closing at $28.85/lb.
If you haven't already done so, I encourage you to subscribe to our new podcast, Bizarro World, with myself and Mr. Nick Hodge.
This week we talked the Fed, Virginia, face-licking politicians, Mr. Bezos and Mr. Pecker, fake eyelashes, virtual concerts and we picked a stock of the week.
Energy Fuels (NYSE: UUUU) CEO Mark Chalmers went over the 232 petition, the diversified uranium portfolio and ability to scale and the vanadium kicker. A lot to like if like me you believe a uranium bull market is on its way.
Sun Metals Corp. (TSX-V: SUNM) CEO Steve Robertson explained the reasoning behind the arrangement with Lorraine, plans for 2019 and Teck’s recent endorsement of the Stardust project.
Hannan Metals (TSX-V: HAN) CEO Michael Hudson outlined the Kilmurry target Hannan is drilling. Drill is turning.
Blue Sky Uranium (TSX-V: BSK) CEO Niko Cacos highlighted the district-scale potential in Argentina. On part uranium, one part vanadium and a lot of exploration potential.
Chakana Copper (TSX-V: PERU) CEO David Kelley broke down the latest set of spectacular numbers from the Soledad project in Peru, including 22.8 meters of 14.29% copper equivalent. Good stuff out of Chakana.
That’s all for this week. This is Gerardo Del Real with the Resource Stocks Digest weekly recap.