- Fucked Finance
- Posts
- Stock Tip Tuesday - Jan 23rd, 2024
Stock Tip Tuesday - Jan 23rd, 2024
Cosa Resources
Stock Tip Tuesday…
🇨🇦$COSA 🇺🇸$COSAF Resources
The Next Winner In Uranium☢️
Macro
Uranium is all the BUZZ right now.. Here’s Why
First, some nerdy shit.
👉 In recent times, the uranium market has encountered significant turbulence. A confluence of factors – including the global pandemic, elevated production costs, and geopolitical tensions – has led to a scarcity of this critical element, essential for sustaining the demand in the nuclear energy sector. This shortfall has resulted in the closure of numerous mines and the suspension of several operations, presenting a formidable challenge for nations increasingly inclined towards nuclear energy as a viable option.
👉 Compounding this issue is the impending expiration of long-term contracts with uranium suppliers, placing nuclear facilities in a precarious position as they scramble to secure new sources of this essential resource. This scenario can be likened to a high-stakes game of musical chairs.
👉 Despite these daunting challenges, some investors remain undaunted, exhibiting a bullish outlook on the uranium market.
👉 This optimism is not without merit, as evidenced by the notable surge in uranium prices. From an initial rate of approximately $60 per pound when we began our coverage, the price of uranium has impressively soared, reaching a peak of $100 per pound, some analysts are predicting the price of uranium could run too $200-$300 per pound.
The Pitch
Bettin’ On Winners📈
Quick Story 👇
I first wrote about Cosa Resources in July 2023 after being introduced to the story by a mentor and friend. Perhaps it was his confidence or charisma, but I found myself immediately captivated by the narrative. Despite having minimal experience in the Uranium sector, I embarked on a heroic learning mission. I dedicated countless hours to understanding the commodity, its geology, the major players, the prime locations, and other critical aspects. Consequently, I decided to invest a substantial portion of my capital into this company.
👉 Let's dive in.
While some uranium exploration companies might move at a sloth's pace, COSA Resources stands out for its team rapid and consistent discoveries in the Athabasca basin. Its management team, mirroring the esteemed IsoEnergy crew with leaders like Keith Bodnarchuck, Craig Parry, Steve Blower, and Andy Carmicheal transformed IsoEnergy into a $250 million market cap sensation in the uranium-rich Athabasca Basin from just an idea and now they have their eyes set on Cosa.
❗This team's influence has been pivotal in the past twelve years, contributing to significant discoveries such as NextGen's Arrow Project and Iso Energy's Hurricane Project. Their expertise isn't just in uranium exploration but also in understanding the unique geology and regulations specific to the Athabasca region. This knowledge has been a game-changer in their success story.
In essence, COSA's interest in a particular area signals more than just potential uranium deposits. It reflects a strategic choice backed by a deep understanding of geology and a commitment to value-driven exploration. If they're zeroing in on a property, it's a strong indicator of its promising geological features and value that could be created.
Stock
Cosa Resources Stock Performance..
We initiated our trade in the range of $0.27-$0.28 and strategically liquidated half of our holdings at $0.55, realizing a significant profit. We continue to hold a substantial portion of our position, with plans to maintain it through the completion of the company's first drill program. Our confidence in the company's potential is bolstered by the upward trajectory of the uranium market. Observing the notable increase in COSA's share price over recent months, it's obvious that the stock has gained considerable momentum. However, entering the market at this stage may entail a degree of risk, akin to chasing. We recommend adding COSA to your watchlist and keeping an eye out for favourable entry points during market dips.
Conclusion
Thats All Folks..
In conclusion, this company has ticked off all the major boxes for a successful narrative. You can't just roll out of bed and stumble upon multiple discoveries or nail multiple successful deals like it's a walk in the park. It takes skill, expertise, and a bit of magic to make money for shareholders. These guys possess all of that and more.
Lets fuckin’ ride.
Disclaimer - Not Financial Advice. some members of VHLA own shares of Cosa Resources.
Click Full Dislcaimer here