As Hedge Funds Pile into Uranium Stocks Anticipating a 'Dramatic' Rise, this Little-Known Uranium Explorer Looks Well Positioned to Capitalize.
With a Global Effort to Reach Net Zero, This Company May Be One of the Smartest Choices to Gain Exposure to the Growing Uranium Rush!
It's more critical than ever for the U.S. to ween off Russian uranium and (OTS:GIDMF )may have the ONLY tactical “clean” solution on how to accomplish this.
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Immediate Reasons Why (OTC:GIDMF) Should Be on Your Radar:
In January 2024, (OTC:GIDMF) announced that the company has entered into a letter of intent with CanAlaska Uranium Ltd., evidencing the parties' intent to negotiate and enter into an option agreement under which Nexus will acquire up to a 75%-interest in the Cree East Uranium Project located in the Athabasca Basin of Saskatchewan, Canada, which is wholly owned by CanAlaska. (Press Release)
● The Athabasca Basin is a region in the Canadian Shield of northern Saskatchewan and Alberta Canada. It is best known as the world's leading source of high-grade uranium and currently supplies about 20% of the world's uranium. (SOURCE) The basin is located just to the south of Lake Athabasca, west of Wollaston Lake, and encloses almost all of Cree Lake.
● The Cree East project represents the last, large-scale exploration project located in the heart of the Athabasca Basin with the potential for the discovery of high-grade unconformity-style uranium mineralization in either basement-hosted like Arrow or sandstone-hosted like McArthur River or Cigar Lake. The McArthur River Uranium Mine, in northern Saskatchewan, Canada, is the world's largest high-grade uranium deposit!
● This is a project that has seen extensive historical exploration dating back to the early 1970's, with over $20 million expended since 2006 which included multiple phases of geophysics (airborne VTEM, AMT, and ground IP-Resistivity and moving loop TDEM surveys) in addition to 34,473 metres of drilling in 91 holes.
In October 2023, the company announced an option to acquire 90% of the Wray Mesa Uranium Project in Utah. ● The ability to acquire a majority interest in an advanced-stage uranium project that has benefited from extensive past exploration and drilling located within a Tier-1 jurisdiction provides an exciting opportunity for shareholders to gain exposure to the growing energy trend.
Uranium prices are exploding as the metal is expected to play a huge role in the clean energy revolution. Uranium prices have risen to over $80 per pound for the first time since 2008 and are up 125% since 2020. The metal was the best-performing energy commodity in 2023! ● Hedge funds are scrambling to get exposure to uranium stocks in anticipation that they will rise. Hedge fund managers including Terra Capital's Matthew Langsford, Segra Capital's Arthur Hyde, Argonaut Capital Partner
With a Global Effort to Reach Net Zero, This Company May Be One of the Smartest Choices to Gain Exposure to the Growing Uranium Rush!
It's more critical than ever for the U.S. to ween off Russian uranium and (OTS:GIDMF )may have the ONLY tactical “clean” solution on how to accomplish this.
Description: Up Arrow Green Images – Browse 88,798 Stock Photos, Vectors, and Video | Adobe Stock
Immediate Reasons Why (OTC:GIDMF) Should Be on Your Radar:
In January 2024, (OTC:GIDMF) announced that the company has entered into a letter of intent with CanAlaska Uranium Ltd., evidencing the parties' intent to negotiate and enter into an option agreement under which Nexus will acquire up to a 75%-interest in the Cree East Uranium Project located in the Athabasca Basin of Saskatchewan, Canada, which is wholly owned by CanAlaska. (Press Release)
● The Athabasca Basin is a region in the Canadian Shield of northern Saskatchewan and Alberta Canada. It is best known as the world's leading source of high-grade uranium and currently supplies about 20% of the world's uranium. (SOURCE) The basin is located just to the south of Lake Athabasca, west of Wollaston Lake, and encloses almost all of Cree Lake.
● The Cree East project represents the last, large-scale exploration project located in the heart of the Athabasca Basin with the potential for the discovery of high-grade unconformity-style uranium mineralization in either basement-hosted like Arrow or sandstone-hosted like McArthur River or Cigar Lake. The McArthur River Uranium Mine, in northern Saskatchewan, Canada, is the world's largest high-grade uranium deposit!
● This is a project that has seen extensive historical exploration dating back to the early 1970's, with over $20 million expended since 2006 which included multiple phases of geophysics (airborne VTEM, AMT, and ground IP-Resistivity and moving loop TDEM surveys) in addition to 34,473 metres of drilling in 91 holes.
In October 2023, the company announced an option to acquire 90% of the Wray Mesa Uranium Project in Utah.
● The ability to acquire a majority interest in an advanced-stage uranium project that has benefited from extensive past exploration and drilling located within a Tier-1 jurisdiction provides an exciting opportunity for shareholders to gain exposure to the growing energy trend.
Uranium prices are exploding as the metal is expected to play a huge role in the clean energy revolution.
Uranium prices have risen to over $80 per pound for the first time since 2008 and are up 125% since 2020. The metal was the best-performing energy commodity in 2023!
● Hedge funds are scrambling to get exposure to uranium stocks in anticipation that they will rise. Hedge fund managers including Terra Capital's Matthew Langsford, Segra Capital's Arthur Hyde, Argonaut Capital Partner