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Chris interviews Curtis Moore, V.P. of Energy Fuels, Inc. (NYSE Mkt-UUUU; TSX-EFR)

Big Al
April 19, 2018

As some of you know, the Fleck family will imminently be celebrating the birth of their first child!  So I’m helping out Cory with content, and a few “macro” interviews, via sharing some interviews of mine over the next few days with management of some of my Featured Opportunity companies.

In this one, I visit with Energy Fuels’ V.P. for Corporate Development Curtis Moore; a friend and one of my key go-to guys in the sector. We discuss Russia’s recent floating of the idea that it could stop “cooperation” with the U.S. in the nuclear energy area; and this in the context of Energy Fuels’ and Ur-Energy’s 232 Petition filed with the U.S. Department of Commerce back in January. Further, we touch on a couple of UUUU’s own highlights, and my view that it has better optionality in a coming sector rebound than any other company.

 

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Discussion
34 Comments
    CFS
    Apr 19, 2018 19:01 AM

    The Douma cancelled the Titanium export ban a couple of days ago.

    CFS
    Apr 19, 2018 19:10 AM

    Russia Joins Bid To Win Compensation Over US Metals Tariffs
    Associated Press – 1 hour ago
    GENEVA (AP) — Russia has joined the European Union, India and China in demanding compensation from the United States for its tariffs on foreign steel and aluminum.
    The World Trade Organization’s web site posted Thursday a filing from Russia that, like other countries, argues that the tariffs that took effect March 23 amount to a “safeguard” measure aimed to protect U.S. domestic producers from surging imports.
    The Trump administration has rejected those arguments and says the measures are for national security reasons.
    It is unclear, however, what Russia’s move means in practice. It did not go so far as to appeal to the WTO’s dispute settlement process over the tariffs. Under WTO rules, the only way to find out whether Russia is entitled to compensation is by initiating a dispute on the issue. Russia has never issued a WTO dispute complaint against the U.S. since Russia joined the trade body in 2012.
    So far, China is the only country that has done so over the blanket tariffs on imports of the metals, though India has asked to sit in on its talks with the United States on the issue.
    Longtime U.S. allies including Canada, Mexico, South Korea, Australia and the EU have won temporary exemptions from application of the tariffs, pending talks with the United States.

    Apr 19, 2018 19:40 AM

    People for sure chasing today. Glad I don’t have that dilemma.

    Silver tagged its 233 WMA for the third time in year again today. Another fakeout, or breakout?

    Apr 19, 2018 19:46 AM

    SILJ is poised to pull a UUP 2014.

    Lucy was run over by the school bus yesterday and the little red headed girl will be “handling the football,” if you know what I mean, going forward.

      Apr 19, 2018 19:49 AM

      is that the ..red headed step child………….unloved, misdirected …….lol

        Apr 19, 2018 19:58 AM

        No, the babe from the cartoon that Charlie Brown had the hots for but could never get to talk to.

      Apr 19, 2018 19:44 AM

      Same Gartman………been wrong for years……..CCF

    Apr 19, 2018 19:46 AM

    Silver, BYE BYE…..OR BUY BUY……..LOL

        Apr 19, 2018 19:58 AM

        BUH BYE………I guess they didn’t get it………funny….. 🙂

          Apr 19, 2018 19:00 AM

          No, they never do.

            Apr 19, 2018 19:03 AM

            Isn’t that the truth………!

      Apr 19, 2018 19:55 AM

      SLV was way way over its upper bollinger band on the daily chart (20,2). It still is. Even in the most bullish scenario, I would expect another day or two of sideways to down action.

      Silver also hit its 100 and 233 WMAs today. Professional traders are probably booking some profits for sure today, and who could blame them. The $4 trillion question is, what comes next?

        Apr 19, 2018 19:01 AM

        Lots of healthy gap-filling going on.

        AG breakout:
        http://schrts.co/wEK819

          Apr 19, 2018 19:07 AM

          Just eyeballing it, it looks like EXK closed 8 straight days over the upper bollinger band. That is absurdly improbable.

          It is probably running out of luck today.

        Apr 19, 2018 19:09 AM

        Your EXK is acting very well and is a strong buy on significant weakness. It is telegraphing much higher prices so don’t let a pullback scare you.

        http://schrts.co/GGrcKz

          Apr 19, 2018 19:12 AM

          Yes, I have noticed. I don;t think it is that far behind IPT in fact.

            Apr 19, 2018 19:23 AM

            Pullbacks will likely be deep and scary but short.

            http://schrts.co/ZCBkJJ

            Apr 19, 2018 19:34 AM

            I would expect nothing less with EXK. It is ridiculously volatile for a midtier.

      Apr 19, 2018 19:03 AM

      Take a look at SLV in August-September 2010. That is how ridiculously bullish moves behave. Note the pop on August 25th and the BBs. I am praying we can get similar strength this time too, but that is probably too optimistic by a mile.

      http://stockcharts.com/h-sc/ui?s=SLV&p=D&st=2010-04-19&en=2010-09-30&id=p45319741552&a=589612955&listNum=1

        Apr 19, 2018 19:12 AM

        Yes, I think that is too optimistic by a mile which is why the miners are where you should focus your efforts. They will behave exceptionally well while silver moves up modestly. The situation for them is far better than it was in 2010-11.

          Apr 19, 2018 19:18 AM

          There are a lot of similarities to 2010 on the daily chart and in terms of the tightness of the BBs. The obviously huge difference today is the difference in the longer term MAs and the stage of the bull.

          If silver manages to get over the 233 WMA, I could easily see it pop up a buck or two and then come right back down to back test that MA, which will likely be slightly lower than it is today.

          Apr 19, 2018 19:22 AM

          If silver moves anything like it did in 2010, the miners are going to blow your mind. They will deliver fantastic leverage this time.

    Apr 19, 2018 19:53 AM

    Thanks Chris for taking over, great interview. Best of luck to Cory

    Apr 19, 2018 19:55 PM

    The disturbing aspect of Energy Fuels is that insiders are uniformly selling, including Mr. Moore. It is hard to be buying into a stock when the insiders are bailing. Check out canadianinsider.com. EFR

    Apr 20, 2018 20:10 PM

    Mr T – Great interview with Curtis, the Uranium market outlook, the future of Nuclear Energy, and of course Energy Fuels (UUUU) (EFR). Much appreciated!

    I’ve been following their story since 2010 and have also held 3 different companies that they have acquired (including Uranerz).

    Keep up the great work!