Hello. What do you think of the Uranium Company F3 ? Tocker FUU

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Asked on March 3, 2023 10:10 am
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This is a pre-revenue venture stock. I tend to call these types of stocks "scratch off tickets", because they're the equivalent to gambling. Sometimes you'll break even, sometimes you'll win a bunch, but the majority of the time you'll end up a loser.

I will admit that I am not the best at analyzing pre-revenue uranium companies, or any mining company for that matter. You need extensive knowledge of the company's assets and the potential for those assets to become cash generating. But in any case, even the best analyst in the world when looking at these companies is factoring in a large degree of speculation.

What I will say is t hat for a pre-revenue stock where management brags about their assets a lot, the stock has extremely low insider ownership.

If you're going to buy, do so with capital you would not be upset with losing.

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Posted by Dan Kent
Answered on March 6, 2023 9:55 am