@ExnerPirot@RichardDias_CFA I was thinking this morning while listening to @ttmygh that maybe Canada is the contrarian play here, hated everywhere except by Shell apparently.
Ding-ding!ποΈ In celebration of #EarthDay2026ππ₯Sprott Physical #Uranium Trust issued 1.11M shares today to raise $23.3Mπ§π΅π stacked no #U3O8βοΈβοΈπ« as its NAV rose to $7.17B!β¬οΈπ° #SPUT now has a colossal $149.8M cashπ³π¦π² closing at a tiny +0.04% PREMIUM to NAVππ€ π #Nuclearππ https://t.co/vxt45f40pR
@patmvcr Looks like today will be #SPUT's largest cash raising dayπ of its 5 straight days this week issuing new #SPUT shares!π₯π§π΅π°π€ π #Uranium
Ding-ding!ποΈ Today Sprott Physical #Uranium Trust issued 785,708 shares to raise $16.2Mπ§π΅π but stacked no #U3O8βοΈβοΈππ« as its NAV rose +$80M to bust thru $7.0B!πβ¬οΈπ° #SPUT now has a humongous $138M in cashπ¦π closing at a small -0.67% Discount to NAVπ€π€ π #Nuclear ππ https://t.co/vxt45f40pR
VIDEO EXPLAINER: The most important map of the Third Gulf War β the oilfields, the Strait of Hormuz, and the bypass pipelines.
Plus a look at how, two weeks into the war, Iran is still exporting lots of its oil, and most of it, via the strait.
@opinion
@uraniuminsider Any confirmation of the $3billion deal with Canada? Seems that would be a large chunk of our production as well. Does India need both Canadian and Kazakh supply?
Ka-ching!πͺ Sprott Physical #Uranium Trust issued 1.3M shares today raising a big $27.9Mπ§π΅π and stacked 200,000 lbs #U3O8βοΈβοΈπ as its NAV rose $96M to $7.19B!β¬οΈπ° #SPUT still holds a gigantic cash bundle of $183Mπ¦π closing at a -0.80% Discount to NAVπ€¨π€ π #Nuclearππhttps://t.co/vxt45f40pR
Ka-ching!πͺ Sprott Physical #Uranium Trust issued 2.3M shares today raising a huge $48.4Mπ§π΅π and stacked 200,000 lbs #U3O8βοΈβοΈπ as its NAV rose $113M to $6.99B.β¬οΈπ° #SPUT still holds a giant cash bundle of $166.5Mπ¦π closing at a +0.28% PREMIUM to NAVππ€ π #Nuclearππhttps://t.co/vxt45f40pR
Ka-ching!πͺ Sprott Physical #Uranium Trust issued 1.08M shares today raising $22.2Mπ§π΅π but did not stack any #U3O8βοΈβοΈππ« as its NAV rose $58M to $6.88B.β¬οΈπ° #SPUT now holds a chunky $136.6M cashπ¦π closing at a small -0.61% Discount to NAVπ€π€ π #Nuclearππhttps://t.co/vxt45f40pR
@quakes99 So many questions. How does a government "sign a deal" if the private companies are the ones signing contracts? I would think it would be better for the government to support mine construction and not be trying to grab headlines.
Friday's 25% silver crash wasn't about Warsh or dollar strength. It was margin induced liquidation at record prices while physical fundamentals tightened.
The smoking gun: SHFE premiums exploded to 25% above US prices during the selloff, proving physical holders are hoarding while overleveraged paper longs got blown out.
CME raised margins to 11% on January 28 (after shifting to percentage based on January 13), forcing specs who went long at $25k margin to suddenly post $66k at $120 silver.
Meanwhile China's January 1 export controls are crimping supply and India absorbed 25% of global production in 2025 with inelastic demand.
Moving onto JPM's February delivery data showing them issuing 633 contracts at Friday's $78.29 settlement, suggesting large banks covered shorts by buying from forced sellers at the bottom while physical markets refuse to participate at any price.
If JPM covered a large short book during the forced liquidation by buying from overleveraged specs at $78-90, they exited near the lows while physical holders in China and India refused to sell at any price, setting up a dangerous rebound dynamic with far less short interest to cap the next move.
Just my thoughts. This all speculation until we see the open in Asia.
Todayβs Reuters report is inaccurate, misleading, and inconsistent with the facts. It follows a pattern of speculative and misleading reporting that has repeatedly mischaracterized government policy and caused unnecessary confusion in the marketplace.
MP Materials has a binding, longβterm agreement with the U.S. Department of War that remains fully in force, including the Price Protection Agreement executed last year. There has been no change whatsoever to our contract or to the governmentβs obligations under it.
Any implication that the U.S. government has retreated from its commitments to MP Materials is simply false.
We remain fully aligned with our federal partners and fully committed to delivering on our mission: restoring a secure, resilient rare earth supply chain in the United States. Our operational progress, commercial trajectory, and long-term visibility remain strong and unchanged.
$MP