IsoEnergy – One of the only Uranium juniors with a bought deal financing and a growing discovery
IsoEnergy (TSX.V:ISO & OTCQX:ISENF) had a busy year drilling at the Hurricane zone at the Larocque East Property. Recently the Company closed a bought deal private placement and is about to close a hard dollar component that will bring in around $6.5 million to continue exploring through next year.
Craig Parry, President and CEO of IsoEnergy joins me to update us on the private placement and exploration planned for next year. We recap the developments this year where the Company started with one hole into the Hurricane Zone and now has 26 holes that include many high grade intercepts and a new high grade target to the East.
A Look At Some Of The Weaker Markets – Energy and Uranium
After Chris and I chatted yesterday focusing on some of the opportunities he sees in the market we shift our focus today to some of the more beaten down sectors. We start with a couple comments on the Fed continuing to inject money into the repo market and then quickly shift to the energy and uranium sectors. If you want to be a true contrarian then these areas should catch you eye with how low the share prices are.
IsoEnergy – Comparing this Uranium explorer to the overall sector and an overview of this year’s exploration
IsoEnergy (TSX.V:ISO & OTCQX:ISENF) had been vastly outperforming the overall Uranium sector over the past two and a half months. However in the last few trading the stock has pulled back. Craig Perry, President of IsoEnergy joins me to comment on the overall share price and what is driving the stock. We also get an update on the the drill program that is underway and look ahead to what investors can expect into next year. To wrap up the call Craig provides a general update on the Uranium market.
If you have any followup questions for Craig or I please email me at Fleck@kereport.com.
Comments on the Uranium sector from the Sprott Conference
While at the recent Sprott conference there were still a number of comments on the uranium sector. Most uranium stocks have struggled and the delay (or as I look at it, a kicking of the can down the road) in the Section 232 Petition contributed to the move down.
Scott Melbye, Executive VP at Uranium Energy Corp (UEC) (NYSE:UEC) sat down with me at the conference to discuss how the Section 232 decision and how it impacts the overall sector.
Please email me with any questions you have for Scott regarding the Uranium sector or UEC – Fleck@kereport.com.