Fahy Capital Management Uranium Book

Updated 13 December 2019

NuChem International Catalyst Fund Group: URANIUM
SYMBOLNAMEWEIGHTING
DNNDENISON MINES3.75%
DYLLFDEEP YELLOW LIMITED1.69%
FCUUFFISSION URANIUM5.88%
FOSYFFORSYS METALS5.48%
GVXXFGOVIEX URANIUM6.61%
NXENEXGEN ENERGY5.59%
NOTES

We have reclassified Texas Mineral Resources as a pure Rare Earth play; it is no longer considered a component of the uranium book.

We exited Energy Fuels for a 90% profit on 28 June 2019.

Our stake in NexGen Energy has risen to 5.59% of the NuChem International Catalyst Fund, as we consider it the best means by which to capitalize on a future uranium bull market.

On 22 October 2019, we boosted our stake in Fission Uranium to 5.88% of the NuChem International Catalyst Fund.

8 replies to “Fahy Capital Management Uranium Book”

  1. Will. Us uranium miners benefit tremendously if 232 passes this April . And we might get two tier uranium prices one for us and the other rest of the world

    1. Here is my stock response to all inquiries related to 232: I’m not a proponent of Statist relief actions. In my opinion, the entire charade will have zero impact on the long-term investment thesis, though the process has slowed down the story considerably.

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