Chris Berry: Uranium is a Good Long-term Story
Energy metals analyst Chris Berry still believes uranium is a “contrarian’s dream.”
At the Canadian Investor Conference, held in Vancouver from June 1 to 2, the Investing News Network had the chance to speak with Chris Berry, energy metals analyst and founder of House Mountain Partners.
In the interview below, Berry comments that although uranium prices are down in the dumps, he still believes uranium is a “contrarian’s dream.” However, he emphasized that patience is key. “With respect to uranium … you’re going to see a slow upward price progression,” he said, “it’s not like we’re going to be talking next week and all of a sudden uranium’s going to be at $40 per pound, it just doesn’t work that way.”
In closing, he gives his take on which companies can operate profitably at today’s prices.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.