VIDEO - Rick Rule: 2018 Could be the Year Uranium Turns | INN

Jan. 24, 2018 11:40AM PST

In this video interview, Rule also discusses the gold price and Sprott’s soon-to-be-launched redeemable, gold-backed crypto token.

The mining industry is often described as cyclical, but what stage are we at right now? Rick Rule of Sprott US Holdings believes that in baseball parlance we’re in “the third inning of a nine-inning ball game.”
Speaking at the recent Vancouver Resource Investment Conference, he explained, “[we’re at] what I like to call the sweet spot — you’re up off the bottom, investors are beginning to have some courage. Money’s coming back in the market, but the valuations still aren’t excessive.” He added, “I suspect 2018 will be a very, very good year for your listeners.”
Overall, he sees the resource space surprising to the upside in 2018. “I think the juniors will enjoy it, but I think they’ll be driven by the majors. My belief is that market segments move as a consequence of exceeding expectations, and the expectations for the mining industry are so low that they can’t help but be exceeded, at the same time that the industry itself has made some interesting reforms.”
Rule touched on gold before turning to uranium, commenting, “I think this is the year that uranium turns.” He explained, “the determinate as to whether 2018 is the year that uranium really moves will be made by the pace of Japanese reactor restarts.” Even so, he emphasized that even if the uranium market doesn’t turn around this year, it’s “a when market — there’s no doubt it’s going to happen.”
For investors, the key is to “not worry so much about uranium as worry about your own reaction to the market and determine whether you do or do not … have the mental discipline to stand volatility.”
Watch the video above for more insight from Rule on gold, uranium and Sprott’s soon-to-be-launched redeemable, gold-backed crypto token. The transcript for this interview will be added shortly.
Don’t forget to follow us @INN_Resource for real-time news updates!
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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.

uranium investing rick rule

The Conversation (2)

david ah ejat

25 Jan, 2018

I would listen to Rick rule . He is a wise man. I am not sure any of theses Japanese. Reactors will come back on the politics and legal problems is enormous. I donor know why the Japanese’s I agree with Rick. Rule . He is wise . However I do not see see with the crazy politics of Japan. And legal issues any of these reactors will come back back on any time soon. As soon as they are approved they go into the court system and get delayed and cannot get restarted. The Japanese’s government needs to have a honest discussion with the people that the tsunami,I killed over 20000 people and not the reactor meltdown. They are fools if they do not understand the importance of nuclear energy cheaper and cleaner. Coal will kill more Japanese’s per year from polution than any other energy. And oil can go through the roof with prices and hurt there treasury. One freaking accident should not condemn a sector that has been good for the Japanese’s economy and electricity. They will come to there senses maybe the painful way

david ah ejat

25 Jan, 2018

I would listen to Rick rule . He is a wise man. I am not sure any of theses Japanese. Reactors will come back on the politics and legal problems is enormous. I donor know why the Japanese’s I agree with Rick. Rule . He is wise . However I do not see see with the crazy politics of Japan. And legal issues any of these reactors will come back back on any time soon. As soon as they are approved they go into the court system and get delayed and cannot get restarted. The Japanese’s government needs to have a honest discussion with the people that the tsunami,I killed over 20000 people and not the reactor meltdown. They are fools if they do not understand the importance of nuclear energy cheaper and cleaner. Coal will kill more Japanese’s per year from polution than any other energy. And oil can go through the roof with prices and hurt there treasury. One freaking accident should not condemn a sector that has been good for the Japanese’s economy and electricity. They will come to there senses maybe the painful way

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Generation Uranium

Generation Uranium (GEN:CC)

GEN:CC

Investor Insight

Generation Uranium offers investors high-leverage exposure to a potential major discovery in Canada’s underexplored and resource-rich Thelon Basin, led by a management team with a proven track record of securing high-value exits.

Overview

Generation Uranium (CSE:GEN, OTCQB:GENR, FRA:W85) is a Canadian exploration company focused on wealth creation through discovery within the uranium sector. The company’s primary strategy is to build a high-caliber exploration team that can rapidly test and drill high-potential targets, de-risking projects for potential takeover by larger producers. Currently centered in the prolific Thelon and Angikuni Basins of Nunavut, the company is also actively evaluating additional project acquisitions in the Athabasca Basin to expand its portfolio.

Generation Uranium Yath Project

The company is led by a veteran management team with nearly 30 years of experience in mineral development. CEO Michael Collins has a significant track record of building and exiting public companies, including the co-founding of Bluerock Resources, a conventional uranium producer during the 2000-2008 cycle. This expertise is paired with a focused business model that leverages modern geophysical targeting to accelerate exploration timelines and reduce costs, ensuring the company can deliver results quickly in a bullish uranium market.

Company Highlights

Strategic Location in a Premier Uranium District: The flagship Yath Project is located in Nunavut’s Thelon Basin, contiguous to ATHA Energy’s Angilak Project, which hosts the high-grade Lac 50 deposit.
High-Grade Discovery Potential: Historical surface sampling at the Yath Project has yielded exceptional uranium grades, including boulders testing at 9.81 percent, 3.95 percent, and 2.14 percent U3O8.
Expert Management with Exit Experience: Led by CEO Michael Collins, the team has decades of experience in mineral exploration and a history of co-founding companies that were later acquired, such as Prime Mining and Nuclear Fuels.
Low-Cost, Rapid Exploration Strategy: By leveraging modern geophysics and extensive historical data, the company aims for a "short road to discovery," de-risking projects quickly to maximize shareholder value.
Bullish Market Fundamentals: Generation Uranium is well-positioned to meet the growing global demand for carbon-free nuclear power, supported by a projected supply deficit and increased interest from major tech companies seeking clean energy.

Key Project

Yath Project - Nunavut, Canada

The Yath Project is Generation Uranium’s flagship project. This 100 percent owned property covers about 120 square kilometers within the underexplored Thelon Basin in Nunavut, Canada. The project is located where the Yathkyed and Angikuni sub-basins meet, which is a region known globally for high-grade uranium potential. It sits directly along the same trend as the Angilak Project owned by ATHA Energy (TSXV:SASK, OTCQB:SASFK, FWB:XSU.F), which contains the Lac 50 deposit, one of the highest-grade uranium resources found outside of the Athabasca Basin with a historical mineral resource estimate of 43.3M lbs at an average grade of 0.69 percent U3O8.

Generation Uranium Yath Project

The Yath Project is contiguous to the Lac 50 trend and is crossed by several regional faults and basin boundaries. Past exploration work has already identified high priority targets, while surface sampling in the area has produced uranium grades from boulders, with some testing at 9.81 percent, 3.95 percent, and 2.14 percent U3O8.

The company has commenced its initial field program at the site, set to define and rank drill targets. Historic showings will be combined with new anomalies from the MMT geophysics survey, preparing the project for an anticipated drill permit.

Management Team

Michael Collins - CEO & Director

Michael Collins is a professional geoscientist with nearly 30 years of experience in mineral exploration. He has co-founded several public companies, including Exploits Discovery, Prime Mining (acquired in 2025), and Nuclear Fuels (merged with Premier American Uranium in 2025). He is also currently a director of First Atlantic Nickel.

Christoph Bruening - Director

Christoph Bruening is the founder and managing partner of Value Relations GmbH, a full-service investor relations and public relations agency in Frankfurt with over 25 years of excellence, focusing on mining, exploration, biotech and health care. In addition, he has listed over 600 companies on the Frankfurt Stock Exchange and is a speaker and author of several publications, including on rare earths and uranium.

Dallas Miller - Director

Dallas Miller has been working within the international mining industry for over 15 years, working with BHP and Santos Ltd. He has experience on the ground from an operational standpoint, as well as being an integral part of raising millions of dollars in capital funding for both private and public companies in recent years.

Roger Leschuk - VP Corporate Development

Roger Leschuk has been in corporate management for over two decades, with the past 15 years dedicated to corporate development and investor relations. He has experience participating in and assisting with mergers and acquisitions, and was an investment advisor for various services such as stocks, mutual funds and tax-sheltered investments. He is a Chartered Investment Manager and a Fellow of the Canadian Securities Institute.

Monty Sutton - CFO

Monty Sutton brings over 35 years of experience in public markets and corporate governance. He previously served as CFO for Nuclear Fuels from its IPO through its acquisition.

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