By: Mark Bunting, Host, RCTV
We are fortunate at Red Cloud Media in that we get an up close and personal vantage point to explore and understand our clients’ projects, business models and prospects.
After hosting more than 25 interviews last November at my first Red Cloud Fall Mining Showcase, I made a point of assembling a stock watch list of several companies that impressed me with their stories and whose CEOs presented their respective company’s investment case in a succinct and compelling way.
It’s been fascinating to watch as more than a few of those companies have backed up their words with action, achieved milestones and rewarded shareholders in a challenging market.
F3 Uranium (TSXV: FUU; OTC: FUUFF) immediately leaps to mind because about a week after I interviewed Chairman and CEO Dev Randhawa last fall, the company announced it had made a high-grade uranium discovery at its Patterson Lake North (PLN) property.
Red Cloud Media created an interview-style advertisement for F3, featuring Randhawa, that ran on BNN Bloomberg, which brought more institutional and retail investor awareness to the company’s discovery.
Over the next 10 months, F3 Uranium continued to prove out its discovery with further drilling and provided the market with steady news flow such as the recent $15 million strategic investment from Denison Mines.
During this period, shares in F3 Uranium surged as much as 570 per cent and are still higher by more than 440 per cent, as of this writing.
Strathmore Plus Uranium (TSXV: SUU; OTC: SUUFF), another company of which Randhawa is Chairman and CEO, has drawn in investors in the past year with intriguing prospects at its three permitted uranium projects in Wyoming, the most prolific uranium producing state in America. The company is busy drilling and Randhawa has told us that Strathmore Plus Uranium has a “clear path to production” in a low-cost region.
Since our RCTV In Conversation interview with Randhawa about 10 months ago, the stock of Strathmore, propelled by positive news flow and tailwinds in the uranium sector, moved higher by more than 110 per cent after consolidating from higher levels.
UR-Energy (TSX: URG; NYSE: URG) is another company that has consistently delivered on its goals and pleased its shareholders.
The uranium producer, led by CEO John Cash, has re-started production at its Lost Creek in situ facility in Wyoming, and completed construction of its services facility. The company’s stock rose from a March low into late September by more than 90 per cent.
Interestingly, Strathmore Plus Uranium has a working agreement with UR-Energy to “evaluate ways to advance the Company’s Agate, Beaver Rim, and Night Owl projects…with the goal to “assess the feasibility of a negotiated business transaction for future processing of uranium from Strathmore’s Wyoming projects at Ur-Energy’s nearby facilities.”
F3 Uranium, Strathmore Plus Uranium, UR-Energy are just three examples of the benefits for investors of watching RCTV interviews and Red Cloud webinars to familiarize themselves with company projects, glean information, and get a sense of the people tasked with executing on company strategy.
Many of you have watch lists of companies in which you may want to invest – ideally before the rest of the market catches on. The key is to not just watch those stocks but to act on your convictions at the right time.
Taking a few positions in the companies you believe in can be a profitable exercise as evidenced by those three names. Now, I just need to take my own advice more often. 🙂