This Skyharbour Resources profile is part of a paid investor education campaign.
Overview
Industry experts expect uranium prices to rise and the nuclear industry resurgence to start accelerating as uranium continues to play an integral role in the generation of clean, base-load, affordable and reliable energy globally. Despite a predicted demand for uranium topping 180 million pounds in 2020, a major supply-side response has played out in recent years and supply deficits have continued to grow. As uranium is needed for nuclear power, exploration and development companies focused on uranium-based assets could benefit significantly in the coming years as renewed investor interest comes back to the sector.
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Purepoint Uranium Outlines 2021 Exploration Plans
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Purepoint or the
Company ) today released its exploration schedule for the remainder of the year, focusing on its large portfolio of 100% owned uranium projects strategically located across Canada s Athabasca Basin; host to the world s highest grade uranium resources. There has been significant investment flowing into uranium companies over the past six months, signaling a potential near-term revival of uranium prices said Chris Frostad, Purepoint s President and CEO. The timing is right for us to return to the exploration projects we initiated over a decade ago. We believe that the investments we make in advancing these projects now will unlock significant value and opportunities over the coming year .
Athabasca Uranium Junior Skyharbour Resources Well Positioned for Sector Liftoff
Contributed Opinion
Streetwise Reports (4/8/21) Skyharbour Resources CEO Jordan Trimble speaks with Peter Epstein of Epstein Research to discuss the uranium market and provide an update on his company s Canadian projects.
Many uranium juniors have had nice share price gains over the past few months. This, despite the underlying spot uranium price being stuck around US$30/lb. The reason for the gains can be traced back to electricity consumption, which is poised to move a lot higher in coming decades as electrifying global modes of transportation really takes off.
And of course, there s also the massive effort to decarbonize the planet s economies. With the possible exception of hydroelectric generation, nuclear energy is the only base load, low-emission, always on power source.
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