Skyharbour Resources Shoots and Scores in Basement Rocks of the Athabasca Basin
Source: Peter Epstein for Streetwise Reports 06/21/2019
Good drill results from the Maverick Zone, coupled with strengthening sentiment on uranium, bode well for this company, says Peter Epstein of Epstein Research.
I’ve attended two metals and mining conferences this month and two in May. Last month there was little consensus on what might happen with Section 232 in the U.S. This month, I’ve heard more positive takes. While exciting for the five to six uranium juniors with assets in the U.S., it’s also very good for the sector. The removal of this uncertainty next month could move uranium prices higher after having stalled at ~US$29 per pound (US$29/lb) six months ago.
I’ve spoken with more than 20 companies exploring for gold (Au), silver (Ag), copper (Cu), zinc (Zn), nickel (Ni), lead (Pb), lithium (Li), magnesium (Mg), vanadium (V), cobalt (Co), rare earth elements (REEs) and uranium. Spot price notwithstanding, sentiment on uranium is surprisingly high. Rare earth metals are hot, copper sentiment is solid, vanadium, gold, silver, cobalt, lithium—cold to ice-cold.
( Companies Mentioned: SYH:TSX.V; SYHBF:OTCQB, )
Source: https://www.streetwisereports.com/article/2019/06/21/skyharbour-resources-shoots-and-scores-in-basement-rocks-of-the-athabasca-basin.html
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