SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Uranium Stocks
URNM 58.36-4.0%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gib Bogle who wrote (29723)9/20/2025 2:59:35 PM
From: Paul Senior  Read Replies (1) of 30074
 
I hope you are right. It's definitely an easier buy for me, because I don't have to evaluate mines - their business aspects - mine life, debt structures, cost structures, etc. Also easier to follow - I will assume the trust will trade +- 10% of what U sells for (spot market number). This all gives me more peace-of-mind with a larger commitment to SRUUF than I'm willing to make with uranium miners/processors. Of course, that's just me - others may have different goals/objective for their uranium holdings. GLTA.


One aspect of Sprott that American buyers/holders should beaware of, and that is that SRUUF is a PFIC - Passive Foreign Investment Company - and that may have tax consequences depending on how much the buyer has and where it's held. I believe I eliminate that possible issue by holding shares in a non-taxable account. OTOH, that would eliminate possibility of less taxes by selling for long-term capital gain from a taxable account. (All jmo; I'm not a tax expert.).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext