Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: FIFO_kid2 who wrote (72424)	2/25/2023 1:31:23 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78667

Uranium. I'm going to believe the price of uranium will continue to increase because the demand for it will increase in new nuclear power plants and current plants. Sprott Uranium trust buying physical uranium has forced the price of uranium a lot higher (50%)? I can't see that. Doesn't seem like the trust owns that much uranium. If true though that Sprott can drive the price higher, wouldn't that suggest we're at the margin where there's just not a lot of uranium out there for sale. (Given Sprott's "small?" buys able to push up the price). This would be a positive if utilities and new developments themselves, eventually require more uranium. I will take a small position in SRUUF, Sprott Physical Uranium Trust Fund. I'll consider too the Sprott Uranium Miners ETF (URNM) (mentioned earlier), but in general I'm not a fan of etf's.

To: FIFO_kid2 who wrote (72424)	2/25/2023 2:06:10 PM
From: Paul Senior	Respond to of 78667

Florida-domiciled insurance companies. I had UIHC. Looking at my records I can't easily see what happened. Likely a large percentage loss on the few shares I held. My concerns today remain as I posted 9/21: I don't trust dink insurance companies. Especially ones trading out of Florida. And I don't trust that companies writing p&c policies in areas where there seems to be continuing "unusual" or "rare" catastrophic weather events really understand the risks they are insuring. I shoulda stayed away. Weather problems are as bad or worse in Florida since I posted. Can any of these small insurance companies properly assess risks or limit their exposure there? If they can't then reliance on an apparently sold balance sheet might be wrong. HRTG somewhat attractive. Otoh, for me, once bitten, twice shy.