An unprecedented government deal is taking place.
For the first time in 48 years, both parties agree on this critical issue.
This agreement could provide a multi-billion-dollar boost to the uranium mining sector, which is critical to the advancement of their common agenda.
This is big news, yet it looks like very few are talking about it and some investors that find early trends before they go mainstream have potential to become the largest winners.
But when something like this happens, we think investors should take note.
It could possibly provide support to public companies’ valuations and create significant opportunities.
Some start-ups focused on the nuclear sector have raised billions of dollars… like Commonwealth Fusion Systems, which recently raised $1.8 billion.
And we recently learned about a company that one day in the future could, in our view, join this elite group if they are able to successfully explore and develop their properties.
Before we provide you with all the details, make sure to bookmark this name: Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC)…
…because the deal we are going to bring to your attention has uranium exploration at its core.
And Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC) could potentially reap substantial benefits from the trend that we see emerging.
Before we get to it… here is something we think you absolutely need to know.
Some of the world’s richest men agree that nuclear may be the only way to provide the world with clean and abundant energy.
And uranium is our pick for the number one commodity that could soar as the global “green revolution” megatrend unfolds.
Uranium is considered so valuable by some that it’s often treated like gold. It’s been called “the other yellow metal” for a reason…
Uranium could become a cornerstone of the energy revolution that is taking place in the United States and overseas.
This energy revolution relies on a simple fact…
The world is moving away from coal and fossil fuels.
There is no going back.
And some of the world’s richest people are endorsing uranium…
True, they care about the environment.
But they also see where the market is going. And where most of the potential money could be made, in our opinion.
A lot of people are probably still behind on this thinking… which prompts some of the world’s richest billionaires to remind the world about what may happen very soon.
Elon Musk, whose net worth is over $300 billion has expressed his support for nuclear power plants in areas that they are not susceptible to massive natural disasters.
It’s easy for us to understand why most investors don’t seem get it yet… but, as we will explain in a moment, nuclear power may be the only reliable source that can supply the world with enough electricity and power the “clean revolution.”
With electric vehicles pushing the demand for electricity higher than ever, it’s easy for us to see why Elon Musk is on board.
In an interview with a German publisher, Mr. Musk suggested that “[nuclear energy] might even be necessary if we’re to meet tomorrow’s need for electricity” — which he said would double by 2040.
Our discussion with the CEO of Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC) confirmed he agrees with this.
Before we dive into the company’s details, however, we would like to give you more examples of what some of the world’s best investors think about uranium.
Michael Burry, who has become a legend in the financial world after he successfully profited from the 2008 housing crisis, also endorses uranium.
Mr. Burry is as bullish as it gets: “I was bullish on uranium since 2018. As climate change becomes the focus for the world and countries want to reduce carbon emissions, countries are going nuclear.”
Jeff Bezos, one of the world’s richest men, is also invested in nuclear.
His fund reportedly put about $20 million in a Vancouver-based startup called General Fusion.
Could Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC) be on Jeff Bezos’s list of future potential investments? It’s hard to know. But this Vancouver-based mineral exploration company is looking for potential resources for the “clean energy” space, too, which Mr. Bezos’s fund is watching.
Bill Gates, whose net worth is about $134 billion, was also blunt about uranium.
In an interview last year, Mr. Gates said that nuclear power is absolutely critical. Specifically, he said: “We need more nuclear power to zero out emissions in America and to prevent a climate disaster.”
We aren’t saying that there’s some kind of “nuclear conspiracy” here. These men come from various industries and appear to have their eyes on uranium for their own purposes…
…From making sure that there’s enough electricity to power the EV revolution to making sure the world reaches its net-zero goals successfully… Some of the world’s most powerful people are supportive of nuclear energy.
And we think that when the market finally realizes this potential opportunity, Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC) and the rest of the industry could potentially get a very significant boost. Take a look at the video below,
Governments and private companies set ambitious emissions goals. One hundred thirty-seven countries committed to carbon neutrality. Almost all of them—90% to be precise—want to reach that goal by 2050.
And in the US, both Democrats and Republicans are on board.
But not only that… they focus on a key element that will help the US reach “net zero”: uranium.
Biden’s Department of Energy says that nuclear is “a key part of our clean energy future.”
The Department of Energy is in on this, too… it wants to build a uranium reserve for the country citing national security, among other critical reasons: “Revitalizing the U.S. nuclear fuel supply infrastructure would support the Administration’s goals […] including addressing the climate crisis, creating American jobs, positioning the U.S. to compete with economic rivals, and supporting national security.”
This goes beyond this Administration, however. The Democratic Party platform says that it now favors “all zero-carbon technologies, including hydroelectric power, geothermal, existing and advanced nuclear, and carbon capture and storage.”
Joe Manchin, the Democratic senator who single-handedly blocked Joe Biden’s climate and social spending bill… he is far from a “normal” Democrat who follows everything the party says… has been a vocal supporter of both uranium and nuclear power plants.
But it’s not only about the Democrats…
The Republican party is also on board.
And the Republicans are even more urgent in their message.
In their letter to then-president Trump, 27 Republican senators and Congress members said: “We strongly encourage [Donald Trump] to make improved access to federal lands with high-grade uranium deposits a top priority.”
John Barrasso (R-WY) said: “If we are serious about climate change, we must be serious about expanding our use of nuclear energy.”
Why the urgency?
Because there may be no other solution to the looming energy crisis.
And this urgency could be a massive catalyst both for the uranium sector as a whole and possibly even for Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC) in particular.
Let us explain…
Without nuclear, the world might need to prepare for apocalyptic blackouts…
And no, wind and solar energy will probably not be enough to get to net-zero emissions. Or to provide reliable electricity. We think the people who say so are wrong.
The only way to “clean up” the energy sector and meet soaring electricity demand may be through nuclear power. Here’s why.
Put simply, you can’t produce electricity from either wind or solar 24/7.
Solar becomes useless at night or even on a cloudy day.
Wind doesn’t blow around the clock, either.
But the demand for electricity doesn’t go away. On the opposite, it’s rising like crazy.
And the 2021 numbers are alarming…
Electricity demand rose 6%, or by the highest amount since 2010…
But carbon dioxide emissions did, too.
Why? Because there isn’t enough renewable capacity to fuel this surge in demand.
So, the world turns to oil and coal to fill the gap.
This is a shame… and an opportunity, now well-understood by the government and the market alike, to push for nuclear power.
And in doing so create a potential opportunity for players like Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC).
The situation is so bad it could end up in social disturbance…
And we’re not being dramatic here.
This gross mismanagement of energy prices could become “a driver of social and political tensions,” says the Energy Information Administration.
And when we mean social disturbance, we mean potential violence and looting.
Believe it or not, access to electricity can prevent major social crises.
Consider the 2019 New Orleans blackout… when it happened, officials imposed a curfew. And several incidents of looting were recorded. A special “anti-looting” police unit was created to fight it.
The massive power outages seen in California in 2021 are a sign of what can happen when the grid is strained and there’s not enough power to distribute to millions of people.
As states like California move away from fossil fuels and toward sustainable energy sources, they forget one simple thing… which we mentioned above.
Wind and solar aren’t enough.
Nuclear energy may be the only way the terrible outages in California could become less severe or disappear altogether.
And uranium stocks like Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC) might, in our view, be poised to benefit if and when the tide turns. Nuclear power is now said to be reliable and safe. California is learning this the hard way.
It is importing more power than any other state. And turning a blind eye on its insanely inadequate power supply.
On top of this, solar and wind power generators stopped working just as everybody needed them the most.
California’s former Governor Jerry Brown admitted that ignoring nuclear was a mistake. In an interview, he said: “[T]here are a lot of people that think we should even expand, significantly, the nuclear power plants we have.”
But the tide is changing. 76% of Californians support nuclear power.
If local governments follow the recommendation of a recent joint MIT-Stanford study regarding uranium and the Diablo Canyon Nuclear plant, the demand for uranium could surge. And it could potentially lift the whole uranium sector, including Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC).
The government must catch up—or endure another catastrophic summer in 2022.
Texas has the same problem as California. In February 2021, following a series of storms, its grid was under stress for over two weeks. It caused about $200 billion in damage and hundreds of lost lives.
The state couldn’t import enough electricity to meet its needs. Because of high demand and low supply, prices soared. Some customers ended up paying $5,000 for five days’ worth of power supply.
Nuclear supply stayed more consistent throughout the outage. It didn’t fall as much as other sources, such as natural gas, wind, or solar. In other words, it proved to be more stable than other sources of power.
This is why Texas, California, and other areas need more nuclear, not less.
And why we are bullish on uranium and Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC) in particular. Nuclear is more stable than other sources of power. It is clean.
And, critically, it is said to be safe and sustainable.
In fact, nuclear power is the safest by one critical metric.
In terms of deaths per terawatt-hour generated, nuclear is the safest one out there.
Wind power is 1.7 times more dangerous. Plus, wind power stations worsen the appeal of environment they work in. This might reflect in housing values of the local community.
Nuclear power plants are compact and efficient.
And don’t get us started on solar…
Solar is almost five times worse in terms of safety.
And coal is over 1,000 times more dangerous than nuclear.
In other words, coal is the “black death” of all power sources.
And nuclear is the incredible standout in terms of safety.
This is a major argument in favor of both nuclear power generation and uranium-focused exploration companies like Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC).
Nuclear power is also much more sustainable than other sources.
It is actually the cleanest one of them all.
A power plant emits just 3 tonnes of CO2-equivalent per gigawatt-hour of electricity.
Just three tonnes.
Wind? Four tonnes.
Hydropower plants emit over ten times more.
Natural gas? Four hundred ninety tonnes, or 160 times more than nuclear.
A coal plant emits 820 tonnes or 273 times more than a nuclear plant.
Switching to nuclear power as the safest and cleanest of them all is a no-brainer.
And we think a major part of any investment thesis is uranium exploration stocks like Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC).
But What About Waste?
It’s a great question.
Indeed, nuclear power plants produce waste.
But do you know how much?
It may boggle your mind if we tell you… but it’s backed with technical knowledge and our conversations with experts in the field…
A small-scale advanced nuclear power plant is said to produce just one soda can a year of waste.
Yes, you heard this right. Just one soda can.
And coal, by the way, is said to be way worse. In fact, there’s much more uranium in coal fumes than in nuclear plant waste.
To be precise, the ash emitted by a coal plant carries 100 times more radiation into the environment than a nuclear power plant that produces the same amount of electricity.
There is no way around the fact that nuclear may be the only way forward.
The “green revolution” might not happen without nuclear power.
Billionaires and even the government have realized that.
And some are throwing their weight beyond nuclear power.
They know it’s safe and clean. It is, in our view, better than solar and wind power in every way.
This “deal of the century” may paves the way for potential billion-dollar opportunities.
Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC) could potentially be part of this trend.
Investors should take note and look at this sector specifically.
But let us save you some time…
We think you need to know just this one word: Athabasca.
It’s a region in the Saskatchewan province of Canada.
And Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC) could one day potentially become a prominent player in one of the world’s best uranium regions.
The Athabasca region of Canada is sometimes called “the Saudi Arabia of uranium” for a reason.
Much like its Middle Eastern counterpart with its plentiful and high-margin oil reserves, Athabasca hosts multiple and high-grade uranium deposits.
Mostly because of Athabasca, Canada is the world’s second-largest producer of uranium, and the world’s third-richest when it comes to uranium reserves.
And with the political crisis in Kazakhstan, which is the world’s number one producer, we will not be surprised to see Canada regain the top position again.
If it does, Canada-based uranium producers and explorers like Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC) might become some of the most sought-after investments, in our view.
Within Canada, Athabasca is said to be the number one uranium area.
The sheer number of Athabasca deposits, and their excellent economics are the two reasons why Athabasca sometimes gets compared to Saudi Arabia.
Almost one-sixth of the world’s uranium production comes from Athabasca.
That’s how big it is in terms of quantity.
But the quality of the output is also said to be unmatched… it probably has the best economics in the world. And here’s proof… Ten out of the top fifteen highest-grade uranium projects are located here. And they are said to have about 20 times the world’s average purity.
We are following a uranium exploration company that we would like to bring to your attention.
It works on potentially promising targets in the Athabasca basin, what some call the “Saudi Arabia of uranium.” It is led by what we think is one of the best management teams in the business.
And it owns options on two massive exploration targets with seventeen mineral claims covering over 12,000 hectares.
Because of the location of the properties (we have a map below), the fact that they are a part of what some call the “Saudi Arabia of uranium” region, and because the people in charge look to have excellent business and technical acumen… The Financial Star is bullish on Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC).
Moreover, in our view, the company’s upcoming explorations could potentially become the first in a series of value-adding events.
We are hopeful for potentially value-adding news coming from Hearty Bay once Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC) starts its explorations.
Here is a map showing the company’s two projects, Hearty Bay and Lazy Edward Bay.
Both are located in Saskatchewan, referred to by some as “the Saudi Arabia of oil.”
It is, in our view, well-equipped to conduct these two exploration campaigns with about $8 million in cash and two option agreements with Fission 3.0 Corp. in place.
We think there could be an edge to the company’s understanding of the projects.
The company may rely in part on a geological model put together by Fission, which looks to have one of the best technical teams in the business. And this, in our view, could be one critical for its success of Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC).
We think so because members of the optionor’s technical team were involved in some of the biggest discoveries in the Athabasca region.
As far as expertise goes, in our opinion these people are top-notch.
Like Dev Randhawa, an industry veteran who was named The Northern Miner’s Mining Person of the Year in 2013.
And the company’s management is aiming to build Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC) into a major player in what some call the “Saudi Arabia of uranium.”
The optionor’s team which worked on Hearty Bay and Lazy Edward is unique. Here’s proof…
It’s the only team that made two significant uranium discoveries in the region.
No other team managed to do the same.
Take the Triple R deposit…
At the time of its discovery, it was the largest undeveloped high-grade deposit in the Athabasca region.
But the size and the grade weren’t the only highlights of Triple R…
Economics worked remarkably well, too. After the company finished a preliminary economic assessment (or PEA) on Triple R, it became clear that the project had the potential to become one of the lowest-cost sources of uranium in the world.
…and a billion-dollar net present value or NPV.
Waterbury was another discovery that the optionor’s team which worked on Traction’s projects made.
It is now owned by Denison mines and is reported to have great economics with a low-cost profile and a $177-million NPV.
In the past, the optionor of Traction Uranium’s projects managed to unlock value up to 58 times higher than its original value pre-discovery value.
And some high-profile investors have been taking notice…
Toronto-based Sprott is one of the best-known names in the resource investing world. Eric Sprott, the founder, is a Canadian billionaire businessman.
Recently, Sprott signaled its support for Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC) with a lead investment into the company.
This, in our view, is a vote of confidence from one of the biggest names in the North American resource investing area.
This interest is not coincidental. Sprott has been a proponent of nuclear energy for a while.
Recently, the company has called uranium “a key element for a net-zero carbon future.”
Sprott is also a large buyer of physical uranium. So, it’s no wonder that it wants to secure supply from as many producers, current and potential, as possible.
We also think of Sprott as the “Tesla of uranium.”
While the famous carmaker wants to lay its hands on all the lithium it can get access to, Sprott has interests in the uranium area.
This support from one of the industry’s biggest players is a positive, in our view. It could bode well for the company’s future.
This brings us back to the main topic of this article…
From Canadian billionaires like Eric Sprott to their US peers like Bill Gates and Elon Musk… to both parties of the US government…
Everybody is on board that nuclear energy is part of the future, and uranium is poised to play a key role in the global “net-zero” transition. This is why we are so bullish on Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC).
Not only does the company have investment from one of the most prominent industry investors… and access to what we think is a uniquely qualified technical team…
It is also located in what some call the “Saudi Arabia of uranium,” Athabasca, which is also one of the most mining-friendly places in the world. And the optionor’s team which worked on the company’s projects has experience unlocking significant value.
Will they succeed again? In our opinion, Traction Uranium Corp. (OTC:TRCTF, CSE:TRAC) has all it takes to stand out and achieve exploration success.
To learn more visit www.tractionuranium.com/investors/
Thank you for your loyal readership,
The Financial Star team
FORWARD-LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are forward-looking statements. Forward-looking statements in this material include that both of the main political parties in the United States government, and governments in other countries, will support uranium resources as an energy source of the future; that investment leaders and the investment community generally will be supportive of uranium resources as an energy source of the future; that uranium resources will be utilized as an energy source in the future and that the price for uranium will increase in value in future as currently expected due to global demand and political reasons; that Traction Uranium can fulfill all its obligations under its option agreements; that Traction Uranium’s properties will achieve drilling and mining success for uranium; that historical geological information, estimations and modeling in respect of the properties will prove to be accurate or at least very indicative that high-grade uranium targets exist; that Traction Uranium will be able to carry out its business plans, including future exploration and drilling programs; that the geological models established by the optionor will be confirmed as exploration of the properties continues; that Traction Uranium’s exploration results will gain the attention and interest of other companies and investors; that Traction Uranium’s exploration results will show promising results justifying ongoing exploration and possible development efforts. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that politics don’t have nearly the strong effect on uranium prices as expected; that demand for uranium may not increase and that uranium may not be accepted or utilized as an energy resource in the future for various reasons; that the uranium sector may not gain the anticipated support of governments and investors; that the Company may not complete its obligations under the option agreements for various reasons or otherwise earn its options in respect of the properties; that the Company may not be able to finance its intended drilling and exploration programs; Traction Uranium may not raise sufficient funds to carry out its business plans; that geological interpretations and technological results based on current data and modeling of the properties may change with explorations and more detailed information or testing; that the results from Traction Uranium’s proposed exploration programs may not support evidence of uranium deposits; that the preliminary drilling results, if any, may not confirm further exploration efforts are warranted; that Traction Uranium may fail to gain the attention and interest of other companies and investors; that Traction Uranium’s exploration efforts may fail to justify any ongoing exploration and/or development efforts; and even despite any possible promising results from drilling and exploration, there may be no commercially viable uranium or minerals on Traction Uranium’s properties. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.
NOT AN INVESTMENT ADVISOR. Financial Star News and its principals and agents are not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation.
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