This Man is 100% in Uranium: Which Stocks, Why, How & When to sell

Terry Papineau told me that his portfolio is 100% invested in uranium. About 60% of Terry's portfolio is in uranium exploration stocks, Standard Uranium appears to be the one he favours the most right now. In total, Terry told me he has about a dozen (12) uranium stocks in his portfolio and he's after big gains like 10X or even 20X.

This is just a short clip from the full 1-hour interview, which was recorded on June 17. You can watch the full interview for free over here (no login required):
https://www.baby-investments.com/interviews

Terry Papineau is a retired teacher from Canada whose portfolio is now 100% invested in uranium stocks.

He told me that about 60% of that portfolio is invested in early stage exploration uranium companies, which are looking to find uranium in the Athabasca Basin, which, if successful, could make their market cap go up 10X or even 20X.

Terry told me that when he picks uranium stocks, he looks for:
- Low market cap
- Good management team
- Good exploration team
- Good property
- Low number of the fully diluted shares

As an example, mr. Papineau told me that he likes Purepoint Uranium, Baselode and Standard Uranium. In the full interview, at the end we covered all the different uranium stocks that me & Terry are watching and he also included Iso Energy & Canalaska Uranium in there, saying that he thinks they have a lot of potential left.

Mr. Papineau's buying strategy is one that is known to the uranium investing community - scaling in. Which means that when he wants to enter into a position, he doesn't deploy all of his capital at once, but he buys in bit by bit. Terry told me that the same is true for his exiting strategy. He said that he'll start gradually scaling out of uranium stocks when a couple of the fundamentals point him in that direction.

Terry told me to watch Smith Weekly's video on exiting strategies, and I think that video is a must-watch for any uranium investor. Andrew Smith took part in the last uranium bull cycle and he had some great points. Must watch video.

When new money becomes available for Terry, he looks to deploy that money back into uranium stocks, and he has a checklist with a couple of different metrics that tell him which stocks to go more or less heavy on. The market cap is a big metric for mr. Papineau as he is looking for 10X or 20X potential at least. So, if a uranium company he used to own goes from $10M in market cap to $150M in market cap, he will likely look for something else to substitute that company with.

According to Terry, it's too early to talk about exiting, but it isn't too early to think about an exiting strategy and he suggests uranium investors think about having an exiting strategy even before they've entered.

If I may add, it's helped me to have a plan for the money. Meaning, I'm not just going into uranium without a goal. I don't want to turn $10K into $200K. I want to turn $10K into a house. Denominating your profits in something physical sounds like a very good strategy and I'm using it.

This helps me not to become greedy because if my example $10K position goes to $200K, I wouldn't say "well, it could go to $400K", I would say "I can buy a house for $10K. Let's do it".

At the end, I said that I would prefer to exit early rather than late, because as Robert Moriarty says, the only alternative to walking away with a profit is walking away with a loss. He also says "nobody ever went broke by taking a profit" - and I think that's very true.

TIMESTAMPS:
00:00 Important notice
00:33 Portfolio allocation + criteria
06:00 How important are warrants & shares outstanding?
08:00 Terry's favourite uranium stock (explorer)
11:47 Buying strategy for uranium stocks (scaling in)
13:55 How he picks uranium stocks
18:30 When to sell uranium stocks (exiting strategy)
21:00 Closing thoughts

Important notice: none of this is financial advice. None of this is an invitation to make any trades. Your capital may be at risk. You must always do your own analysis and take your own decisions. Before continuing you must read the full disclaimer at the beginning of the video.

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