I did post this in the other thread however is pertinent for new readers/buyers of THR.
Some key stats around Russia/Ukraine and the impacts on key commodities and supply chains.
My personal investment thesis is strictly around supply chains. (Ground to market speed/price/payment)
The What?
Metals and metal products
“Russia controls roughly 10 percent of global copper reserves and is a major producer of aluminum, nickel, platinum, and other precious metals that are integral to the manufacture of everything from kitchen appliances to laptops to mobile phones, while the chip industry relies heavily on Ukrainian-sourced neon. Supply disruptions in these and other key commodities will trigger price increases for economically vital products such as batteries, and hinder the manufacture of semiconductors, jet engines, automobiles, and some medicines.”
OIL
“Oil futures have increased by nearly 45 percent since December 1, when crude was trading at around $65 a barrel. Some estimates suggest that a Russian invasion could raise oil prices to $150 a barrel, cut global GDP growth by close to 1 percent, and double inflation.
Why THR?
THR
1. Gold MRE - Gold prices to come close to $2000
2. Copper MRE and potential upgrade - Touted as one of the biggest commodity winners for 2022
3. Lithium - Potential with Ragged Range and AU based with focus on local Supply Chains being developed
4. Uranium - US geography with historically good grade of U - Sprott buying up physical uranium and proposed listing in US
And now...
All points to great things ahead. Given the level of uncertainty in the markets overall, it seems like we are onto a winner with THR.
DYOR and this is an FYI, all readily available across several platforms.
I recently opened a position in THR and continue to accumulate at these levels.
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