AGE Daily Report, page-267

It's just a matter of time. Nothing is inevitable when it comes to spec stocks but the uranium thesis is as close as it gets.

The best explorers with top notch management teams will always outperform developers and producers.

BOE is a safer bet, but at the end of a uranium boom stocks like BOE will be well down the pecking order when it comes to gains. I'm not knocking BOE by the way. It will do very well and is a safer bet than most, but it won't outperform the very best explorers. Nor will PDN and other well known U equities. History tells you this. Producers/developers don't garner the same sentiment and don't have the ongoing news flow or discoveries that lift the very best explorers. Will there be dud explorers enter the market ? Absolutely. Management is key when it comes to explorers.

It's worth reflecting on a bit of recent history when it comes to AGE. In the *June 2020 you could buy 1mil shares in AGE for $4,000. It costs you 9 times that today. Other uranium stocks, such as GTR, THR and TOE are less or the same today as that corresponding period. At one point I owned all three. They don't have twice the gains from that period let alone the 9 X gains of Alligator Energy.

There's no other uranium stock I'd rather be on today than AGE.

*Note: I'm not talking about 22 March 2020 when all stocks plummeted, but mid year of 2020 when many had made significant gains.