Kivalliq flagship project is the Angilak uranium property, located in Nunavut, but the company also holds the Baker Basin property, also in Nunavut, and the Hatchet Lake and Genesis properties in Saskatchewan.
In an interview, Paterson looks at the current disconnect between the uranium spot price and uranium company share prices. I think actually it is the value growth in the underlying commodity and the underlying value of the companies has grown, but because of the general market malaise it has masked the value increase in terms of the share price. So the company share prices have not reacted, but the value has increased, he said.
He also touches on the market impact that may come from two recent accidents at major uranium mines, and identifies other catalysts that may affect the uranium market and price of the commodity. Generally over time the big one is the growth in the reactors, he said, adding, despite what people in North America think, there is actually growth in the uranium business, in the nuclear business, particularly in China. India, and Russia as well. He anticipates reactors planned for those countries generating uranium demand for decades to come.
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Managed & Built by I2M Consulting, LLC | © 2010-
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