Featured Company /
Atomic Minerals Corp.
There have been several fundamental factors contributing to the recent increase in uranium prices from $28.90 per pound on April 30, 2021 to $53 per pound on April 30, 2022. There isn’t any indication that this is temporary. Rather, signals are pointing to a protracted spike in demand that some experts see as driving uranium prices possibly to $100 per pound , resulting in a large shortfall in supply. There are two factors creating an opportunity for uranium bugs to capitalize: Russia and the energy crisis.
Russia and its allies, Uzbekistan and Kazakhstan (easily the world’s largest producer), combine to produce roughly half of the world’s uranium, used in nuclear reactors and for medical, industrial, and defense purposes globally. Russia’s incessant attacks in Ukraine have already led to unprecedented sanctions, but none that have been directed at uranium…yet. It’s likely that part of the rise in uranium prices is the result of pricing in potential supply disruptions. However, with Russia refusing to back down, countries, including Germany and Poland , and organizations, such as Nuclear Information and Resource Service , are taking a more aggressive stance, calling for action to ban the use of Russian uranium.
There are two important things to consider here. One, Russian President Vladamir Putin doesn’t seem concerned about sanctions. He is on an unrelenting mission to destroy Ukraine despite threats of additional sanctions. Two, if bans do indeed happen, the supply chain will be reshaped for the foreseeable future, perhaps permanently, giving other leading suppliers, like Canada, an unprecedented opportunity to fill a massive supply short fall.
Additionally, there is a looming energy shortage on the horizon. This has nothing to do with Russian’s antics and was going to happen regardless.
As noted by Atomic Minerals Corporation (TSX Venture: ATOM)
What’s the answer? Solar? Geothermal? Wind? No, none of these alternatives make sense, as they all have scalability and economic-related limitations. Uranium, used in nuclear reactors to create steam to turn turbines, is the only economically cost-effective, clean-energy solution.
There is already a production shortfall of roughly 83 million pounds annually. This gap is currently being covered by utilizing strategic reserves. When those reserves are exhausted at a time of rising demand, uranium prices are going to soar, and the world will witness a land rush like never seen before for uranium projects.
There are presently about 440 nuclear power reactors operating in 32 countries plus Taiwan that provide about 10% of the world’s electricity. Countries know they must act to meet future demand and are already moving to generate more clean electricity.
Right now, there are 59 nuclear reactors under construction worldwide. Construction of another 102 are planned, with 346 more proposed. If all are built, that’s a 115% increase (assuming none are decommissioned).
It doesn’t take an analyst certification to do the math. 83 million pound annual shortfall now. 115% increase in the number of nuclear power reactors. Those numbers add up to the need for a lot more mines supplying uranium.
Investor Highlights for Atomic Minerals Corp. (TSX Venture: ATOM):
• Uranium Prices Destined For Long-Term Upward Trend. There are two leading drivers creating an opportunity for uranium bugs to capitalize: Russia and the energy crisis. There have been several fundamental factors undergirding the rise in uranium prices from $28.90 per pound on April 30, 2021 to $53 per pound on April 30, 2022. There are no indications that this is temporary. Rather, signals are pointing to a protracted spike in demand that some experts see as driving uranium prices possibly to $100 per pound on the back of a large supply shortfall.
• Worldwide Power Shortage Driving Demand. There is an impending worldwide power shortage that requires a 49% increase in electricity by 2040. By 2050, the world is expected to consume 70 Terawatts of electricity annually from 17.7 Terawatts in 2021.
• Uranium Mismatch Bullish For Uranium Miners. A 83 million pound annual shortfall now. A 115% increase in the number of nuclear reactors. Add it all up, those numbers equal the need for a lot more mines supplying uranium.
• Listen For Acquisition News. Atomic Minerals Corp. is focused on advancing its Lloyd Lake uranium project in Saskatchewan’s prolific Athabasca Basin, while staking of strategic uranium assets in the western United States. At that point, investors would be wise to listen for acquisition news, as ATOM CEO Clive Massey recently said he’ll provide more details on expanding the portfolio in the U.S. as staking is completed.
• Seasoned Management Team. Throughout his career Mr. Massey has held senior leadership and director positions at multiple junior explorers and miners. He is joined in the C-suite at Atomic by CFO Alexander Helmel, who has served as CFO and director for several junior mining and early-stage venture companies in the Canadian capital markets. Richard “Dick” Dorman recently was appointed to the Board of Directors, Foster Wilson, past CEO of Mesa Uranium recently joined the Board as well, bringing nearly three quarters of a century in mineral exploration experience, including decades in the uranium business, to the team.
• World Class Mining Location. Saskatchewan is consistently ranked as one of the best mining jurisdictions in the world (as well as 3rd for mining investment in 2021 by the Fraser Institute), complete with supportive government, skilled labor, straightforward permitting, and robust infrastructure.
• Market Cap Imbalance Benefits The Bulls. Atomic Minerals has a C$2.74 million market cap. However, the company raised C$1.94 million through a private placement, meaning it is trading at only C$800,000 over its cash balance.
Atomic Minerals Corporation (TSX Venture: ATOM) is focused on advancing its Lloyd Lake uranium project in Canada’s prolific Athabasca Basin, while staking of strategic uranium assets in the western United States. At this point, investors would be wise to listen for acquisition news, as ATOM CEO Clive Massey recently said he’ll provide more details on expanding the portfolio in the U.S. as staking is completed.
Massey is leading a highly skilled management and technical team with numerous previous successes in the junior mining sector and capital markets. Throughout his career Massey has held senior leadership and director positions at multiple junior explorers and miners. He is joined in the C-suite at Atomic by CFO Alexander Helmel, who has served as CFO and director for several junior mining and early-stage venture companies in the Canadian capital markets. Richard “Dick” Dorman recently was appointed to the Board of Directors, bringing nearly half a century of mineral exploration experience, including decades in the uranium business, to the team. Other board members include Jamie Hyland and Foster Wilson, which share a combined 55+ years working with explorers in financial and mining capacities, respectively.
Lloyd Lake is a high-quality asset in Saskatchewan's Athabasca Basin. The 6,777-hectare property is located near the village of La Loche and 90 kilometers southeast of Fission Uranium's (OTCQX: FCUUF) (TSX: FCU)
It’s worth noting that Fission Uranium has a C$492 million market capitalization, which speaks to the upside of Atomic Minerals and its C$2.74 million market cap. Apropos, Atomic raised C$1.94 million through a private placement, meaning it is trading at only C$800,000 over its cash balance.
The Lloyd Lake project, known to host a significant northeast trending corridor parallel anomalous in radon gas (a decay product of uranium) and in lake sediment uranium, has a significant dataset already. The property was extensively explored by the Western Athabasca Syndicate as part of the Preston Property in 2013. Work by the syndicate involved airborne EM-magnetic and radiometric surveys followed by preliminary prospecting of areas identified in historical assessment reports. This was followed by systematic lake-bottom sediment sampling and lake-bottom water sampling for radon gas analysis.
Ground exploration included broad soil, biogeochemical and radon-in-soil surveys, generally at 100 meters to 200 meters sample spacing and 200-400 meters line spacing. Groundwork was tailored to cover anomalous airborne geophysical features and lake geochemical anomalies derived from phase 2 work. Throughout phases 2 and 3 prospecting and mapping, traverses were undertaken as follow-up to airborne radiometric anomalies, and to further ground-truth the airborne responses for the purposes of generating a baseline geological map of the property. The project was also investigated by a versatile time-domain electromagnetic (VTEM plus) and aeromagnetic survey completed by Geotech Ltd., and an airborne radiometric-VLF-EM and magnetic survey completed by Goldak Airborne Surveys.
The primary exploration target at Lloyd Lake is an approximately 8.5 kilometer northeast trending zone corresponding to a magnetic break concurrent with an array of parallel EM conductors: a typical exploration signature in the basin. Anomalous radon gas as well as anomalous uranium and gold values in lake sediments, also lie within the target zone.
In layman’s terms, the data to date indicates that Lloyd Lake is a high-quality target requiring further exploration of what appears to be uranium (and some gold) deposits trending northeast across the expansive property.
The latest exploration work is underway, with KBM Resources Group contracted by Atomic in April to conduct an airborne survey over Lloyd Lake to follow up on a complex array of subsurface conductors coincident with surface radiometric anomalies uncovered during historic exploration programs. The strategy is that the combination of new and existing magnetics will better inform Atomic to conduct a maiden drilling program this summer, a milestone moment for an explorer.
There is a lot to look forward to with Atomic Minerals, a tiny market cap company that is flying under the radar of the broader markets since becoming a uranium play with the optioning of Lloyd Lake in November. There could be any number of catalysts, including results from the airborne study, an acquisition, or news that drilling is going to commence.
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AllPennyStocks.com Media, Inc., founded in 1999, is one of North America’s largest and most comprehensive small-cap / penny stock financial portals. With Canadian and U.S. focused penny stock features and content, the site offers information for novice investors to expert traders. Outside of the countless free content available to visitors, AllPennyStocks.com Pro (premium service) caters to traders looking for that trading edge by offering monthly stock picks, daily penny stock to watch trade ideas, market commentary and more.
As a result of its commitment to journalistic excellence and abundance of information in a particular area of equity investing (micro-cap investing) where there aren’t many credible sources of information, AllPennyStocks.com continues to have one of the largest audiences of micro-cap investors on the internet.
Corporate Snapshot:
Atomic Minerals Corp.
Stock Symbol:
CA
Stock Exchange:
TSX-Venture
Sector:
Natural Resources
52 Week High:
$0.1300
52 Week Low:
$0.0350
Current Stock Quote / Chart / News: Click here
Information as of
June 07, 2022
There have been several fundamental factors contributing to the recent increase in uranium prices from $28.90 per pound on April 30, 2021 to $53 per pound on April 30, 2022. There isn’t any indication that this is temporary. Rather, signals are pointing to a protracted spike in demand that some experts see as driving uranium prices possibly to $100 per pound , resulting in a large shortfall in supply. There are two factors creating an opportunity for uranium bugs to capitalize: Russia and the energy crisis.
Russia and its allies, Uzbekistan and Kazakhstan (easily the world’s largest producer), combine to produce roughly half of the world’s uranium, used in nuclear reactors and for medical, industrial, and defense purposes globally. Russia’s incessant attacks in Ukraine have already led to unprecedented sanctions, but none that have been directed at uranium…yet. It’s likely that part of the rise in uranium prices is the result of pricing in potential supply disruptions. However, with Russia refusing to back down, countries, including Germany and Poland , and organizations, such as Nuclear Information and Resource Service , are taking a more aggressive stance, calling for action to ban the use of Russian uranium.
There are two important things to consider here. One, Russian President Vladamir Putin doesn’t seem concerned about sanctions. He is on an unrelenting mission to destroy Ukraine despite threats of additional sanctions. Two, if bans do indeed happen, the supply chain will be reshaped for the foreseeable future, perhaps permanently, giving other leading suppliers, like Canada, an unprecedented opportunity to fill a massive supply short fall.
Additionally, there is a looming energy shortage on the horizon. This has nothing to do with Russian’s antics and was going to happen regardless.
As noted by Atomic Minerals Corporation (TSX Venture: ATOM)
What’s the answer? Solar? Geothermal? Wind? No, none of these alternatives make sense, as they all have scalability and economic-related limitations. Uranium, used in nuclear reactors to create steam to turn turbines, is the only economically cost-effective, clean-energy solution.
There is already a production shortfall of roughly 83 million pounds annually. This gap is currently being covered by utilizing strategic reserves. When those reserves are exhausted at a time of rising demand, uranium prices are going to soar, and the world will witness a land rush like never seen before for uranium projects.
There are presently about 440 nuclear power reactors operating in 32 countries plus Taiwan that provide about 10% of the world’s electricity. Countries know they must act to meet future demand and are already moving to generate more clean electricity.
Right now, there are 59 nuclear reactors under construction worldwide. Construction of another 102 are planned, with 346 more proposed. If all are built, that’s a 115% increase (assuming none are decommissioned).
It doesn’t take an analyst certification to do the math. 83 million pound annual shortfall now. 115% increase in the number of nuclear power reactors. Those numbers add up to the need for a lot more mines supplying uranium.
Investor Highlights for Atomic Minerals Corp. (TSX Venture: ATOM):
• Uranium Prices Destined For Long-Term Upward Trend. There are two leading drivers creating an opportunity for uranium bugs to capitalize: Russia and the energy crisis. There have been several fundamental factors undergirding the rise in uranium prices from $28.90 per pound on April 30, 2021 to $53 per pound on April 30, 2022. There are no indications that this is temporary. Rather, signals are pointing to a protracted spike in demand that some experts see as driving uranium prices possibly to $100 per pound on the back of a large supply shortfall.
• Worldwide Power Shortage Driving Demand. There is an impending worldwide power shortage that requires a 49% increase in electricity by 2040. By 2050, the world is expected to consume 70 Terawatts of electricity annually from 17.7 Terawatts in 2021.
• Uranium Mismatch Bullish For Uranium Miners. A 83 million pound annual shortfall now. A 115% increase in the number of nuclear reactors. Add it all up, those numbers equal the need for a lot more mines supplying uranium.
• Listen For Acquisition News. Atomic Minerals Corp. is focused on advancing its Lloyd Lake uranium project in Saskatchewan’s prolific Athabasca Basin, while staking of strategic uranium assets in the western United States. At that point, investors would be wise to listen for acquisition news, as ATOM CEO Clive Massey recently said he’ll provide more details on expanding the portfolio in the U.S. as staking is completed.
• Seasoned Management Team. Throughout his career Mr. Massey has held senior leadership and director positions at multiple junior explorers and miners. He is joined in the C-suite at Atomic by CFO Alexander Helmel, who has served as CFO and director for several junior mining and early-stage venture companies in the Canadian capital markets. Richard “Dick” Dorman recently was appointed to the Board of Directors, Foster Wilson, past CEO of Mesa Uranium recently joined the Board as well, bringing nearly three quarters of a century in mineral exploration experience, including decades in the uranium business, to the team.
• World Class Mining Location. Saskatchewan is consistently ranked as one of the best mining jurisdictions in the world (as well as 3rd for mining investment in 2021 by the Fraser Institute), complete with supportive government, skilled labor, straightforward permitting, and robust infrastructure.
• Market Cap Imbalance Benefits The Bulls. Atomic Minerals has a C$2.74 million market cap. However, the company raised C$1.94 million through a private placement, meaning it is trading at only C$800,000 over its cash balance.
Atomic Minerals Corporation (TSX Venture: ATOM) is focused on advancing its Lloyd Lake uranium project in Canada’s prolific Athabasca Basin, while staking of strategic uranium assets in the western United States. At this point, investors would be wise to listen for acquisition news, as ATOM CEO Clive Massey recently said he’ll provide more details on expanding the portfolio in the U.S. as staking is completed.
Massey is leading a highly skilled management and technical team with numerous previous successes in the junior mining sector and capital markets. Throughout his career Massey has held senior leadership and director positions at multiple junior explorers and miners. He is joined in the C-suite at Atomic by CFO Alexander Helmel, who has served as CFO and director for several junior mining and early-stage venture companies in the Canadian capital markets. Richard “Dick” Dorman recently was appointed to the Board of Directors, bringing nearly half a century of mineral exploration experience, including decades in the uranium business, to the team. Other board members include Jamie Hyland and Foster Wilson, which share a combined 55+ years working with explorers in financial and mining capacities, respectively.
Lloyd Lake is a high-quality asset in Saskatchewan's Athabasca Basin. The 6,777-hectare property is located near the village of La Loche and 90 kilometers southeast of Fission Uranium's (OTCQX: FCUUF) (TSX: FCU)
It’s worth noting that Fission Uranium has a C$492 million market capitalization, which speaks to the upside of Atomic Minerals and its C$2.74 million market cap. Apropos, Atomic raised C$1.94 million through a private placement, meaning it is trading at only C$800,000 over its cash balance.
The Lloyd Lake project, known to host a significant northeast trending corridor parallel anomalous in radon gas (a decay product of uranium) and in lake sediment uranium, has a significant dataset already. The property was extensively explored by the Western Athabasca Syndicate as part of the Preston Property in 2013. Work by the syndicate involved airborne EM-magnetic and radiometric surveys followed by preliminary prospecting of areas identified in historical assessment reports. This was followed by systematic lake-bottom sediment sampling and lake-bottom water sampling for radon gas analysis.
Ground exploration included broad soil, biogeochemical and radon-in-soil surveys, generally at 100 meters to 200 meters sample spacing and 200-400 meters line spacing. Groundwork was tailored to cover anomalous airborne geophysical features and lake geochemical anomalies derived from phase 2 work. Throughout phases 2 and 3 prospecting and mapping, traverses were undertaken as follow-up to airborne radiometric anomalies, and to further ground-truth the airborne responses for the purposes of generating a baseline geological map of the property. The project was also investigated by a versatile time-domain electromagnetic (VTEM plus) and aeromagnetic survey completed by Geotech Ltd., and an airborne radiometric-VLF-EM and magnetic survey completed by Goldak Airborne Surveys.
The primary exploration target at Lloyd Lake is an approximately 8.5 kilometer northeast trending zone corresponding to a magnetic break concurrent with an array of parallel EM conductors: a typical exploration signature in the basin. Anomalous radon gas as well as anomalous uranium and gold values in lake sediments, also lie within the target zone.
In layman’s terms, the data to date indicates that Lloyd Lake is a high-quality target requiring further exploration of what appears to be uranium (and some gold) deposits trending northeast across the expansive property.
The latest exploration work is underway, with KBM Resources Group contracted by Atomic in April to conduct an airborne survey over Lloyd Lake to follow up on a complex array of subsurface conductors coincident with surface radiometric anomalies uncovered during historic exploration programs. The strategy is that the combination of new and existing magnetics will better inform Atomic to conduct a maiden drilling program this summer, a milestone moment for an explorer.
There is a lot to look forward to with Atomic Minerals, a tiny market cap company that is flying under the radar of the broader markets since becoming a uranium play with the optioning of Lloyd Lake in November. There could be any number of catalysts, including results from the airborne study, an acquisition, or news that drilling is going to commence.
About AllPennyStocks.com:
AllPennyStocks.com Media, Inc., founded in 1999, is one of North America’s largest and most comprehensive small-cap / penny stock financial portals. With Canadian and U.S. focused penny stock features and content, the site offers information for novice investors to expert traders. Outside of the countless free content available to visitors, AllPennyStocks.com Pro (premium service) caters to traders looking for that trading edge by offering monthly stock picks, daily penny stock to watch trade ideas, market commentary and more.
As a result of its commitment to journalistic excellence and abundance of information in a particular area of equity investing (micro-cap investing) where there aren’t many credible sources of information, AllPennyStocks.com continues to have one of the largest audiences of micro-cap investors on the internet.
Forward Looking Statements
This report includes forward-looking statements that reflect current expectations about its future results, performance, prospects and opportunities. Atomic Minerals Corp. has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "we are confident" or similar expressions. These forward-looking statements are based on information currently available and are subject to a number of risks, uncertainties and other factors that could cause Atomic Minerals Corp.'s actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and other factors include, without limitation, the Company's growth expectations and ongoing funding requirements, and specifically, the Company's growth prospects with scalable customers, and those outlined above. Other risks include the Company's limited operating history, the Company's history of operating losses, consumers' acceptance, the Company's use of licensed technologies, risk of increased competition, the potential need for additional financing, the terms and conditions of any financing that is consummated, the limited trading market for the Company's securities, the possible volatility of the Company's stock price, the concentration of ownership, and the potential fluctuation in the Company's operating results.
Disclaimer
AllPennyStocks.com feature stock reports are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this report was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. For more information see our disclaimer section, a link of which can be found on our web site. This document contains forward-looking statements, particularly as related to the business plans of the Company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Actual results may differ materially from the Company's expectations and estimates. This is an advertisement for Atomic Minerals Corp. The purpose of this advertisement, like any advertising, is to provide coverage and awareness for the company. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country.
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