URANIUM

Today we will share two important lessons we have learned (the hard way) for micro-cap/small-cap investing.

Our investment GTi Resources (ASX:GTR) is currently in the middle of a maiden drilling program at its uranium project in the USA. So far, drilling results have exceeded GTR’s expectations - this is after only 10 holes drilled, and another 90 more holes either in progress or still to be drilled.

Today GTR confirmed it has launched its maiden drilling programme in Wyoming - the uranium capital of America where over 80% of domestic supply is produced.

Yesterday GTi Resources (ASX:GTR) announced that they have secured two drill rigs for the upcoming drilling programme at its Wyoming uranium project next month.

Three stocks in our portfolio are catching our eye this week for various reasons. With the China's curb on fertiliser exports, demand for nuclear power surging and the zinc price at all time highs - these stocks stand to gain the most.

We added GTR to the Next Investors portfolio almost 18 months ago when the uranium price went on a run. However, the uranium price rise wasn’t sustained - it cooled off and traded sideways over the next year, as did GTR’s share price.[to insert]

GTR Resources (ASX: GTI) has today announced the completion of its uranium and vanadium drilling program at the Jeffrey Project in Utah. Results are due within the next 10 days.

GTR has been on a strong run, climbing another 33% this morning and up 380% since The Next Mining Boom first initiated coverage on 29 April at 1.2 cents.

Who is the ASX-listed small cap that has acquired a number of highly prospective, past producing uranium and vanadium properties located in the USA at a time when that country has flagged its intentions to become a nuclear powerhouse again?

Furthering its investment in the battery minerals space and its exposure to the electric vehicle revolution, Delecta (ASX:DLC) has announced its intent to acquire the Copper Ridge project in Utah, USA.