The long-dormant uranium sector is about to spring to life...

Especially in the United States, which operates 95 nuclear reactors but only produces enough uranium for one.

The last time this set-up occurred, investors made 10X to 100X their money.

Factors are afoot, explained in detail below, that are setting up the largest clean energy bull market in years...

As you’ll see in the next few minutes, this new uranium bull market will finally allow America to:

• Break the stranglehold Russia and other bad actors have on our uranium supply

• Power one-in-five homes with clean, domestic energy

• Create jobs and wealth by developing some of its as-of-yet untapped sources of uranium

For us as resource stock speculators, this forthcoming wave of wealth-building will be driven by a booming uranium price coupled with owning the right uranium stocks — which we’ll get to shortly.

All Signs Point to a Uranium Stock Boom

The United States is by far the world’s largest user of nuclear power with one-in-five American homes relying on nuclear generated power for electricity.

A full two-thirds of America’s clean energy consumption is coming from this source.

Despite what you may have heard — nuclear power isn’t going anywhere!

Nuclear is currently the world’s #1 source of clean energy... BIGGER than solar, wind, and all other renewable energy sources COMBINED.

Our planet will continue to require clean nuclear energy as a means of mitigating the global warming effects of greenhouse gas emissions from coal and other carbon-based fuels.

Yet, despite those facts, America, quite alarmingly, is almost entirely dependent on foreign imports of uranium — primarily from places like Russia and Kazakhstan. That lies in stark contrast to the early-1980’s when our nation’s uranium was 100% Made-in-America.

Today, with crucial trade barriers removed, less than 5% of our uranium is derived from American sources.

That’s all about to change...

America consumes a staggering 50 million pounds of uranium (aka U3O8 or yellowcake) every year. Yet, it produces less than 1 million pounds... far below what it brought to surface even as far back as the mid-1950s.

The US has 95 nuclear reactors... yet only produces enough fuel for one!

It should come as little surprise then, that in order to meet its robust demand, America imports a stunning 48 million-plus pounds U3O8 every year — making it over 95% reliant on foreign uranium sources.

And just WHO are some of America’s biggest suppliers?

Russia, of course, and its satellite states of Kazakhstan and Uzbekistan. In total, these nations supply almost HALF of America’s U3O8 requirements.

The risk to America’s national security is clear; drastic change is long overdue.

Additionally, COVID-related disruptions have already resulted in an additional ~20 million pounds U3O8 being removed from the marketplace — all while annual demand continues to grow.

It now looks like a bottom has been put in as uranium prices have risen from the US$25 per pound level to currently above US$32/lb.

Plus, it’s important to understand that US utilities will have no issue with paying higher uranium prices!

You see, uranium is incredibly cheap relative to the overall cost of building and operating a nuclear power plant. In essence, uranium is a necessity but only a tiny portion of overall nuclear power costs.

Uranium could literally rocket tenfold... and it still wouldn’t have much of a cost impact on overall nuclear power plant operations. Hence, US utilities will have little problem, and, more importantly, zero choice over shelling out $50/lb, $100/lb, or however high uranium rises... as long as the U3O8 keeps flowing.

The case for massive profits from select US uranium stocks is clear...

Nuclear power is the world’s largest source of clean energy — greater than all others combined. America’s utilities are the world’s largest market for U3O8 — utilizing more than a quarter of the world’s uranium supply.

As the price of yellowcake surges higher, a small group of uranium-focused companies will have a virtual monopoly on this demand.

In a minute, I’ll tell you about just one: It controls what VIII Capital uranium analyst David Talbot has called “one of the best undeveloped ISR projects in the US.”

A Clear Path to Uranium Stock Profits

There are several ways for individual investors to participate in the coming uranium boom... from the junior explorers, to the mid-tier producers, all the way to the majors.

We’ve been paying special attention to the juniors, like Azarga Uranium Corp. (TSX: AZZ)(OTC: AZZUF), because that’s where the largest gains can be made in the shortest timeframe.

Azarga now controls an astounding 46 million pounds of U3O8. Its flagship Dewey Burdock project in South Dakota has been hailed by leading sector analysts as “one of the best undeveloped ISR projects in the US” because of its large size and high grade.

Azarga now has final EPA permits in-hand for Dewey Burdock — marking a crucial milestone for the junior firm.

That long-awaited development puts Azarga Uranium – which controls no less than ten US uranium projects and is the only pure play ISR focused developer in America – on the fast-track to producer status.

Azarga Uranium, which currently trades below C$0.30 per share, has been set up properly from the start. It’s all about smart industry people making intelligent property acquisitions and then bringing those projects into production.

What’s more... Azarga’s shares are held almost entirely by big investors — leaving just a handful of shares liquid for daily trading.

With such a tight float, once the broader investment community jumps into uranium – and we’re beginning to see the early stages of that now – the ensuing buying could send this miner’s shares significantly higher.

Azarga Uranium
(TSX: AZZ)(OTC: AZZUF)

CEO, Blake Steele, on Granting of Final EPA Permits for Dewey Burdock Uranium Project — South Dakota, USA

Azarga’s Flagship Dewey Burdock Project
17.8 million pounds U3O8

Azarga Uranium controls one of the largest, highest-grade ISR (In-Situ Recovery) uranium projects in the United States.

ISR is the preferred uranium recovery methodology in the United States. ISR requires less of a mining footprint; therefore, fewer environmental concerns, lower costs, and in many cases fewer permitting requirements.

The Azarga team knows the ins-and-outs of the North American uranium industry... they know precisely where the best properties are... and they’re experienced at navigating an oftentimes arduous permitting process.

While other less experienced miners languish in this hoops-to-jump-though quagmire of red tape with share-prices going nowhere, the Azarga team is in the final stretch of the process at Dewey Burdock with final EPA permits now in-hand.

Based on that wealth of industry experience, Azarga now controls no less than 10 high-potential uranium properties at varying stages of development in South Dakota, Wyoming, Colorado, and Utah.

Flagship Property: Dewey Burdock Project

Azarga’s flagship Dewey Burdock property is situated in the prolific Edgemont Uranium District of South Dakota.

Spanning 16,960 net mineral acres (26.5 sq mi), Dewey Burdock (yellow, below) boasts Measured and Indicated reserves of 17.8 million pounds U3O8 at an average grade of 0.113% — making it one of the highest potential ISR uranium projects in the United States. asset base.

Think about this: At current US production rates of less than 1 million pounds U3O8 per annum, Azarga could potentially deliver that same level of U3O8 production from Dewey Burdock’s 17.8 million pound resource alone — for a decade-plus!

Dewey Burdock is also so vast and so rich with U3O8, the Azarga field team could potentially uncover multiple new discovery areas in the next exploration phase — adding precious pounds to its already impressive total.

Gas Hills: A Potential Satellite Deposit to Dewey Burdock

Azarga’s Gas Hills Uranium Project covers 1,280 surface acres and 12,960 net mineral acres in the historic Gas Hills Uranium District, Wyoming.

Historic cumulative production from the district exceeds 100 million pounds U3O8 — mainly from open-pit mining and also from underground mining.

In Q1 2021, Azarga announced a 128% increase in Measured and Indicated resources for Gas Hills. As a result, the project’s M&I resources have more than doubled to 10.77 million pounds U3O8 from 4.73 million pounds U3O8 with 72% of the resource being amenable to in-situ recovery.

The Azarga team followed that substantial resource upgrade with the release of a maiden PEA (Preliminary Economic Assessment) in Q2 2021 outlining a base case pre-tax IRR of 116% and NPV of US$120.9 million using an 8% discount rate for the project.

The PEA contemplates a satellite plant development approach with final processing at a central processing facility to be constructed at Azarga’s flagship Dewey Burdock project.

Azarga CEO, Blake Steele – whom you just heard from – commented via press release:

“We are extremely pleased with the results of our maiden in-situ recovery ("ISR") PEA for the Gas Hills Project. The PEA demonstrates robust economics and expands the future production profile of the Company into the state of Wyoming, which has a long history of successful ISR operations. The PEA results further validate our Company's strategy of developing low-cost ISR projects as we continue to progress our flagship Dewey Burdock Project towards construction. With uranium markets in a structural deficit, Azarga Uranium is exceptionally well positioned to capitalize on the anticipated recovery in the uranium price through its two tier one development stage ISR uranium projects in the USA.”

Gas Hills boasts a projected production profile of 6.5 million pounds U3O8 over 7 years highlighted by low initial capital expenditures of approximately US$26 million.

By seeking to construct Gas Hills as a relatively low-cost satellite deposit to the much larger Dewey Burdock project [17.8 million lbs U3O8 M&I], Azarga estimates direct cash operating costs to be just US$11.52 per pound of production.

The Smart Way to Invest in Azarga Uranium AZZ

Timing is everything!

And, needless to say, the potential here is undeniable in terms of Azarga’s impending rise to key-player-status in North America’s clean energy space.

Commanding your immediate attention, Azarga stands alone as an exceptionally well-run junior explorer/developer with an impressive US uranium asset base.

It’s important to begin establishing your strategic position in Azarga Uranium before it moves up from current price levels.

Of course, only do so after conducting your own due diligence and while maintaining strict adherence to your own personal risk profile.

That should include visiting the Azarga Uranium website and reading the company’s press releases, filings, and financials along with signing up to receive news from the company.

Starting your strategic position in AZZ at current price levels below C$0.30 per share is the best way to ensure you’re in for maximum potential upside as the uranium bull market heats up.

And that could be sooner rather than later with uranium up nearly 30% from the US$25 per pound range in February 2021 to currently above US$32 per pound.

Azarga Uranium trades on the Toronto Stock Exchange under the symbol AZZ and on the US OTC Bulletin Board Exchange under the symbol AZZUF.

Click here to learn more about Azarga Uranium at its corporate website.

— Resource Stock Digest Research