Connect with us

Hi, what are you looking for?

Trading Tips

Marvel Discovery Expands Uranium Footprint

Marvel Discovery (TSXV:MARV,OTCQB:MARVF,FWB:O4T1) President and CEO Karim Rayani believes the company is going to perform well in the uranium space amid an adverse global political and economic environment.

“The world really does need a different solution. What is currently out there is not going to fix the problem,” Rayani said. “Look at Europe, look at gas, look at diesel — all these energy sources are being cut off, so uranium is the only option in today’s environment.”

Marvel Discovery recently acquired the Costigan Lake uranium project, which covers 5,518 hectares on the eastern side of the Athabasca Basin. With the price of uranium increasing over the last few weeks, Riyani is confident that being in the uranium space and increasing the company’s footprint will solidify its position in the energy sector.

“It’s very fortunate that we’re a multi-commodity play, and we’re not just gold, we’re uranium and battery metals. So I think Marvel’s going to perform extremely well, and I’m really optimistic that we’re going to get some results because we’ve really done our homework on this zone.”

Watch the full interview with Marvel Discovery President and CEO Karim Riyani above.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Marvel Discovery and seek advice from a qualified investment advisor.

This interview may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, receipt of property titles, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The issuer relies upon litigation protection for forward-looking statements. Investing in companies comes with uncertainties as market values can fluctuate.

This post appeared first on
Enter your email address below and we’ll send you our best practices.

    You can unsubscribe at any time. Redstatefoundation respects your privacy and strives to be transparent about our data collection practices. Please read our Privacy Policy and Terms of Use.

    You May Also Like

    Trading Secrets

    What is the marginal rate of substitution and its formula? Key Takeaways: Trade-offs and Satisfaction: MRS shows the trade-offs consumers are willing to make...

    Trading Life

    Laura Wong Hon Chan is an interest rate options trader, who is currently a director at Bank of America Merrill Lynch in New York....

    Trading Secrets

    In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews what’s driving the markets higher and what to be on the lookout...

    Trading Secrets

    Maximizing Profits in Forex with the XMaster Formula Indicator Key Takeaways: XMaster Formula Indicator is a reliable and accurate tool for Forex traders to...