Proven Reserves

Proven Reserves

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Proven Reserves
Proven Reserves
Global Atomic - the only one worth buying.

Global Atomic - the only one worth buying.

Chapman Scarborough's avatar
Chapman Scarborough
Dec 14, 2023
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Proven Reserves
Proven Reserves
Global Atomic - the only one worth buying.
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You will probably recall that Proven Reserves Proclamations Portending Perfidious Politics Desk declared back in July of this year that I was pulling guidance for $GLATF/GLO - given the political situation in Niger putting into doubt the future of Global Atomic Niger subsidiary SOMIDA. Things however seemed to have calmed down/stabilized, with the US state department recognizing the new government, with everyone just seeming to want to more forward it seems.

Buying the bottom of the sell off that resulted at around 1 dollar, was in my opinion a very high risk bet, but one that has worked out with nearly a 90% return in just 5 months. And while we have a long way to go here, the share price remains decidedly oversold.

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