DMX.V
☢️ Consider a small allocation (part of the 10% “speculative” portion) to District Metals.
🇸🇪 The company has a polymetallic deposit in Sweden with potential uranium upside.
⚖️ A law change in Sweden could lift the ban on uranium mining, significantly increasing value.
⚠️ High-risk, high-reward: potential for substantial gains or losses depending on the law change.
@Academiadeinversion:
“This is a, you are betting here on a future rate because it is a company with a polymetallic deposit in Sweden where, where the CEO had the brilliant idea of buying the rights to the uranium deposits for $50,000 and a million shares. And, and because, because it is forbidden to mine, what happens is that thanks to, thanks to the movements of Europe, the rupture of the gas, and the rise, well, the new government is very pro-nuclear. And, and they are doing right now, uh, well, a law to remove the ban on the, on the mining of uranium in, in Sweden. And you have the Viken deposit, which is the largest deposit that is not, that is not being exploited on the planet, there in a, in a company that is capitalizing about 40 million, 40, 42 million Canadians. And, and, and that if, and that if they give it the green light, as everything seems, because we are seeing that the, that the government opposition is criticizing the government for taking too long to pass the law to lift the ban, uh, it would have a very strong rate. And, and, and we could make, well, well, a times two, times three, times four, times five, or many times what it is worth right now. So, I don’t know, it seems to me a bet that for 2% of the portfolio, or 3% of the portfolio, you could, you could, you could make it, where you have a lot of risk that it doesn’t work out. But if it works out, you have a, a parabolic reward. So, it seems very interesting to me, very interesting to play it for, for, for that 10% gambler that we were talking about before.”
Watch the exact part of the video where Mr. Timbits talks about District Metals here:
View the video on YouTube.
Read more articles featuring the most recent analysis of District Metals Corp. (DMX.V) at this link: DMX.V stock.
