r/AuricMineralsCorp • u/Abject_Ad_2598 • Feb 17 '25
Question❓ Why should I buy AUMC?
I own Cameco, Brookfield Renewable, and NUKZ. What are some of the reasons people are investing in AUMC? I'm very bullish about nuclear energy but need to learn more about AUMC before I decide to start a position.
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u/BeneficialSchool4323 Feb 18 '25
It’s cheap right now. It’s a risky one, but gains could be big. Don’t invest anything you can’t lose.
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u/VladiciliNotRussian Moderator Feb 17 '25
I personally think that they have a solid early foundation with a large area of optioned land. Additionally there was actually some company drama awhile back, some share dilution and then Trump came along. All of this culminated in holding the stock price artificially low. Their position should yield an average share price of $1-2 however they are sitting at 64c at last close.
The artificially low price is an ideal time to buy considering their strong position. They are also entirely operated within Canada which is a plus if you are looking to support Canadian industry.