The Junior Mining Rollercoaster: Stallion Uranium CEO Drew Zimmerman
Stallion Uranium is an Athabasca Basin focused uranium explorer that also has gold assets in Idaho and Nevada
Several weeks ago, a good friend and reader of this Substack recommended that I take a look at a Uranium explorer called Stallion Uranium (TSX-V:STUD, OTC:STLNF). I did, and I was intrigued by the size of the company’s land holdings in the western Athabasca Basin of Saskatchewan. Savvy resource investors know that the Athabasca is basically the Saudi Arabia of uranium; some of the highest grade and most profitable uranium mines in the world are located in the Basin.
Stallion shares have been in a downtrend in 2024, and the company’s market cap has descended to C$8 million. The market isn’t giving STUD much credit for its Athabasca Basin uranium exploration projects, and I’d estimate that investors are giving STUD zero value for its US gold assets (Horse Heaven and Richmond Mountain).
Stallion Uranium Corporate Presentation
I invite my readers to listen to the interview with Stallion CEO Drew Zimmerman and if the conversation piques your interest, put the company on your radar. I have no position in STUD shares at the time of this article, however, that could change over the coming weeks. Catalysts that I will be looking for include:
A potential transaction on STUD’s Horse Heaven Project in Idaho that could inject some much needed cash into the company’s treasury.
Final assays from the maiden drill program at Appaloosa.
An announcement regarding the next phase of drilling at Appaloosa, and a potential financing.
DISCLAIMER: The video interview is for informational purposes only and is neither a solicitation for the purchase of securities nor an offer of securities. Viewers are expressly cautioned to seek the advice of a registered investment advisor and other professional advisors, as applicable, regarding the appropriateness of investing in any securities or any investment strategies, including those discussed above. Stallion Uranium is a high-risk venture stock and not suitable for most investors. Consult company’s SEDAR profiles for important risk disclosures.
Goldfinger Capital is not a registered investment advisor and advice you to do your own due diligence with a licensed investment advisor prior to making any investment decisions. This article contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). Certain information contained herein constitutes “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects”, “believes”, “aims to”, “plans to” or “intends to” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed by such forward-looking statements or forward-looking information, standard transaction risks; impact of the transaction on the parties; and risks relating to financings; regulatory approvals; foreign country operations and volatile share prices. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Actual results may differ materially from those currently anticipated in such statements. Always thoroughly do your own due diligence and talk to a licensed investment adviser prior to making any investment decisions. Junior resource companies can easily lose 100% of their value so read company profiles on www.SEDAR.com for important risk disclosures. It’s your money and your responsibility.