The mother of all metal supercycles has just begun.
Energy is the new currency, uranium the new gold.
Meanwhile the USA produces less than 3% of uranium consumption, setting Myriad Uranium Corp in a class all by itself inside the barren US with its Copper Mountain project in Wyoming.
2026 catalysts - Rush merger, multi-season drill program, initial MRE, uranium price.
Main qualities:
\-Impressive management and technical team.
\-Initial MRE target of 100 million lbs.
\-Massive upside from deep extensive hydrothermal system previously unaccounted for.
\-Will be the #1 US uranium project by contained lbs.
\-Extensive historical drilling, proven core areas.
\-$10M cash on hand.
\-Wyoming nuclear hub, TerraPower.
\-Potential land project area expansion.
\-Stephen Dattels anchor investor, founded Barrick Gold.
\-Management high insider shareholding.
\-US domestic premium per lb from geopolitics, energy independence, national security.
\-US stock listing on Nasdaq/Nyse, near-term catalyst. Current OTC: $MYRUF.
\-Accelerated permitting timeline from Wyoming best jurisdiction and federal orders, substantially increases project NPV.
\-M&A sale/exit strategy before construction means a shorter hold period, only need 2 years of development to see big return. $1-10 billion sale potential, equivalent to 20-200x current Myriad market cap.
Cons:
\-Lower grade than Athabasca.
\-Dilution from 44M warrants.
https://www.cruxinvestor.com/companies/myriad-uranium
https://myriaduranium.com/investor-presentation-copper-mountain-uranium-project-wyoming-usa/
https://www.theglobeandmail.com/investing/markets/stocks/M-CN
