Forbes MacPherson

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Forbes MacPherson

Forbes MacPherson

@4BMAC

Prince Edward Island Katılım Nisan 2011
487 Takip Edilen1.3K Takipçiler
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Summerside Capitals
Summerside Capitals@SsideCapitals·
Congrats to Caps forward Owen MacPherson who played his 100th regular season MHL game tonight! Congrats Owen! #CapsArmy
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Ben Steiner
Ben Steiner@BenSteiner00·
💙Yesterday, I held my Grandad’s arm as he passed away at 92. After my mom died when I was 3, he basically filled that role in my life. From getting me into sports, all the homework help, and being there whenever I needed him — he was my everything. We held @WhitecapsFC dearly to each other as season ticket holders since 2010, and he leaves with them No. 1 in MLS. Hug your folks.
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U SPORTS
U SPORTS@USPORTSca·
If they don’t play our anthem, we sing it ourselves. 🇨🇦 Notre hymne national ne joue pas? Pas de problème! 🇨🇦
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Fisherman`s Wharf
Fisherman`s Wharf@FishrmnsWhrfPEI·
Back at it again! Second weekend of the season! Nothing better than opening the doors and enjoying a little @cfcy Saturday Night Hoedown! A couple of Island Traditions…
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John Quakes
John Quakes@quakes99·
Breaking!💥🔨 President Biden Signs Ban on Imports of Russian #Nuclear Reactor Fuel🇷🇺⚛️⛔📜✍️ Russian supplies of enriched #Uranium to be barred in 90 days✖️ Unlocks $2.72 billion funds to boost US domestic Uranium industry 💰⛏️🏭🇺🇲🤠🐂 #EnergySecurity🏄 bloomberg.com/news/articles/…
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Fisherman`s Wharf
Fisherman`s Wharf@FishrmnsWhrfPEI·
Happy Mother’s Day to all of the wonderful Mom’s in our lives! We would especially like to give a shout-out to all the Mother’s on our team making today happen!
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Fisherman`s Wharf
Fisherman`s Wharf@FishrmnsWhrfPEI·
Lobsters have arrived! Royal Star with the first order of the season! We are opening today at 4pm and Mother’s Day at 12 noon!
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Fisherman`s Wharf
Fisherman`s Wharf@FishrmnsWhrfPEI·
Looking forward to another great season! This Mother’s Day weekend we open the doors again to get it all started! Saturday at 4pm and Sunday at 12 noon! ⁦@WelcomePEI⁩ ⁦@tourismpei#HappyMothersDay
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John Quakes
John Quakes@quakes99·
⚠️Today the US Senate unanimously passed the House bill banning enriched #Uranium imports from #Russia🇷🇺⚛️⛏️🚢⛔️🇺🇸 beginning 90 days after President Biden writes his signature.📜✍️ Senate passage came just minutes after a meeting held by the Department of Energy to brief the US #Nuclear Energy Institute and other representatives of US utilities on the waivers granting process to be followed on a case by case basis.🧾 Starting 90 days after enactment, no further US deliveries of Russian enriched uranium under existing contracts with Russian suppliers will be permitted, unless a waiver is granted.👋 Journalists do investors a disservice by glossing over the "waiver" provision as if it gives US #Nuclear utilities full authority to import Russian uranium up to the bill's stated limits until 2028, which is clearly not the case.✖️ The law will only allow granting of a waiver to 'at risk' individual reactors or their operating utility if “no alternative viable source of low-enriched uranium is available" from any non-Russian supplier worldwide.🏜️ If individual US reactor operators want to import Russian uranium they'll have to ask for a permission slip from the Secretary of Energy, providing proof that all other non-Russian enriched uranium suppliers are 'sold out' worldwide and that the only viable source available is Russia.😯 The total number of permission slips issued in any given calendar year must not exceed the limits imposed by the law. Each recipient's name will also be posted on a wall of shame.😬 Think about that!🤔.. World prices for Uranium are set in western markets, so where will prices be headed if US fuel buyers are granted waivers because all western enriched uranium warehouses are completely empty?💲🌜😲 That's not a blanket waiver... it's the exception of last resort when all other commercial avenues to securing non-Russian enriched uranium fuel have failed.🌎⚛️⛏️🛒✖️ And here's the rub.🐈 The uranium feed requirements associated with those Russian enriched uranium (EUP) supply contracts are around 20% lower than the feed requirements in EUP supply contracts signed with western enrichers today, due to the overfeeding being done in order to increase the EUP production quantities to replace that lost Russian supply.🍼🍼 Utilities faced with losing their Russian EUP deliveries will have to come to the Spot uranium market to top up their uranium feed holdings by another 20+% to meet the higher feed requirements of western contracts for the same quantity of EUP they were expecting from Russia.😫 I heard a rumour last Friday that a utility has a new 15 Million lbs order that they need to get filled.😱 However, if Russia decides to retaliate by blocking the export of ALL of its enriched uranium supply to the USA, then there will be NO Russian uranium being imported to provide fuel to the world's largest reactor fleet, waivers or not! 🇷🇺⚛️⛏️🚢✖️ Vulnerable US utilities holding EUP supply contracts with Russia are going to have to enter the Spot U3O8 and Conversion markets now in case Russia enacts an export ban or their waiver request to the DoE is denied. They'll be buying up all available supply before non-Russian suppliers are completely sold out.🛒😟 Exciting times are ahead for U mining stocks investors.😃 Buckle up!💺🤠🐂 😎🍹🍿
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John Quakes@quakes99

Breaking!📰🎆 Senate approves US ban on imports of Russian #Uranium👨‍⚖️📜🗳️☑️ sending bill to White House for President Biden to sign into law;🇷🇺⚛️⛏️🚢⛔🇺🇲 Retaliation by #Russia feared!😟 🤠🐂 #Nuclear #EnergySecurity #USA #HereWeGo 🌊🏄 bloomberg.com/news/articles/… via @bpolitics

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Jeff Twohey
Jeff Twohey@Jefftwo·
Little man learning from the best!!...former NLL star Corey Vitrarelli giving back!!👇👍👇
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Colby Armstrong
Colby Armstrong@armdog·
This is amazing. Goosebumps. So perfect. The way it always will sound in my mind.
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John Quakes
John Quakes@quakes99·
👨‍🏫Today I was asked to explain what #SPUT is all about🤔 and how it operates to raise cash to stack #Uranium 🏧💵🛒 and what happens to all those drums of #U3O8 it stacks?🛢️ My basic explainer is here if U are wondering what the deal is with this ravenous beast we call #SPUT:🦖 The @Sprott Physical #Uranium Trust provides investors with a way to buy drums of yellow cake #U3O8 that are held in trust by SPUT on their behalf. When U buy SPUT shares U are buying lbs of #U3O8 that SPUT holds in storage, primarily at Cameco's secure warehouse in Canada. When you sell SPUT shares you are handing your share of lbs to the new investor who bought your SPUT shares. SPUT's share price, over the long term, basically follows the SPOT uranium price 1-for-1. If you buy SPUT shares when Spot is at $80/lb and the Spot price doubles then you should be able to sell your shares (your stash of U3O8) for double the share price at $160/lb Spot. But, investor sentiment towards uranium goes up and down. When there's falling sentiment towards owning physical uranium, SPUT's share price drops to a discount to its Net Asset Value(NAV), as there are more sellers than buyers. When shares trade at a discount, you are buying lbs of physical uranium at a discount to the current Spot price, which can be quite attractive if you think the Spot price will soon be headed higher. When investors get excited about owning physical uranium, SPUT's share price goes up as buyers outnumber sellers, which pushes SPUT shares up to trade at a premium to its NAV. When SPUT starts trading at a premium due to rising demand, it signals to Sprott that investors want to own more physical uranium than what SPUT currently holds in storage. So... thru what's called an At-The-Market program (ATM), SPUT's brokers will start issuing new shares of SPUT to investors when it trades above NAV, which raises more cash which SPUT then uses to buy more U3O8 on the Spot market, increasing their stored drums of U3O8 to meet the higher demand created by new investors.⚖️ The physical Uranium stacked by SPUT is held "in perpetuity" until such time that the Uranium bull market comes to an end and SPUT management & shareholders decide that it's time to have a vote to allow Sprott to begin converting the drums of U3O8 back into cash, at which time SPUT would begin a process of signing sales contracts with nuclear utilities and traders to slowly wind down the Trust and distribute the proceeds to shareholders. That doesn't seem likely to happen for a decade or longer. They key concept is that Sprott does not own the physical uranium, so they have no right to sell it into the market. The drums are held in Trust on behalf of SPUT shareholders who are the owners. When to sell is up to shareholders, not Sprott managers who are simply the custodians. How does Sprott make money from SPUT?💵 Contrary to popular belief, Sprott is not a swing trader that is buying and selling uranium to lock in profits.✖️ Sprott collects fees for managing the Trust and also receives commissions when the Trust buys uranium in the Spot market. The fees are a percentage of SPUT's Net Asset Value so the bigger SPUT grows and the higher the Spot #U3O8 price soars then the greater the fees collected by Sprott. In essence, SPUT's profits are tied to SPUT's popularity, growth and the price of Spot uranium.🌲📈🤠🐂 Hope that's of some help to U.👍
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Holland Hurricanes
Holland Hurricanes@HC_Hurricanes·
Join us in welcoming Samuel Murnaghan to the Hurricanes for 2024! 👋 Sport: Baseball Height: 6'1" Position: Pitcher/First baseman Charlottetown Islanders U18 Stratford, PEI #PassionSpiritPride
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John Quakes
John Quakes@quakes99·
⚡️Word on the street in DC now is that the likelihood of a US ban on imports of enriched #Uranium from #Russia is near 100%.🦻🐦🏛️ Here's why: On Saturday, March 9th, President Biden signed into law H.R. 4366, the “Consolidated Appropriations Act, 2024”, which included $2.72 Billion to fund provisions to boost the US domestic Uranium industry in the Nuclear Fuel Security Act (NFSA) passed into law in December. The NFSA provides the means to increase domestic production of low-enriched uranium (LEU) needed by the current US Nuclear reactor fleet and high-assay LEU (HALEU) needed for upcoming advanced SMR's, and to expand the strategic 'Uranium Reserve' emergency stockpile of US-mined #U3O8 thru direct purchases from US miners, in order to end US dependence on imports of Russian enriched uranium. However, in the fine print on page 448 of H.R. 4366 it states that: (b) Amounts may not be repurposed or transferred pursuant to this section until a law is enacted or administrative action is taken to prohibit or limit importation of LEU and HALEU from the Russian Federation or by a Russian entity into the United States. docs.house.gov/billsthisweek/… In other words.. the $2.72 Billion will NOT go to the Department of Energy to fund the NFSA UNLESS the Senate passes the Prohibiting Russian Uranium Imports Act OR President Biden signs an Executive Order that does what the Prohibiting Russian Uranium Imports Act is intended to do. Here's the rub🐈... The Biden Administration has committed the US to supporting its allies in boosting the production of western enriched uranium (LEU and HALEU) as declared at COP28 with Canada, Japan, the UK, and France. It reaffirmed that commitment yesterday at the world's first Nuclear Energy Summit in Brussels, reiterating that it WILL fund US domestic enriched uranium to the tune of $2.7 Billion. The Biden Administration is also committed to ensuring that there is sufficient HALEU reactor fuel for US Small Modular Reactors being deployed, such as Bill Gates' Natrium SMR in Wyoming that will begin construction in June. The US reaffirmed its COP28 pledge yesterday in Brussels to triple US Nuclear capacity by 2050. That relies heavily on a successful SMR build-out program and associated HALEU fuel supply, which will also enable the US to become a major SMR exporter to the rest of the world in order to compete with China and Russia.⚔️ These commitments, along with the publicly-stated goal to end US reliance on imports of Russian uranium so as to halt US backdoor financing of Putin's war in Ukraine, must be upheld so that the Biden Administration can deliver on its many promises and deliver on a US-led Nuclear renaissance that is not dependent on Russia. Bottom line... Whether by Senate passage of the Prohibiting Russian Uranium Imports Act or by Executive Order, there WILL be a US prohibition on imports of Russian Uranium very soon! 🤠🐂
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UPEI Men's Hockey
UPEI Men's Hockey@UPEIMHockey·
Good luck to our assistant equipment managers Shaneo and JBone! They are both off to represent PEI at the Canada Special Olympics 2024 in Calgary! Go get ‘em boys!
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