The United States uranium sector presents attractive consolidation opportunities because uranium deposits are geographically dispersed across small deposits rather than concentrated in large standalone ore bodies, creating M&A synergies for a company that consolidates multiple US mines

Fabby participated in the IPO of a Sprott uranium royalty company but sold it after deeper analysis of the underlying assets revealed overpricing, but would now hold it for trend-following reasons despite believing it to be fundamentally overpriced

The only true disqualifiers for uranium sector investments are structure-breaking events like another COVID-scale pandemic, not normal geopolitical or commodity cycle volatility, meaning investors should buy on pullbacks unless something truly catastrophic occurs

Mining industry investors are exceptionally high-risk-tolerance and willing to invest in assets that most outside the sector consider uninvestable, making uranium juniors a valid investment class despite execution risks that would disqualify other sectors

Goviex's Niger project (Madaouela) is at risk of license loss due to development delays, but the company is not a zero because it has other projects in different jurisdictions that create downside protection. The stock is a contrarian bet that 'things can get better but can't get that much worse' because the company's other assets provide a valuation floor.

Western Uranium (later Ur-Energy) suffered from a 'people problem' where management promised project advancement but failed to deliver relative to promises made. Fabby exited because she prefers companies that either honestly say they will wait for better conditions or companies that actually deliver on advancement promises.

F3 Uranium has made a legitimate, extremely high-grade discovery with excellent technical team, but faces a 'hard ceiling' on stock price that resists upward movement despite technical advancements. This suggests a disconnect between discovery quality and investor enthusiasm, possibly tied to shareholder structure or overhang issues that need to be resolved.

Fabby is not planning to add new uranium company positions in the near term beyond what she already holds, because: (a) most new exploration IPOs are priced at premiums and are 'too risky,' (b) her current holdings already provide the exposure she wants, and (c) she prefers development stories and US-based plays, which she already owns.

Gold developers are currently cheap relative to both current gold prices and long-term gold price expectations. The market has not updated expectations for where gold prices will settle, making developers attractive entry points before valuation normalization occurs.

Gold mining profitability is deteriorating despite higher gold prices because production costs have risen dramatically. The historical adage 'working a gold mine is like owning a gold mine' no longer applies; modern gold mining is financially challenged even at elevated prices, requiring higher long-term gold price assumptions to justify current production economics.

Encore Energy represents Fabby's biggest historical success, but she no longer owns it and is uncertain whether the company can achieve meaningful growth beyond its current development stage without 'massive steps' (major acquisitions or dramatic production expansion).

Pegasus Resources is one of the cheapest exploration companies in uranium considering management quality and US-based assets. A small market cap ($5-15M range) creates opportunity for explosive percentage returns ('you can sneeze and accidentally triple your money'), and CEO Chris taking a hands-on marketing approach positions the company well for bull market participation.