True ,but past performance is no gurantee of future performance. This time who knows when it will happen it might not go up as much as these investors are hoping. A lot of production will be turned back on around 35 pounds. So the dynamics are a bit different. There is 1.6 billion pounds of uranium surplus according to world nuclear association. Even if 20 percent are mobile that is around 320 million pounds. It migh t be another 6 years before this thing really turns around
I'm not so sure the U stocks have turned, but even if they have this extended bull market will collapse taking the U stocks with them. I think a better buying opportunity is ahead.
I wish I had listened to this guy and bought Energy Fuels...oh well. Let's hope UEC follows them up soon!
232 petition the u.s could really change u.s uranium sector...
True ,but past performance is no gurantee of future performance. This time who knows when it will happen it might not go up as much as these investors are hoping. A lot of production will be turned back on around 35 pounds. So the dynamics are a bit different. There is 1.6 billion pounds of uranium surplus according to world nuclear association. Even if 20 percent are mobile that is around 320 million pounds. It migh t be another 6 years before this thing really turns around
I'm not so sure the U stocks have turned, but even if they have this extended bull market will collapse taking the U stocks with them. I think a better buying opportunity is ahead.