One of the few companies that are poised to bring uranium onto the market. Recently signed a contract where the uranium supply is going to be at spot prices, but with an escalating floor. Believes that uranium will continue going up.
One of the few companies that are poised to bring uranium onto the market. Recently signed a contract where the uranium supply is going to be at spot prices, but with an escalating floor. Believes that uranium will continue going up.
Spiked in Oct/Nov. Uranium stocks got re-valued higher when the Cigar Lake mine of Cameco (CCO-T) was flooded. Looking at supply constraints coming into that industry, uranium outlook is extremely strong. He is looking for a short-term over-valuation pullback. If you own, consider taking some profits.
Spiked in Oct/Nov. Uranium stocks got re-valued higher when the Cigar Lake mine of Cameco (CCO-T) was flooded. Looking at supply constraints coming into that industry, uranium outlook is extremely strong. He is looking for a short-term over-valuation pullback. If you own, consider taking some profits.