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re: Uranium>Silver
Posted on 1/30/21 at 8:06 am to Tiger0527
Posted on 1/30/21 at 8:06 am to Tiger0527
Utilities are holding out on signing LTC with producers. The longer they hold out the better this bull run will be. Eventually the spot market will be dry and the price of uranium should sky rocket. These companies can’t be profitable at $30. When spot market runs dry utilities will be forced to the table and producers will have the leverage.
The US recently committed to buying more uranium at home. UUUU and URG best American plays.
The US recently committed to buying more uranium at home. UUUU and URG best American plays.
1
Posted on 1/30/21 at 9:39 pm to Tiger0527
This all sounds interesting. My only caveat to any investors on here - as with many micro cap stocks - is to be wary of a secondary offering if the shares price zooms up quickly.
The board is watching the stock market too. And they often need more capital to stay viable.
The board is watching the stock market too. And they often need more capital to stay viable.
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