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re: Uranium>Silver

Posted on 11/3/21 at 12:13 pm to
Posted by itsbigmikey
NASHVILLE
Member since Aug 2018
363 posts
Posted on 11/3/21 at 12:13 pm to
quote:

I bought SRUUF in mid-sept thinking it was the play. Seems like it hasnt moved much at all compared to UUUU. Any thoughts on the reason behind this? Hold SRUUF or flip it to another name in the sector?


SRUUF will follow the spot price of uranium most closely and will allow the trust to buy more lbs of U308 (positive feedback loop). I bought 50 more shares today and am holding the other 400 that I have. The most risk/reward are junior miners, some of which are detailed throughout this thread. There will continue to be pullbacks to add to positions so don't get FOMO on a big up day like today. I've got a mixed bag of U stocks but will keep accumulating SRUUF
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