Thread by @contrarian8888

$pdn, $uuuu. Firstly i used to be a huge bull on energy fuels and bought it at $1.6 in 2018 (spring) and sold it in 4/19 at $4. I even told people then it was the height of insanity for people to think (lot of newbies entered uranium then) thinking uranium would be $70 tomorrow

With section 232. Well i enjoyed missing over a 50% collapse in the share px. Seeing uuuu again today at over a $600m mkt cap (including all the newly issued shares over the period ive been out of the stock (+40% increase in share count) vs a $pdn at 350m mkt cap with 4x the

Resources & prodn at 6m when they restart (uuuu will need over 400m$ (i know this from my conversations with mgmt) to get to just 4m prodn capacity & you can tell we’ve again hit insanity with little analysis as new investors chase a stupid 75$M in govt buying which is

Insignificant given that uranium buying by the govt will be split amongst 2-3 players so perhaps best case 1.2m/2 or 600k lbs of U at $50/lb. with a 40$ all in cost base thats 6m in incremental profits on a 600m$ mkt cap.

I’m sure this tweet will create a lot of hate-dont care ive had a great track record trading uuuu, and you’ve got to ask yourself why the gods of uranium dont care for it.

Oh yeah the burn on paladin energy is 1/3 that of UUUU ($10m vs 30$M for uuuu) but oh yeah were in a bull mkt so who cares about #s or facts. LOL