Hello Fuel Buyers, are you starting to understand what’s gonna happen in the coming months?
When spot Uranium jumps $3.50 to $49/lb it actually attracts more money to the sector. More money in $urnm and more money to $u.un
When spot Uranium jumps $3.50 to $49/lb it actually attracts more money to the sector. More money in $urnm and more money to $u.un
The investment community looking for ‘squeeze plays’ doesn’t get sticker shock, they get excited. The $3.50 jump is just confirmation that people like me will be proven correct and the price will run and break the all time highs. $180/lb inflation adjusted
The $3.50/lb price jump is confirmation that the financial community has the utilities caught in a squeeze.
Would be sellers of uranium will continue to lift offers and fear selling in this environment.
Would be sellers of uranium will continue to lift offers and fear selling in this environment.
No fund manager wants to report at quarter end that they sold down their uranium holders and missed this boat. The producers that sold stupid contracts will have to face the music. Offers will continue to be thin. Sprott will have to keep raising the atm issuance level
$u.un will continue to head north and attract capital that wants to be there when Uranium goes to $200/lb. Egos at play here we all want to say we rode this baby to close to the top and those looking at this trade that watched $gme and $amc with envy will keep coming.
They are watching and they want to play too. Nobody wants to miss the next big #squeezeplay
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