RE:Uranium Price Depressed, More Downside Could Soon FollowWe're definitely going to hit spot Uranium price with a 1 handle and probably as early as this week.
The bigger question remains are long term customers of CCO, especially non operational Japanese clients better off paying cancellation penalties and walking away at these prices? Are operational clients better to walk away now while spot is at 20 and load up at 10 or 15 or 18 dollar spot prices in a few months?
Food for thought. I may add to my short position at these prices tomorrow, I love Christmas shopping, and could always use another buyer tomorrow to hold a bag or two ;). We know there are plenty of strong arms with these longs