Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Energy Fuels Ord Shs T.EFR

Alternate Symbol(s):  UUUU

Energy Fuels Inc. is a critical minerals company. The Company is a producer of uranium in the United States. It mines uranium and produces natural uranium concentrates that are sold to nuclear utilities to produce carbon-free nuclear energy. The Company is engaged in the production of advanced rare earth elements (REE) materials, including mixed REE carbonate. It also produces vanadium from certain of its projects, as market conditions warrant, and is evaluating the recovery of radionuclides needed for emerging cancer treatments. The Company holds two uranium production centers: the White Mesa Mill in Utah and the Nichols Ranch in-situ recovery (ISR) Project in Wyoming. The White Mesa Mill is a conventional uranium mill operating in the US, and has a licensed capacity of over 8 million pounds of triuranium octoxide (U3O8) per year. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. It also has the Bahia Project in Brazil.


TSX:EFR - Post by User

Post by Stratocheifon Jan 11, 2021 8:19am
421 Views
Post# 32265470

Trading pattern changed

Trading pattern changedAs it made its stellar run from 2 to almost 6, we saw days of solid buying and prices steadily marching higher from beginning to the end of day. Now it has changed. Overnight action seems to bring price up at open and crashes during day. Pump and dump action by the bigger players taking retailers along as suckers. I believe my assertion a few weeks ago was right. This company has no earnings and no clearity in that respect. Future yes there is potential. But for now im trimming my position by 70% and taking profits. Valuation just not justified at this time and it may be a year before we have some numbers to go by (but i will be following diligently). How is it that in the most opaque and slow moving sector in the resource space, suddenly everyone is convinced uranium price will double next year?..fomo brought this from 2 to 5.68 imo...just like so many other stocks caught up in this insane meltup we are seeing these past few weeks in the market...especially in the small cap russel 2000. A correction is a high probability over next 6 weeks. Time for reflection and caution
<< Previous
Bullboard Posts
Next >>