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Bullboard - Stock Discussion Forum 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... see more

TSX:EFR - Post Discussion

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Post by Stratocheif on Dec 15, 2020 11:50am

Webcast

Did you just hear his webcast.....the whole REE project will at best only result in a breakeven scenario for 2021 regarding costs. So what is all the hype about? Only by 2023 or maybe even later and with $175 million of capex will they be able to acheive a full scale REE operation. Why would i pay a high price for this stock today....no profits for 2021
Comment by RazorRamone777 on Dec 15, 2020 1:19pm
Trying to talk the price down so you can get in? With all the globalist Liberals getting voted in, they will play the climate change game for all it's worth. Since we all know fossil fuels will be even more vilified in the near future, and we also know that solar, wind or any other pipe dreams can't come close to supplying even 30% of demand, nuclear energy is the ONLY answer!
Comment by Stratocheif on Dec 15, 2020 5:59pm
Im only interested in companies where i see profits coming. Uranium still at $29.50....no profit. Vanadium $7....no profit. REEs...no profit. All uranium stocks are up. Im up 50% on cco, uec, ure, wuc, nxe, and 25% on efr. Why? Beats the hll outa me. Its nice but hopefully its not another false start. Oh well maybe i should just keep my mouth shut lol and assume its the beginning of an upturn ...more  
Comment by Snowballer on Dec 15, 2020 6:31pm
I think your skepticism is fair.  I feel the same way but listening to the webcast given the REE announcement i think its pretty exciting stuff and its for real.  So EFR at this pint is really a growth company/stock.  Not just for Uranium (which is coming off the bottom) but now the U.S. leader REE's. Moreover, they're WM Mill has a 300M to 400M replacement cost value and ...more  
Comment by Stratocheif on Dec 15, 2020 6:42pm
True. And i know what you mean about daytrading this thing. It a real swinger....traded it a lot back in 2018. When they were producing vanadium and the price was back and forth between $4 and $5. Made a little money but it frustrated the sht outa me lol
Comment by Snowballer on Dec 15, 2020 7:27pm
Yup. Stressed when ur in it, stressed when ur not lmao  right now I’m wondering why I sold at the close but happy I’m long in my other account. 
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