RE:RE:RE:RE:RE:Cash Balance
Hold tight. EFR is the cheapest US producer considering maximum annual production capacity by far. I hope the spot price upward catalysts (Kazatomprom trading desk, US DOE cut, maybe another cut coming from both CCO and Kazatomprom) change EFR's situation regarding terms of financing along with the other uranium producers/explorers. Seasonality should start picking up in October at the latest and the u stocks might actually be bottoming early this year from appearances. DML and FCU are bottoming early. GXU, UEX and EFR look stable well above November lows. URE and UEC are starting to move up after setting a higher high and higher low. NXE might be moving up from a higher low post financing as they were up big Friday and now also today on the NYSE with the TSX closed. So that's like 6/8 major uranium stocks potentially in the process of setting a higher low after a higher high. Really bullish. The next step would be eventually setting a higher high (maybe 50% over Feb?) within the next 9 months. The charts don't lie.