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.

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

Comment by Stratocheifon Sep 25, 2020 10:47pm
329 Views
Post# 31624626

RE:The outlook for uranium is improving

RE:The outlook for uranium is improvingRick Rule has been pumping uranium a lot longer than 2018. I got into uranium mostly because of his pumping in 2013. Lost almost all the money i invested in about a 10 uranium companies. The uranium space is dead. Oversupply everywhere. Major mines shut. The japanese have a stockpile that was gonna last them 30 or 40 years while running 50 reactors. They will now be dumping that on the market for the next 10 years. Maybe around 2035 we will see a spike. This according to all the research ive done. Its not hard to see this. Just visit the websites of any uranium producer. Usually they have a graph there showing projected supply vs demand...and these people are the best source because their livelyhood depends on it...not some of these pumpers. You will see that for the next 5 or 6 years the graph shows roughly the same supply/demand situation we have right now. Then as you go towards 2030 and on to 2035 you see a wide gap where demand significantly exceeds supply. So if you are happy to buy and forget about it for 15 years it MAY be a good move. But as always, the further out the forecast, the higher the probability it will be wrong.
<< Previous
Bullboard Posts
Next >>