RE:From EFR: RECENT EXCITING NEWS IN THE U.S. URANIUM SECTORThese are all the macro factor wrapped up in one article that will effect U prices over the next two years. Folks, a DOE dump freeze in the spot market and a Kazatomprom 10% cut in production (once again dumped in the spot market will do what?)
We can all sit here and talk about how spot does not matter while we post the spot price minutes after it changes daily. Follow the spot long term charts and do you homework.
a few months ago I made a bet on the CCO BB that will never be paid. 10 dollars or 13 dollars what comes first. My bet was 10 dollars.
My new bet is 18 dollars or 40 dollars spot, what comes first? My bet is 40 dollars with no time frame given. Plus minus is not in my favour, any takers?