RE:RE:RE:RE:RE:RE:uranium miners Going to Soar Next weekYes, the likely catalyst could be the Kazakh's trading arm in Q3. I would imagine though if everyone is waiting to get in in September because of this or October because of the seasonality of this sector most years, does it not make sense to then be fully in by August so you don't miss an early run? Anyways, just my opinion.
One potential catalyst no one seems to talk about is PDN. Their stock has been halted since June 13th and may resume trading early to mid July. CNNC might be exercising an option to take over one of their mines and EDF whom they owe a lot of debt to ($277 million, I believe) is saying Paladin doesn't have the collateral now to back it. So PDN could go bankrupt in July prior to the swiss trading arm coming online. Otherwise, we'll see if they renegotiate the debt deal and prolong it out further. That could mean a potential run in July.
I don't own any ASX stocks unfortunately. Wish I did. I am fully tapped out with 16 junior uranium miners all trading on the TSX and venture LOL obviously holding each in different weights. Even if NXE went to $50 from today's price in a few years, that's only an 18 bagger. I do feel this is the best stock in the sector to own, but the smaller caps 5 cents to 60 cents will likely go up many fold more than this one. As Rick Rule said, the 50 to 100 baggers.....I know you got in at 60 cents or something so at 50 bucks this would be an 80 bagger for you...