OTCQB:UEXCF - Post by User
Comment by
MegaMAxTZon Nov 22, 2019 3:48pm
257 Views
Post# 30383735
RE:What are we waiting for?
RE:What are we waiting for?For a Friday afternoon before a short next week, take a moment and YOU TUBE " Garden Beach Resort Khao Lak Tsunami" . It is 11 minutes but only watch the first five as the rest is blurred as in they are running for their lives.
You have a friggin monster wave all accross the horizon - a wall of water/tsunami coming right at you from the ocean and many of the schmucks are standing around chatting on the beach. Oblivious to what is coming soon.
This is how I see the Uranium market right now. 50 million LBS a year deficit between mined Uranium and consumed Uranium per year. Secondary supply is the only reason ?? prices have not already risen. Utility guys should be buying LT contracts right now and they are not - waiting for what ??
Is Cameco the WHEN when they cannot buy enough on Spot U to supply contracts next year? Cigar Lake is their only source of Mined U. Is a flood the WHEN? Can KAzaks crank it up further - maybe some but not at these low prices. Prices have to go above $ 50/LB - they just have to.
Do not know the WHEN but it is a WHEN. 100%. It is not an IF. Zero chance of an IF. Wish I had more funds to load up more shares right now of various U companies right now. But already all in.
Even most (99.9 % +) of the broader public are oblivious right now to this U opportunity . Home Depot was below a $ 100 per a couple of years ago - now above $ 200. Same with many other large caps - take some profit money off the table and put it in here - or are the lights really going to go out ?? Not a chance.
WHEN is soon. Patience grasshopper.
MM