OTCQB:UEXCF - Post by User
Comment by
mangoeon May 28, 2020 7:24am
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Post# 31081694
RE:U.S. to end #Iran #Nuclear waivers
RE:U.S. to end #Iran #Nuclear waivers rarb123 wrote: Recently I've been reading comments like 'The competition in the Athabasca Basin is really stacked right now.' Last Bull market there were 700+ companies that made reference to Uranium, today in the AB perhaps just the big 4 AB players NXE DML FCU UEX in the 100m+lbs club and a handful hoping to get there left, when I read comments like 'competition stacked' I think the writer has clearly another agenda. After the announcement - U.S. to end #Iran #Nuclear waivers; John Quakes provided the following comments 'U.S. to end #Iran #Nuclear waivers in blow to Obama-era pact #Trump administration is ending sanctions waivers that allow Russian, Chinese and European companies to do work at sensitive Iranian nuclear sites'&'It highlights the risk that US nuclear utilities are taking by purchasing cheaper fuel from foreign powers who do not share the same ideological values. Cheap may not be cheap if imports are blocked. Safer to buy from domestic US producers, Canada & Australia.' Traditionally geopolitical tensions and issues always have carried greater risk and US Utilities appetite for lower priced Uranium may be about to be soured. Jurisdiction matters, always has, and as a consequence of the news perhaps it's time to do a review on U equities and consider weighting towards US and Canadian companies? Thoughts?
We all know he hates Obama, everything Obama does he undo it, even if it benefit mankind and American citizen, what took him so long to undo this Obama policy, based on his track record of undoing everything Obama did,this should have been done already.