OTCQB:UEXCF - Post by User
Post by
RichardStockon Sep 20, 2021 2:25pm
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Post# 33887287
Not too worried abt recent volatility
Not too worried abt recent volatilityIt's actually good that u.u is a bit down. The spot price increase needs a bit of a breather. We don't want Sprott to completely take all available stock and force Cameco to restart McCarthur. Best to let Cameco do some spot buying as well, since they might be short this quarter. I really think they should've done it ahead of Sprott and now they're prob in a bit of trouble.
As for UEX, unless you're a short term trader this volatility is gonna pass. Enough cash on hands and nothing has changed in the fundamental story.
I wonder how Europe and Germany specifically are gonna respond relative to nuclear energy in light of the european energy crisis and EU clean energy taxonomy. Should be interesting few weeks with German's election on the 26th Sept...