NYSEAM:UEC - Post by User
Comment by
makaveliagainon Nov 29, 2016 4:49am
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Post# 25525810
RE:RE:Train leaving the station
RE:RE:Train leaving the stationYea, I am adding to my UEC position in traunches. I have a 3-4 year outlook and Uranium. I am suprised Dennison has hardly moved at all the past few weeks. With $18-19 spot prices below what even the lowest cost Kazakistan mines all in production cost of about $22. This has to be getting close the bottom of the bear market. I know there is still a decent amount of secondary supply out there but at some point if there is no real new investment in developing assets there will be a supply crunch down the line. As more and more reactors and being built and coming online.
wildstylez wrote:
looks like the train is back into the station.... bought some more@0.85. many insiders bought at higher prices .