Uranium Energy Corp. UEC

Energy

Uranium Energy Corp. (UEC: NYSE American) is an independent U.S. uranium mining company. UEC controls 104M lbs. of qualified resources and a fully permitted uranium processing plant in South Texas. The Company has a potential production profile of 4 million pounds of U.S.-origin U3O8 per year with room to expand. Chairman is former U.S. Energy Secretary, Spencer Abraham.

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Uranium Energy Corp. > H.R. 1042

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Comment by Edrusty1on Dec 10, 2023 10:29pm

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RE:H.R. 1042

I'd have to agree, way too many moving parts to allow for prediction. It's enriched U that will be the bottleneck, so if it's short a shortfall in natural U won't mean much. If enough enriched U can't be produced, then natural U could pile up. If enough enriched U can be produced, the natural U supply will determine the price as it would be the limiting factor. Question is, will any big money be coming in to drive the price, or will those that sell off to shake the tree and swoop up cheap shares still control the market?

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle