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Uranium Energy Corp. UEC

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.


NYSEAM:UEC - Post by User

Comment by ReactorOPon Feb 09, 2024 9:04am
60 Views
Post# 35871970

RE:UEC

RE:UECI take it ,your not long on UEC. Perhaps you don’t believe there is a shortage of Uranium or that a worldwide nuclear renaissance is happening. You must believe that new mines are coming on line shortly and there is tons of Uranium somewhere that could be dumped on the market in a heartbeat. Certainly you have a contrarian view ,that few on this board share. Certainly SPUT and yellow cake have lots of Uranium as does the DOE . I don’t believe it is very available unless Uranium supply gets desperate which it might. I don’t think shorting Uranium at this point in the cycle is a great gamble IMO.
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