RE:RE:RE:Uranium SpotNice thoughts spirit. At $60 next year URE will generate an operating profit of ~$28 million or ~25 cents a share. At a 10 PE multiple the share price will be ~$2.50 based on fundamentals. However, if sentiment all dramatically increases due to a spike in spot price next year, then the demand for shares will provide even great pressure to the upside.....likely well over $3. I am struck with the dramatic increase in trading volume in both URG and URE compared to peers like URZ. As soon as the price resets toward the mean, in comes the demand for the shares and back up it goes. Buyers are coming in and overwhelming sellers.