RE:UWE.TO uranium stockThis is the bottom! I am taking my first position. Again when you assume that the market read 3-4 months ahead of time, a little reverse trend on uranium price woud lead to a quick recovery on SP by 0,03-0,04$. Then by end of the year entering in 2015 uranium market will rebounce on restart of theJapanese reactors (need just a few).
with China building new one and many on the drawing board we will be in a deficit market where demand will outstrip capacity leading to a better environment on pricing. Bagholders need a little bit more patience from here.
Maybe a bit of pressure short term but definitely better days mid and long term.
all the best.
I had a very bad story in uranium with fiu, hopefully uwe will bring some $$$.
glta