From1,80$ to 0,72$ in 6 months - insaneConsidering that they got money at 1,50$ with recent closing, this ride is forced by investors taking back their moeny out of commodities. Here is the problem, they took it back quickly creating drop in sector such as precious metal and energy at the same time... This is not responsible at all.
with all the fresh cash on hand they will need to put it back in some sector.
silver and gold could be the ones. But uranium will bounce back.
i have been on mga for a while last year when it was at its bottom. I missed fcu prioi to the run and i was watching it to find an entry point.
here it is, i am on with inital 10k and will add on any weakness.
good luck to all , we will see 1,50$ again in the 6-8 months.
dyodd
demand will outstrip capacity down the road, uranium price to pick up in due time