OTCQX:PALAF - Post by User
Comment by
inves20on Jan 23, 2016 11:44am
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Post# 24486966
RE:The biggest U failure of 2015
RE:The biggest U failure of 2015This is probably a play for long term , the company is market value of around $450 million, with 1.7 billion widely held shares.
The USA $ is likely going to settle down from it's high valuation .
There will be a long ramp up on the new reactor builds all over the world.
It is the best performing commodity when compared to all the other energy and metals this last 12 months, due to the strong US currency everything went down massively, except U.
This means that the market is telling us that demand will soon outpace supply in a couple years.
Japan is currently reducing it's stock pile and supplying the market, to be in line with the amount of reactors that will be brought back online, When Japanese utilities stop selling, then the U price will increase and miners like PDN will re-open mining to try to keep up with demand growth that the CO2 emission agreements, These green house gas emission targets, will naturally bring nuclear back to the preferred base electricity backbone.
China wants to get off coal and reduce smog so they are building reactors.