RE:RE:Normally we should be close to high cost producer shuttinggravedigger51 wrote: I can never figure out why people don't do their homework and listen to the experts on consolidation.
12 months below 30 dollars is when the pinch starts to be felt. You guys can follow spot price and do the math. That means the real "pain" will start to be felt about 6 to 12 months after. What consolidation has happened in the sector? You can't wish or hope away a million pounds of access inventory. Yes things will change in the market but you are all still early to the party. Even Sprott is not trying to sell their big clients into the sector with a Major Uranium convention until mid summer of 2017.
i won't even comment on the Denison post, not worth my time.
Good night
You pretty much nailed it.