The Inner Uranium Circle What is very interesting is this inner circle - US - our small group of maybe 100 who really follow the Uranium cycle............
Grz16 vs MM2001 and others and all the short comments...Just buy more NEXGEN vs FCU . And forget CCJ going down the tubes. Juniors like UEX and UUUU etc. not reportimg etc. All are good. Buy them all before the next cycle.
I am in a global business - market price is $ 0.70/LB for volume - Chinese dominate....... 4 Billion LBS per Year....they selll at less than $ 0.50/LB. Prices will rise as capacity shrinks - just when.......
Uranium sells for $ 20/LB on Spot - Cost all in is $ 60/LB Malcom/Gizard Agree.......
1. So I am CCJ with contracts running out in 2020 and I am sweating. Lose money at $ 50/LB . Nooo....
2. I am the Swiss sharks running the KAZA arm who are VERY smart...... IPO At $ 60 not $ 20 in MArch of 2018..Continue to sell at less than $ 25/LB. No they are not stupid.
All of this means - and I am officially the thousand'th person to say in this group - not a matter of if but when.... Ane let us pull the punches both Malcom and G16 and all ---- we are all in - I am and the when this Uranium Sector rises which it will - it will be magical.
And please all donate to TX and LS ? Even a dollar helps.................