RE:RE:RE:RE:RE:RE:RE:Fission CEO just bought 50,000 shares of $FCU Appreciate that gdawgs54. I too wonder what the point of some of the posts are. If folks believe that Uranium is such a bad investment then sell your shares and go on another board. Nobody should be under any illusions that this is a long term game. If you hope to make a lot of money in the short term this is not the commodity. It is, unfortunately, a waiting game and unlike all other commodities this one has complexities in the supply chain that are almost unpredictable. That is why you need to sit back and study the business fuindamentals of the commodity. That requires a good knowledge of the technology to make informed decisions. But in the end this is a supply/demand equation. Demand has taken a temporary hit which has at the same time increased short term supply (Japan and Germany selling into a down market). That is the effect we are seeing now. As that works its way through that supply will dimninish at the same time as mined supply and enricher underfeeding supply will stop. In parallel to all of that we have 58 new reactors being built, more Japanese plants returning to service and mined supply is falling off.
No brainer to me. But we shall see.
Malcolm