RE:RE:Why is this down?A sound analysis alibongo888. All of the Juniors are not really companies in the true sense because they make no money (only spend it), have no profits and pay no dividends.Their value is only in their potential to make money down the road. That is what we are investing in really. So agree they are not part of the wider market but it is strange how a selling sentiment affects them. I never pay attention to "corrections". It is the underlying economics that are the real drivers of economic growth and ultimately stock valuations. They are just opportunities to buy at a discounted price.
On the demand side another two large reactors in Russia have started up. Rostov 4 was connected to the grid on 1st February 2018 and Leningrad II - Unit 1 is now at minimum controlled power.
So the as the world keeps building new plants and suppliers keep cutting back on supply we are getting nicely set up for the next Uranium bull run. My guess is about 10 to 15 plants will start up this year. Demand is going up and exceeds supply. Supply is going down and cannot meet demand. That means inventory is going down. Every day another reactor years worth of fuel is used up. The rest is just a matter of time and holding these juniors when the rest of the world wakes up to it is where you need to be.
My view is that this time the bull market will be longer and prices much higher than previously and that means some nice gains are coming.
Malcolm