RE:RE:This board is dead!Not dead but I was on vacation for a while. Good points made MegaMax. It is just a matter of time. Good drill results do not move the stock prices much. Big boys are not interested (yet) but many reactors starting/restarting in the coming two years. It is all just a matter of time so I will sit back and enjoy a nice Scotch while all the pieces of the puzzle fall into place. Malcolm You
MegaMAxTZ wrote: You are right. Everybody left after the nonsense talk the past few weeks. Stick to the industry topic at hand.
- Uranium prices will rise
- About at least a dozen companies share prices will more than triple in the next 2 years.
- Patience is key as this will happen. Not a wish but a certainty.
- Mining companies will not sell Uranium at $ 23-33 /LB and lose money
- Spot price is meaningless
- Uranium prices could rise to over $ 150/LB in the next cycle between now and 2025
- Would put Nexgen at over $ 10 per share or more for a period of time.
- General investing public have no clue about the Uranium industry
- Nuclear power still has a bad stigma to the general public
- Close to a Trillion dollars being spent on new Nuclear power plants over the next decade.
- New Nuclear plants are way bigger than older plants and need more Uranium to run
- Vast majority of investors are in funds not individual stock so do not know about potential here
- Industry is too small for big money Billionaires to invest large sums. Advantage smaller investors
- Cobalt is now more in the general public due to Electric Cars. Uranium could be next if a shortage happens.
- Several Uranium companies have Cobalt in the ground In Canada at high grades.
- Looks like into summer slowdown but could be a black swan event anyday, who knows.
Patience - tick tock tick tock................
MM