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Energy Fuels Ord Shs T.EFR

Alternate Symbol(s):  UUUU

Energy Fuels Inc. is a critical minerals company focused on uranium, rare earth elements (REEs), heavy mineral sands (HMS), vanadium and medical isotopes. The Company is a producer of natural uranium concentrate, which owns and operates several conventional and in situ recovery uranium projects in the western United States. The Company also owns the White Mesa Mill in Utah, which is the fully licensed and operating conventional uranium processing facility in the United States. The Company also owns the operating Kwale HMS project in Kenya. It is developing three additional HMS projects, including the Toliara Project in Madagascar, the Bahia Project in Brazil, and the Donald Project in Australia, in which the Company has the right to earn up to approximately 49% interest in a joint venture with Astron Corporation Limited. The Toliara Project is located in south-west Madagascar, 45 kilometers (kms) north of the regional town and port of Toliara.


TSX:EFR - Post by User

Bullboard Posts
Post by touaregon Oct 04, 2018 4:58pm
97 Views
Post# 28747787

2 simple points

2 simple points1) You don't need to be researching the markets all day stressed out about the inevitavle crash.. I say 'inevitable' because it is.. but the timing is another thing all together.. it will most probably happen when it is least expected and no amount of research will be able to predict the exact timing.. fortunately, the way I see it, there is a simple solution: UVXY ..there are other bear ETFs but UVXY is the best X 3 choice in my book. If you have 10% or even just 5% of your p/f in UVXY and the broad markets crash you won't lose money or at least not much and you may even make money. The beauty of this, as I see it, is first you don't have to sweat over your PC all day trying to figure out what's next AND best af all you can relax.. you don't have to do what our friend seems to have done several times already (go figure) and sell everything because you think there will be blood in the streets tomorrow. Of course when that actually does happen your UVXY will be doing multi-multi baggers right of the bat and you can sell whats left of the rest.

2) Anyone who has been involved in a Uranium bull market will know that to use stop losses is a guarantee you will get stopped out. The same is true for the whole resource sector imo but for Uranium during a bull run that is definite suicide. Just pick almost ANY random day during EFR's run up in 2006/7 you will see the intraday swings were MASSIVE. During these kind of run ups in the resource sector it is a FACT that only a tiny % people actually buy at the bottom and sell at the top. By far the majority are relieved of their shares during those inevitable big swings. The money boys just love stopping you out and stealing your shares. Ok I get a bit carried away on this one, I have probably made my point.
Bullboard Posts