RE:Most people thoughtAnother brilliant post dreamer. Wow, you are sooo well informed. Keep up the good work.
Everybody just loves to hear you.
Dreaminthedream wrote:
that 2019 would be similar to 2018 and 2017 and 2016 and 2015, BUT it is proving to be even worse.
Spot Uranium has taken on a trend that looks fatal. A steady slope downward.
Uranium sentiment is still unfavorable. Shares of explorers and producers are very weak. FCU is having trouble even sputtering and is recognized as a dog in the investment world. A dog running out of cash as its management scours the world for thrills (in the form of conferences/conventions).
The turnaround is not in sight and you can not even look to Uranium futures for a sign that things could get better.
I still think that the picture for energy in general is discouraging. Oil and gas have never really recovered because of their surplus situation.
I expect Uranium to flounder indefinitely too. Producers will struggle to survive and will have to manage on very low margins. Explorers will die and never be heard of again.
Survival of the fittest is the new way of life.
Those of you who expect the PFS to matter or Legislation #232 to turn things around are going to be DISAPPOINTED........just as they have been disappointed by past events that were supposed to cause improvement.
The market is telling you that there is more trouble on the horizon. The market knows. Those who are betting using HOPE as their backing need to prepare for lots of worry. LOTS.