RE:RE:RE:Vanadium and Uranium prices continue to fall.... You could not be more wrong.. 232 is a win - win for the Uranium market.. we are in the early stages of the boom part of a boom and bust cycle.. check out what U stocks did 2005 - 2007.
Over the next few years Energy fuels will be a huge multibagger regardless of the outcome of 232. That is the reality.
The reason 232 is a win - win is the Utilities are going to light a fuse under the whole sector once the outcome is settled, regardless of approval or not.. in the last U bull the tipping point was the flood at Cigar lake.. this time who knows what it will be but there is no doubt it is coming and imo it could well be triggered once the utes know the outcome of 232.
Goldqueen2 wrote: No, speculators on a positive 232 outcome think differently. Without 232 going their way UUUU is doomed. They will not be saved by a little Vanadium as China goes into recession/depression along with the rest of the debt saturated planet. There will be NO uranium contracts written at the current price. Uranium has to be materially higher for UUUU to ink a single contact. If they get 232 their way then their future is secured if they don't they are finished. Place your bets. Not me.