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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
Comment by miningboomon Apr 24, 2019 3:01pm
145 Views
Post# 29665593

RE:RE:RE:Any commodity can make you rich or poor

RE:RE:RE:Any commodity can make you rich or poorRick Rule never said prices will only go up when Japan restarts all its reactors.  Totally inaccurate.  Stop making $hit up and spewing lies.  His contention was that the price move will be contingent on the "pace of Japanese restarts".  He kept his viewpoint vague because nobody knows 'exactly' when the tide will turn.  Personally, I think the new contracting cycle will be the major catalyst.  He did however say that once the U market does turn, because of the memory of the last bull run, we'll probably see a very fast move into the space by speculators.  As a result, the initial move could be quite violent.  Personally, I think he's right.  Once new long-term contracts start to get signed at 'reasonable' prices, people will start piling in.  This will include previous uranium investors from the mid-2000s, current resources investors, and even cryptocurrency investors (who are currently very interested in this space).  Once market caps get large enough then big institutional money will follow.  And all the while hedgies will buy up the physical while utilities scramble to lock in long-term contracts before the impending supply squeeze that people in-the-know know is coming.  It's going to be a wild ride.  Just make sure you're positioned properly at the beginning and that you have an exit strategy in mind.  I know I do.
Bullboard Posts