UEX Corp UEXCF

RE:Mike Alkin agrees with 'Fake' nature of SPOT PRICE

[mangoe]

mangoe wrote: From Destinator  https://investorshub.advfn.com/UEX-Corp-TSX-UEX-17360/



Mike Alkin agrees with 'Fake' nature of SPOT PRICE

Spot is a BS nonsense market

Yes! it is fake, that is why over the years I have seen so many fund managers appear on BNN Bloomberg TV,  and stated that they don't understand the uranium market, and that is why they tend to stay away from it, you have the LT contract price for uranium at much higher price sometimes secret not announce, and then you have the fake cheap uranium spot price where the stocks trading in the market is peg to.

We need a violent Uranium Bull market where the stocks break away from the fake uranium spot price.