Uranium Bull Market Just BeginningHere is a comment from the 'Uraniuminsider' on the uranium bull market.
"Technically-speaking, we are barely into the first inning of what is likely to be a long game.
I'll save the fundamental reasoning for how early we really are for another email...but for now I'll say this...
The primary thesis for investment into uranium – for a rising uranium price and a recovery of this market – is based around a bonafide procurement cycle that should consist of increased mid & long-term contracting volume. What we are seeing right now with regards to the positive price action for uranium is producers buying a bit in the spot market and some traders covering short and picking up scraps.
We have not even begun. We are still early. Zoom out. Weekly charts. Don't stress about entries, and BE PATIENT".