RE:RE:ALERT-----HERE'S SOMETHING TO THINK ABOUT---=Impalaman wrote: "And---a JV---just before the uranium spot prices predicted to go higher at anytime---HHHUUUMMMMM."
Well the spot price has been predicted to move up for about 6 years now. In reality it is still floundering. The long term price in 2025 shows that there is no bull market imminent. Price is at $39.05.
There has to be an unknown happening in the Uranium industry. Somehow the supply of uranium is keeping up with demand and there is no pressure on spot. No one seems to know what is going on.
Could it be that lots of uranium is available OUTSIDE the regular market system?
Maybe it doesn't matter because NO ONE wants Patterson Lake. NO ONE needs it. If it was needed, it would have been bought up a long time ago.
FCU is on track to die a natural death, helped along by an incredibly incompetent management.and board.
The market is telling you that.