OTCQB:UEXCF - Post by User
Comment by
rovaniemiroveron Nov 11, 2020 6:44pm
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Post# 31882040
RE:John Quakes on Uranium
RE:John Quakes on Uraniummangoe, does John Quakes have a link to the report that MarkD refers to? My sense that under 2mm lbs of uranium for the reserve is a rounding error when US utilities are using up 55 million pounds annually for their needs. The prices for this small volume will not be $70/$80 a pound. I would love to see how Talbot comes up with that figure ... really would. Given today's market action, I suspect that Mr. Market isn't too impressed, and suspects that the price would be in the $35-$40/lb range for that volume. Just based on share price behaviour of the u-stocks.