No one has yet demonstratedthat there is a real bull market in Uranium. The stock market is making a pretty solid effort to show that there is NO bull market near.
Uranium stocks are quite weak. Cameco is struggling. FCU is fizzling. Even Dennison is hurting.
The SPOT PRICE continues to cause worry. Its bias is lower. And the futures market has been stuck for years and still shows no strength even 4 years away.
The pumpers on here and Twitter seem to be ignoring reality. Maybe because reality is painful. Utilities are still in no hurry to do long term committments.
Seems like there is a lot more Uranium out there than people realize.