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UEX Corp UEXCF



GREY:UEXCF - Post by User

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Post by mangoeon Apr 13, 2021 12:03am
174 Views
Post# 32983148

John Quakes on Uranium

John Quakes on UraniumICYMI... Cameco CEO Tim Gitzel laid out the bull case for #Uranium #mining #stocks during their Feb 10 Conference Call.
 
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He estimates 6 new U megamines the size of McArthur/Cigar must be built in next 15 years, but only way that happens is if #U3O8 price doubles or triples.
 
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Cameco CEO Tim Gitzel lays out the #Uranium #mining #stocks #investing thesis - "the world needs to discover, develop, and commission about 6 McArthur Rivers or Cigar Lakes [18M lbs/yr #U3O8 mines] in the next 15 years."
 
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U prices need to double or triple to get there.
 
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