GREY:UEXCF - Post by User
Post by
mangoeon Apr 13, 2021 12:03am
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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. 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. 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." U prices need to double or triple to get there.