How many catalysts
have come and gone and yet the uranium bull market continues to elude investors.
The SPOT price and futures market flounder and thus the stock market has no solid foundation/support.
Any momentum that does appear is quickly mangled by weakness in the spot market or announcements that are perceived to be negative (like Cameco's restart of Cigar Lake).
This does not look like a real bull market. It appears to be a market that wants to teach bullish people a lesson.