GREY:UEXCF - Post by User
Comment by
mangoeon Sep 20, 2021 12:00am
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Post# 33885393
RE:general
RE:generalplumena3 wrote:
Dow and others downhill ,equities have a bad time in Sept to mid Oct. uranium equities overpriced (according to Sprott) ........shall see
https://dowfutures.org/
When Rick Rule made that statements Uranium was $30+ per lb, now Uranium spot price is now $50+ per lb, Rick Rule is also connected to Sprott, UEX was trading in the high 40+ cents a share while they were talking down uranium stock price, Sprott & companies including Rick Rule got 72+ million shares of UEX at 29 cents in that financing PP deal, what a coincidence.
One can make the case that all these uranium stocks are lagging behind the Hot uranium spot price, only shareholders that think uranium stocks are overpriced are traders & penny flippers, they were all here the last uranium bull run, most of them got flush out of the market and never get to enjoyed the ride to $9+ a share, same thing will happened here, sooner we flush them out the better.
If you look at that chart in the You Tube video "HERE WE GO" by Gwen Preston, we are at the begining of the uranium bull market, long ways to go on the upside.