Uranium Hoax??Here are some catalysts that have come and gone.
1. Long term contracting in 2022. No real impact.
2. Japanese restarts. Remember how Rick Rule declared this to be the ultimate catalyst.
3. Sprott. It started off with a bang and has fizzled big time in last 6 months. Impotent. A joke.
4. US budget support for Uranium. Little spark to start then snooze.
5. Seasonality. It has been the biggest joke of all in spite of Quakes's cheerleading.
6. War in Ukraine. A short term blip, then flop.
7. Sanctions on Russia. Sounded powerful but turned into a dud.
8. Constant promotion about shortage of Uranium supplyIn reality, it appears that these U pumpers might all be full of manure. The market typically looks ahead 6 months or so and judging from Cameco's share price, the shortage is an illusion.
Conclusion. The U bull has been announced and pronounced and pumped and pumped. Justin Huhn and Quakes and Derek Quick have been super promoters for years.
How is it working out for ordinary investors so far? Have investors been duped? Something smells.