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Uranium Energy Corp UEC

Uranium Energy Corp. is a uranium mining company. The Company advances in In-Situ Recovery (ISR) mining uranium projects in the United States and high-grade conventional projects in Canada. It offers two production ready ISR hub and spoke platforms in South Texas and Wyoming. These two production platforms are anchored by operational central processing plants and served by seven U.S. ISR uranium projects. Additionally, it has diversified uranium holdings, including uranium portfolios of North American warehoused U3O8; an equity stake in Uranium Royalty Corp., and a Western Hemisphere pipeline of resource stage uranium projects. The Texas Hub and Spoke Project includes Hobson Central Processing Plant (CPP), Burke Hollow, Goliad, Palangana, and Salvo. The Wyoming Asset Hub and Spoke In-Situ Recovery Project includes Christensen Ranch and Irigaray (Willow Creek), Moore Ranch, Ludeman, Allemand-Ross, and others. It also owns projects, including Henday Lake, Carswell, and Milliken.


NYSEAM:UEC - Post by User

Comment by Edrusty1on Apr 21, 2023 1:18pm
54 Views
Post# 35407595

RE:RE:Cameco contracts

RE:RE:Cameco contractsMy point is, there is no supply crunch if major producers that are profitable at $50-$60 produce/ramp up production and sell into the market. The spot price of oil is set by the market, but heavily influence by for example OPEC right? I keep hearing and reading about how a major supply crunch is coming, and how the price is going so soar, but months and I guess years go by and in the mean time keep getting news saying Cameco has signed contracts with Ukraine, Bulgaria etc etc. Did the U bull market peak in 2021 and now on a downward trend?? I see some pumping stocks like FUU as it's price is relaitvely low and a couple pennies give huge % increases....but crickets when it drops and basically stays at the same level. Most juniors seem to be going nowhere fast. DML reported some fairly good results the other day and dropped.We're waiting for any or all of the catalysts to actually do something or else they're not catalysts at all....
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