NYSEAM:UEC - Post by User
Comment by
GSTbay1060on Apr 22, 2023 8:23am
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Post# 35408574
RE:RE:RE:RE:RE:RE:Cameco contracts
RE:RE:RE:RE:RE:RE:Cameco contractsFear Of Missing Out??? It is part of our greedy Human nature that lots of folks fall prey to.. Just like when stocks are falling everyone is in fear and sells.. Rick Rule has pointed out that when a stock falls by 50% it is Twice as valuable.. Only if the sector and the stock are trading lower because of the fear ... Holding now is a paper loss for some.. Some are still in the green on the Uex , Uec deal if they got the Uex shares cheap enough. Selling now would realize the gain or loss...The longer this market goes on the more optimistic I get.. other than some big producers increasing production there is not enough long term supply for the long term market... So where is the u3o8 coming from?? I agree with Mr. Irwin there is enough uranium available. But at what price? The Uranium price will stabilize around $85 long term.. My guess... But I also believe there will be a spike.. How high is anyone's guess..
sorry to ramble!!
glta
dyodd