Uranium Energy Corp UEC

RE:Jayant Bhandari

[ReactorOP]

I watched his podcast and he has some valid points. The main one is the opaqueness and unpredictable volatility of Uranium. I believe that a lot of utilities with old reactors were in the last few years running down their Uranium inventories with the idea of retiring the Units thus not needing more Uranium. Now there is huge government incentives to keep them going hence the pick up in contracting. Uranium is a small space subject to a lot of volatility. Uec is probably one ofthe smallest Uranium company you would want to invest in. The exploration companies on the venture exchange is really just gambling. I personally can wrap my head around just how much energy and how clean nuclear energy is. The Green environmentalists managed to bring down the price of solar and wind. I believe the price of Nuclear plants could be brought down in a similar fashion. I really don’t think there is a viable alternative for carbon free baseload energy that is going to be required to supply electric cars.