Uranium finally hit $100...!!!!!As spot prices continue to rise.......due to constrained supply factors and increased demand, this should have a magnified effect on the entire sector! At the start, as is always the case and has been so for some time now, ONLY the large, stable producers like Cameco & Kazatoprom will greatly benefit from this incredible.....and much awaited increase in uranium prices. BUT as this increase in U prices continues and stabilizes (and stays there!) at much higher levels, this will eventually have a trickle down effect & flow into the smaller players, like Standard, as well.
So what's the messaging here folks? ITS ONLY A MATTER OF TIME. Before the whole junior uranium sector explodes, and micro caps like our Standard, takes off into the stratosphere, like a BIG BAD AZZ bat out of hell......
I therefore predict.....that with increasing demand & interest not only from retail investors, but LOTS of HOT venture capital & instituttions investors as well......most of these uranium stocks........willl at least double from current levels....and the really good ones, like Standard, could potentially triple, quadruple or EVEN MORE from this point......So i can easily see Standard breaking through a dime with ease in the next month or so and settling down anywhere from 0.15 to a quarter. Until some material news comes out from the company.......
Should the hit ANYTHING significant on ANY of there 4 or 5 properties they have in their vast porfolio.......we can easily see something in the range of 0.50 to $1 .....EeAaSsYyyyy......
So stay the course my friends and have a little patience.....! The fun is only starting!
GLTA