NYSEAM:UEC - Post by User
Comment by
ReactorOPon Feb 09, 2024 9:04am
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Post# 35871970
RE:UEC
RE:UECI take it ,your not long on UEC. Perhaps you don’t believe there is a shortage of Uranium or that a worldwide nuclear renaissance is happening. You must believe that new mines are coming on line shortly and there is tons of Uranium somewhere that could be dumped on the market in a heartbeat. Certainly you have a contrarian view ,that few on this board share. Certainly SPUT and yellow cake have lots of Uranium as does the DOE . I don’t believe it is very available unless Uranium supply gets desperate which it might. I don’t think shorting Uranium at this point in the cycle is a great gamble IMO.