NYSEAM:UEC - Post by User
Post by
GSTbay1060on Jun 08, 2024 4:47pm
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Post# 36079475
Recent pullback in Uranium stocks
Recent pullback in Uranium stocks With this recent pullback in the sector, how does this affect supply going forward?? Here is a thought, the developers that require money to build new mines and infrastructure may have a harder time finding financing... Because, bankers are a very conservative group.. They don't like risk. With risk comes higher cost of capital.. Therefore the companies that think they can bring new production online may be surprised by the price they will be paying for funding due to the volatility in the market..
So does this help the lack of supply??? I don't think so?? But time will reveal the future.. The current sell off of the equities is a potential gift??? It all depends on where the bottom will be.. Any thing can happen and turn the sector around in a heart beat.. or we just wait for the fuel buyers to come to the market... This sector is not for the weak of heart..
glta
dyodd