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Uranium Energy Corp UEC

Uranium Energy Corp. is a uranium mining company. The Company advances in In-Situ Recovery (ISR) mining uranium projects in the United States and high-grade conventional projects in Canada. It offers two production ready ISR hub and spoke platforms in South Texas and Wyoming. These two production platforms are anchored by operational central processing plants and served by seven U.S. ISR uranium projects. Additionally, it has diversified uranium holdings, including uranium portfolios of North American warehoused U3O8; an equity stake in Uranium Royalty Corp., and a Western Hemisphere pipeline of resource stage uranium projects. The Texas Hub and Spoke Project includes Hobson Central Processing Plant (CPP), Burke Hollow, Goliad, Palangana, and Salvo. The Wyoming Asset Hub and Spoke In-Situ Recovery Project includes Christensen Ranch and Irigaray (Willow Creek), Moore Ranch, Ludeman, Allemand-Ross, and others. It also owns projects, including Henday Lake, Carswell, and Milliken.


NYSEAM:UEC - Post by User

Post by GSTbay1060on Oct 18, 2024 9:24pm
93 Views
Post# 36272704

What’s next

What’s nextFor the Uranium sector we have seen a significant rebound that has happened very quickly.. WHY?? Not really due to the supply demand fundamentals but, because of the extra push from the new and growing demand from A.I.  for constant 24/7 reliable electricity from nuclear!!! Yes the supply/demand is the major factor in the Uranium thesis but A.I. is the preverbial straw that broke the camels back.. However in the short term here is a problem.. Even with all of the positive news the issue that may cause a bit of a pullback in the sector is if spot doesn't start to move higher.. I know spot has little relevance to the trade but its the only thing retail can see in this opaque market.. If we get word that the term price is moving up that would help in reassuring retail.. I still believe in the mid to long term for Uranium and UEC.. I just advise caution of your expectations in the short term.. It was a wonderful week and it would be very bullish if next week is even slightly similar to this.. We may need a little sideways chop to build a base???
glta
dyodd




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