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Bullboard - Stock Discussion Forum Nexus Uranium Corp C.NEXU

Alternate Symbol(s):  GIDMF

Nexus Uranium Corp. is a multi-commodity development company. The Company is focused on advancing the Cree East uranium project in the Athabasca Basin in addition to its precious metals portfolio that includes the Napoleon gold project in British Columbia and a package of gold claims in the Yukon. The Cree East project is located within the Athabasca Basin of Saskatchewan, spanning 57,752... see more

CSE:NEXU - Post Discussion

Nexus Uranium Corp > Quick insights on the latest trends in uranium
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Post by sdhaka on Jul 12, 2024 4:31pm

Quick insights on the latest trends in uranium

Hey everyone,
 
Here are some quick insights on the latest trends in uranium and nuclear energy:
 
- Rising Demand: Global demand for nuclear energy is surging, with states like Tennessee, Virginia, and Michigan pushing for more nuclear initiatives. 
 
- Uranium Prices: Prices have soared to $85.95 per pound, a 68% increase from last year. This is driven by demand, supply constraints, and geopolitical tensions.
 
-Supply Chain: With Russia producing 35% of the world’s enriched uranium, our supply chain is vulnerable. The World Nuclear Association projects demand could double by 2040. 
 
These were my insights from the research i conducted... i would like to know what you guys think for uranium's future price???
 
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Nexus Uranium Corp