Post by
Danweld on Oct 19, 2022 9:09am
A good news story
Every week there is good news that is supposed to set the Uranium Markets soaring! But instead they pop and fizzle! The volumes are barely hitting averages! Sold all but 20% holding cash and waiting for a good opportunity to get back, when uncertainty settles down>
Comment by
Edrusty1 on Oct 22, 2022 11:55am
I don't think the market will be very reactive to 'good' news until the U price spikes (if it does). Either buyers aren't buying very much, or there are sellers willing to take profits at this price. Maybe the long term economics of stable $50 uranium is what some desire?? It would be nice to know how much buyers are purchasing and from who....