Post by
Dreaminthedream on Dec 03, 2020 4:15pm
Let's see it
Two times now I have asked the uranium believers to provide real evidence that a bull market is under way or imminent.
NO ONE has provided one shred of proof that an even modest improvement in the uranium environment is happening or minutes away.
Day after day, the market continues to treat uranium shares like dirt. There can only one reason for that. The reason is because there is more uranium available than pumpers and analysts admit.
Secondary supplies continue to keep the market needs supplied. There is NO shortage.
Tim Gitzel spoke at the recent Nova Scotia conference. His remarks were less than inspiring.
We have endured 6 years of pain in the uranium market. There could easily be 6 more years of the same. After all, the last bull market was a FREAK happening.
Comment by
GovernanceQP on Dec 03, 2020 5:40pm
Interesting comments from Gitzel who a reasonable person would consider an expert now consider this with respect to FCU signing the type of offtake agreement that they have. Professional negligence of some sort?
Comment by
Dreaminthedream on Dec 03, 2020 10:14pm
There are many mineral deposits around the world that held marvelous potential at one time. Most of these will sit in the ground forever. Considering the large amount of uranium out there at bargain prices along with the shut in mines, there is no need to develope newly discovered uranium deposits. They will remain in the ground forever. I am sure you can name a few that will have that destiny.