NYSEAM:UEC - Post by User
Post by mangoeon May 09, 2025 9:25pm
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Post# 36568574
My Diagnose of the Uranium Sector was/is right ☢️
My Diagnose of the Uranium Sector was/is right ☢️The background noise of Tariff from President Trump, although his policy is bullish & good for Uranium Stocks, His tariff policy also affected the entire sector in a negative way, while major Stock Index was down 10 to 20% most Uranium Stocks were down over 50%.
The background noise of these never ending War with Countries with Nuclear Weapons like Russia & Ukraine & India & Pakistan prevent the rip your face off rally from ever manifest, it is like there is a disaster Short in the sector even though the sector is going up, but still underperforming with all these current World events, more like a fear short, I wish it wasn't so, that doesn't mean the sector is not a good investment, it is but there is a lot of fear hiccups along the way.
Advantage to the Companies that need/buy Uranium to operate their Nuclear power plant this fear factor contribute to the sub Uranium Spot Price/Long Term Contract price below $100.00 per lb.
Think about why the Sprott Uranium Trust is having such a difficult time getting to a premium, to raise money to stack more Uranium to drive up the Uranium Price.