Uranium Energy Corp UEC

Yup not a good day

[GSTbay1060]

but when vtr/horse/plum are saying this is one of the worst today... They forget to mention all the others that are down.. The sector will continue to see consolidation until we have spot discovery.. Until then we will continue to endure the constant bashing.. If they think this sector will not turn around why does it stay??? 

glta
dyodd

[mary2117]

I thought when they talked about consolidation in the uranium sector they were talking about reducing the number of uranium companies. Bigger companies buying smaller companies. What does it have to with the spot price? What do you mean by the term spot discovery?

[GSTbay1060]

Hi Mary Spot discovery for me is when the spot price reflects the coming short fall in Uranium supply.. I maybe should use the term "re rate" The consolidation I am referring to is the price.. the price of lots of these Uranium equities keeps falling.. I view this as the stock intrinsic value going up.. in other words the stocks are a better value today than 2021 .. the equity price is

[mary2117]

The market has been depressed on all types of  equities  for the past two. We have high inflation, and they keep talking about a recession. The supply short fall  was in part, as someone point out, artificial. Those funds that removed supply from the market could suddenly dump onto the market if the market improves enough. Restarts of mines will also add supply. Is the value of