Uranium Energy Corp UEC

According to Bearer of bad news❓

[mangoe]

Uranium bank like Sprott Trust & others is creating an artificial demand for uranium, & it is his duty ( Bearer of bad news) to inform us investors about this scam.

Have you ever heard about OPEC cutting back oil production despite have billion of barrel of oil in the ground in order to keep the price of oil up & not ruin the sector, with extreme low deflated oil price ( its call capitalism), will you also notify those investors in the oil sector about artificial demand?

[BruceANO]

Kazataprom and Cameco do exactly the same thing . They basically stop mining Uranium if they feel the price is too low or they feel the price will be much better in the future. Just like oil , the ore bodies are finite and everybody wants to maximize their profit. Capitalism at its finest. Cameco and Kazataprom are certainly large enough to exercise a fair bit of price control upwards and

[BruceANO]

Now that Cameco is into building reactors ,I feel they probably don’t want the price of Uranium so high as to discourage new builds due to the high price of fuel.

[GSTbay1060]

Since Cameco mines they can create an entire package for a utility.. They can sell Uranium at an incentivized price to make a deal for a reactor?? A very powerful position to be in!! But that will mean they need more home grown Uranium.. Or buy on the spot?? But they do have joint ventures with UEC that are very good ore bodies.. Maybe this will spur more development of the legacy UEX portfolio

[blackwolf25]

The price of Uranium to the end user is not a big issue. The availability of it is. The price will get where it needs to be to meet the demand. That price is not close yet given the new builds in the U space and the cost of even building a mine. Relax.