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Bullboard - Stock Discussion Forum Uranium Energy Corp UEC

Uranium Energy Corp. is a uranium mining company. It advances its In-Situ Recovery (ISR) mining uranium projects in the United States and conventional projects in Canada. It offers two production ready ISR hub and spoke platforms in South Texas and Wyoming. These two production platforms are anchored by operational central processing plants and served by seven U.S. ISR uranium projects... see more

NYSEAM:UEC - Post Discussion

Uranium Energy Corp > Nothing goes up in a straight line
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Post by GSTbay1060 on Jun 14, 2023 3:06pm

Nothing goes up in a straight line

Any investor thinking in such simplistic terms that things that don't always go up are bad will be forever disappointed.., Uranium and the equities that are involved in this space are very volatile.. Also the sector has relatively low liquidity.. So just a little bit of cash coming into or leaving will have a great effect.. DO NOT invest in Uranium or anything associated with it if you can't handle seeing 40%of your money lost in a day or two!!! If you don't believe Uranium is in a structural deficit get out NOW!!! If you are a cry baby get out NOW!!  But if you think Uranium is going higher in the future do some investigation and ladder into a position... Listen to everyone but believe no one!!!! 

DYODD
GLTA

Comment by Stratocheif on Jun 14, 2023 9:34pm
The uranium deficit/boom narrative has been ongoing now for over a decade. I've held UEC for over 12 years. The only time I made money on it was in summer of 2015. Bought at $1.60 and sold at $3. Since then I've only held believing the ____ narrative. Missed out.  I could have sold at $6 just a while ago. These types of resource plays are not "investments" they are ...more  
Comment by Stratocheif on Jun 14, 2023 9:44pm
Most of these companies have diluted themselves to oblivion. There is no way UEC will go back to make new highs. And others too. I bought Peninsuls 10 years ago fir $1. Now it's 10 cents and it will NEVER make it back to a dollar because of the brutal dilution. These types of small  resource companies could care less about shareholders...only about thier paycheques
Comment by GSTbay1060 on Jun 14, 2023 10:06pm
Very true.. Some have sold 20% of their future production to the Chinese.. Then that ceo was forced out and then started a new company and has had a few good hits during a drill program..  yes, Uec has used some raised capital to pay wages.. and yes they are high wages...but the team does own substantial shares.. also they have issued shares to trade and raised more money to buy assets.. like ...more  
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