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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

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Uranium Energy Corp > UEC today

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Post by GSTbay1060 on Aug 23, 2023 4:27pm

UEC today

I am surprised again today with the green finish.. At the beginning of the day my thoughts that there would be profit taking looked like it was happening.. Then up down up down up!! I am beginning to believe that we have a chance??? I still believe we will have consolidation days but right now it is looking interesting.. The fact that Canada is sanctioning Russian Uranium is another very positive event.. Considering UEC is un hedged to the price this also is positive in a rising spot market? Who knows what will happen tomorrow?? At least today we went in the right direction?? And the big question is where is the Uranium coming from if U.UN starts to buy??
glta
dyodd

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Comment by Edrusty1 on Aug 23, 2023 7:22pm

I don't think Canada sanctioning Russian U was such a bold move as our CANDU reactors don't use enriched U. After hanging on for years, I'm approaching the next few months with cautious optimism....and the feeling I should have bought more when it was on sale.

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