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Bullboard - Stock Discussion Forum Uranium Energy Corp UEC

Uranium Energy Corp. is a uranium mining company. The Company advances in In-Situ Recovery (ISR) mining uranium projects in the United States and high-grade 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... see more

NYSEAM:UEC - Post Discussion

Uranium Energy Corp > Mike Alkin
View:
Post by plumena3 on Aug 02, 2024 2:50pm

Mike Alkin

doesn`t he run a fund which can go ``short`` as he  stated?

I am following many on youtube and other media but still form my own opinion.


As I said, if this bearmarket develops no stock or thesis is safe. Remember the tech bubble,and 2028/09.(in both cases my bookvalue loss has been around -4%  (keeping my senses aleart).

There will be a time to go back when all the dust has settled and the thesis is still valid.

If you belief in the uranium thesis then best would be ignore the book losses and wait for better times.

but that`s  not for me.

GL


Comment by GSTbay1060 on Aug 02, 2024 3:24pm
here is where we agree. If there is an economic downturn then Uranium WILL be swept to the curb with everything else.    However do you think utilities will be shuddering nuclear facilities? The ongoing need for baseload power is constant. We just exist in this market and are subject to its whims..  Uranium and the related equities will go up and down but the fuel that is ...more  
Comment by CLOUDER on Aug 02, 2024 3:59pm
imo,if the price of uranium doesn`t go to $200+ real soon then YES they will have to be shutering facilities in about 5 years going forward,imo   there is just a way to long for the leadtime in the uranium sector.  A very smart uranium guy on a podcast a month or 2 ago said SOME ONE of the utilities will just open up the wallet and buy what they need going forward like all the way ...more  
Comment by GSTbay1060 on Aug 02, 2024 4:14pm
I feel $200 is very possible sometimes in the next 2 years.. but $5k is way out there for me.  Even an overshoot of $200 is possible for a time . But the incentive price for new projects is definitely above where we are today.. As an investor I don't like seeing these huge pullbacks.. But I understand that it is part and parcel of the sector. As we go forward volatility is the only ...more  
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