Bullboard - Stock Discussion Forum Skyharbour Resources Ltd V.SYH

Alternate Symbol(s): SYHBF

Energy

Skyharbour Resources Ltd. is a uranium exploration company. The Company holds a portfolio of uranium exploration projects in Canada's Athabasca Basin. Its projects include Moore Lake-Core Project, Russell Lake-Core Project, South Falcon, South Falcon East, Preston, East Preston, Hook Lake, and others. The Moore Uranium Project consists of 12 contiguous claims totaling 35,705 hectares located 42... see more

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TSXV:SYH - Post Discussion

Skyharbour Resources Ltd > SYH and the uranium market

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Post by StockDoctor101 on Jan 09, 2023 3:42pm

SYH and the uranium market

Demand for nuclear energy is rising and a potential bull run for uranium is around the corner. Additionally, the number of plants in the BRICS countries are building and supply seems to be limited. With supply constraints / higher demand the price of uranium should see an increase and a lot of analysts are expecting the spot price to range from $60 - $80. SYH has been relatively stable over the past few months (+10% past month) but with a massive portfolio of 18 projects (10 drill ready) I wouldn't be surprised to see a significant run in 2023.