Like with water it takes often a long time until long term demand problems sink in and are addressed. Next week we have a meeting here in town where the water board wants to explain the rapid price increase. For those who do not know what a shortage means.
Same folks most likely will go to future meetings of the electric company and complain about their bills. LOL
where is Marcelogsol? End of the week already, I don't see $.90 very near. So people, do yourself a favor in order not to look like a jack ..ss by not posting future price (regardless you are a basher or a pumper) that sound so sure as you can make it happen. We probably can only tell the trend but not the price or else we are already rich.
Trade I am not reading this topic, but let me catch you here. I bought DNN today. You are worried about the missing URRE production of Uranium. Maybe you want to look at DNN and get some peace of mind. Smaller reserves, but it seems they are well connected and they have income from production. I did not get it at the low ( paid 1.83) and of course there is the risk of profit taking..... but as I said before, when down trotten industries recover, 10 baggers have a good chance to happen.
You are correct. What do you think the stock price will be one year from now? I say it will be over $10 per share. Nothing has changed, the demand for Uranium is increasing day by day, along with the cost. See you in a year.