Every thing depends upon the Price of Uranium. Today it is about $ 36/pound. It has to $ 60 to 70 to be profitable. UUUU is different. It has long term agreement at good prices. I do not know the exact price. The real problem UUUU stock price was dropped in 2013 by dividing the share price by 50. Yes by 50. I suffered a big loss. The real problem s no body wants a Uranium plant near their home.
I think it is a good buy at 4 or less.
If in this up market UUUU is down there is something very bad going on.
I made the mistake of buying today the Uranium company.
I think they were surviving of long term contracts. I assume they are on
the decline side. Uranium price is low and cannot compete with International price.
Can some one comment on this.