Looks like they have officially gone dark now...the former execs living in mansions in the Caribbean at the expense of idiot, lumpen class US-based "investors"...cheers to everyone!!!!
what does management have to explain exactly? Uranium prices globally are completely out of their control, while they are doing their best to keep their costs down. It is not their fault this company wont survive...blame it on the global economy man!!! lol
did you not read what I said? Every year for the past three years I have been watching their so-called delivery guidance, they NEVER delivered and always adjusted it downwards. Nothing ever changes here.
or could open in 150's and end in 130's just as easily. The numbers were not just bad, they were absolutely atrocious all across the board. The la la fantasies of "deliveries" is hardly relevant since they always (every year) adjust it downwards throughout the year. This con game of aiming high, but delivering low is all but over here. Will be below $100 later this year with very little doubt. Cheers!
the "earnings" (or lack thereof) were not just BAD, they were absolutely ATROCIOUS. Downgrades coming tomorrow since the Street is trusting this con artist with the name Musk less and less...his nonsense on so-called "deliveries" for 2016 is nothing but pure fantasy...later in the year they will adjust this fantasy downwards and we should see this bubble back below $100....cheers!
However, longer-term, we will see supply/demand dynamic balancing out and at some point spot prices will begin to rise. I am just not sure how long it may take...maybe even 10-15 years, or maybe just a few years, who really knows? I hope sooner than later (like most cheerleaders on this board), however, hope is NOT a good investment strategy!!
My argument is simply exactly that: uranium has not participated recently in the beating that other commodities have taken, even though the supply/demand dynamics are more or less similar to other commodities (especially some of the metals like copper and zinc, as the supply glut in oil and gas seems to be much larger than the supply glut in these metals, as well as uranium). To that extent, I believe that the spot will have some catching up to do and that the next move will be a major drop to "catch up" to what other commodities have done. The other scenario is that other commodities move back up and uranium spot stays where it is and maybe even slightly moves higher with other commodities. But I see this scenario as very unlikely, as, like I explain above, I still see oil heading lower from these levels in the short term. Hope this explains it. Cheers!
no answer from the yahoo message boards cheerleader boy lol! Seems pretty logical to say it is headed much lower, not higher. Oil is not done (low $20 still on the way within a few months), and I think the next leg down takes U much lower with it. We'll see time will tell, but it is hard to see any meaningful catalysts for a U move upwards in time when there is ample supply and not much more incremental demand, all while all commodities continue to take a beating.
about to break $0.50 to the downside. After that all bets are off, but will likely re-test the $0.45 lows. And if it breaks there then no telling where it goes, $0.30, $0.20, $0.10?? And since no catalysts in sight whatsoever, could stay down there for many, many years. Cheers!
Are you kidding me? Why isn't the sky red? They know perfectly well this Company is toast, why the heck would they waste any of the money they've taken from unsuspecting "investors" into this fraud?? Hmnn...I wonder why oh why aren't they buying their own shares roflmao???