did you actually listen to what was said ...
# 4 : Rick Rule sees the uranium price remaining weak due to oversupply
# 5 : Rick Rule believes the Japanese starting their Uranium reactors is the number 1 catalyst of a rising uranium price
............... and what do we know about the Japanese ...
Feb. 01, 2017 4:11PM EST
The CEO of Cameco Corp. says the decision by a Japanese utility to terminate a uranium-supply contract worth about $1.3-billion in revenue from now through 2028 came “out of the blue.”
... termination would affect about 9.3 million pounds of uranium supplied by Cameco through 2028, including about 855,000 pounds annually in 2017, 2018 and 2019.
http://www.theglobeandmail.com/repo...ly-uranium-to-tokyo-electric/article33855015/
well there you have it - now there is even more supply in an already overupplied uranium market
glta
did you actually listen to what was said ... # 4 : Rick Rule...
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