“The bigger more advanced uranium stocks will move first but as...

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strauss

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06/06/18

09:12

Post #: 33520681
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Originally posted by tradesurfer ↑

How many uranium stocks have a Mc under $6m....

If this is a true turnaround in uranium which judging by the sideways movement for along time +volume its evident a big move is approaching in the ST/MT ... If this eventuates as we have seen spot price rise 13% since lows just watch the dogs bark. The bigger more advanced uranium stocks will move first but as with every sector move its the tiny Mc plays that will offer the biggest rewards and both AGE EPM under $6mc will offer monster moves ....

AGE is prob more advanced atm as there drill ready and with hints in last ann and talks with a possible Jv partner coming onboard ... Also will have cash now to finally drill

If uranium truly turns around some of these unloved specs are going to go mental and the break of the URA downtrend last night 1 would assume the next 1-6 months in this sector should see some big action... Will need a pullback again to test the strength + support hoping to see this hold and gain ... Would be good to see a new sector fire up ...

I hold plenty of uranium stock DYL BKY but my 2 dark horses i hold plenty of and have done for a few months waiting for this sector to fire AGE EPM....

TS

Ps @Sector good to see you back

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“The bigger more advanced uranium stocks will move first but as with every sector move its the tiny Mc plays that will offer the biggest rewards and both AGE EPM under $6mc will offer monster moves ....”

I agree with this and we already started to see interest moving into AGE yesterday with some heavy volume buying EPM yet to follow but it should given its leveraged exposure too

XAO Value at posting: 6,108.5
5 Upvote

0 Great analysis

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