URANIUM 1.02% $24.70 uranium futures

speculative uranium sector running and buying, page-25

  1. 3,754 Posts.


    Topwon,you ask:

    However if it takes 10 years to get a mine up and running why are some of the juniors, who must be years away from production presently on a bull run?


    Mining can be put into 3 catagories,explorers developers and producers.

    The Job of a explorer is to find tenements and explore.

    A developer is to move the process to the next level.

    A producer is the end guys that are the ones to mine.

    From a traders or an investers point of view,all can be profitable.

    When the full interest returns to uranium,the big money will be the Juniors.
    With anything speculative,only invest what you are happy to loose.

    cheers.
 
watchlist Created with Sketch. Add URANIUM (NYMEX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.