listerned to cameco and kazataprom before.....ooooooweeeeee very exciting. Ccj started buying from spot in august. Their first order(0.5 million pounds)was 7x over subscribed. 6 "parcels" later less then 2x over subscribed. They will purchase about 1 million pounds a month this year but havent purchased any so far.
Cameco will drive spot up this year, its only been a taste so far, tim said. After 232 is dusted, the contract cycle can begin.
over 3 years ive been in this space, staying up to date and educating myself daily ( more hours then a full time job most weeks) this is the year we see a return. All i can say thank god, cause im sick of waiting. Giddy up boys and girls. Its gonna be like sitting in opera's audience. You get a rerate! You get a rerate! You get a rerate! Me drunk in the back of a rental car
VMY Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held