BMN 4.88% $2.73 bannerman energy ltd

very nice consolidation, page-5

  1. 12,454 Posts.
    lightbulb Created with Sketch. 265
    Totally agrre with Nightstalker.

    In the space of a few days BMN shot up from $1.60 to $2.08, blowing out above the moving average. The trend changed & it is clearly UP on the cahrts.

    Since then we have had 5 days of consolidation.

    In the broader market, PDN has gone up 50% in the space of a few weeks, ERA has boomed and IMO is about to break out.

    Talk everywhere in the industry that the spot price has hit lows. Spot buyers have returned, utilities are buying again after staying out of the markets, and investors are back buying physical uranium

    Across the board all the better U explorers have started to move.

    If all the above doesnt signal that a reversal is happening, then investors are plain blind.

    U is back ... it just needs to announce itself. Until then I am buying back into the better quality plays

    cheers
 
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