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clock Created with Sketch. 26/04/21
20:41
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Originally posted by fency26:
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I've heard many times over on interviews with top Uranium sector gurus that the price of spot isn't really a good indication of where we are in the current bull market. It's all about the major utility companies out there that are likely due for contract renewal in the next 12-24 months, since these guys don't just buy a few bits here and there every 6 months in the spot market. They sign up for long term contracts, and once that starts happening again then the spot market will really start moving.
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Originally posted by Croesus1:
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in any market that is going to return multi-baggers all sections need to run: spot market, term market, futures contracts, etfs holding physical, uranium service company's, producers and explorers. So far we have seen the uranium market bottom out, a change in public sentiment from never nuclear to many now saying nuclear is the only way to generate environmentally friendly electricity, bipartisan support in the USA for nuclear power (even the current communist Biden regime ... if he hasn't got alz disease I am a monkeys uncle .... and I have no nieces or nephews so that's not possible). If he wants to achieve his 50% reduction in greenhouse gases by 2030 then the uranium boom should be upon us today -right now - even yesterday is too late to achieve his goal (!) but who would believe anything that guy mouths after being told what to say by his handlers .
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(20min delay)