But all I'm seeing is Sprott just buying up an illiquid market right now that will be stockpiled. This isn't a fundamental catalyst. This is just manipulating the market. Physical uranium has very expensive hold costs and they can't just sit on this forever. Utilities sign up to the futures market for supply. They don't suddenly need uranium *right now*. They contract for future supply which is easy to forecast.
PDN Price at posting:
$1.09 Sentiment: None Disclosure: Not Held
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