If there's a supply deficit how come Sprott's Uranium fund has managed to 'stack' 850,000 lbs of the stuff in one hit a week ago?
It bought 1.4 million pounds the week before that, and has a total of 26,000,000 lbs.
In addition nuclear companies tend to enter into long term agreements for their supply, not go out looking for some they'll need next week. There has never been a shortage of uranium.
I've heard it all before .....in 2007.
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