the mines on care and maintenance are so because the cost to mine is way higher than the current uranium price...
I already said there is a election in March... Liberals support uranium. You know this is a spec stock right?? it comes with risks, that’s why the reward is large if it’s correct...
“Investors who know uranium know it’s one of the few industries where a $20m market cap company can reach billions in a short period of time,” said Craig Perry, CEO of Canadian uranium explorer IsoEnergy, in a September interviewwith Investing News Network. “We saw this in 2007 and the conditions that drove that boom are now appearing once again. There’s a lot of money sitting on the sidelines waiting for the impending bull market in uranium equities to emerge.”
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