Ann: Hook Lake Project - Exploration Update, page-56

expect Sprott will focus on taking U off the market, they change strategy after the largerst U company said it will stable at least 1 year because there still have enough U in store, not rise the bid, purchasing U at low price, force utilities raise the longterm U price Up due to lack of supply and high demand, this strategy will take time but easier to get squeeze when the utilities realise how much U left in the market and no miners want to open the mine with the low U Spot....
in shorterm U sector will be pullback because of low Spot price but in long term it will squeeze hard like the Gas price but difference is more people want it to squeeze.