John Quakes (@quakes99) Tweeted:Yee-Haw! The Spot U-Train is gaining speed this morning over at US #Nuclear fuel brokers '#Uranium Markets'⬆️ rising another 75c to US$43.25 this morning as Buyers now bid last closing price of $42.50 while Sellers have spiked their Asks to minimum $44.00/lb #U3O8. ↗️ https://t.co/A3nSGPmP7q
Mate U price is in a squeeze I think US$50 by end of month. US$100 possible longer term.
Considering VAL is drilling into the richest U deposit areas anywhere on earth I can see this share price smashing through 5c near term. Was very smart to peg out so much land in elephant country while Uranium was out of the lime light. This and 92E are going to do extremely well purely on location. The likes of Cameco will be wanting to add there sorts of reserves once proven to there inventories.
VAL Price at posting:
2.1¢ Sentiment: None Disclosure: Not Held
