I've said this either here or elsewhere but if you are going to...

I've said this either here or elsewhere but if you are going to chart BOE you should be looking at the Sprott spot market instead. Individual companies move as noise around the broader spot market movements. Charting U right now is a bit foolish, when you have a manic squirrel intermittently hoarding Uranium its going to be difficult to have any insight as to future movements. For example, on Monday Sprott purchased 1.2 Million lbs of U3O8, yesterday they purchased just 150K. How can you read the tea leaves when the SP of a company is dragged around by the spot market which itself is disrupted by erratic buying from Sprott? I do appreciate someone who can read charts but I feel as though reading BOE charts alone is extremely short sighted and misses much bigger things happening worldwide. Not only the Sprott influence but the failure of year 9 economics that is the current supply/demand scenario we are sitting in. We were heading into a bull market due to lack of worldwide supply well before Sprott came along, they are just making the flywheel turn faster.