coming uranium supply deficit, page-2

Binbin posted something relating to supply vs demand last year on 16 Sept that everyone should read. Post # 7186502.

The belief that there will be a massive U308 price spike around the time PEN starts producing is the kind of pie in the sky that marketers use (I know, I am a marketer!).

If you're hanging in for this event the likelihood is disappointment awaits.

If you're hanging in because you believe that over the next 10yrs the worlds energy needs balanced against the carbon emissions targets will more than likely propel the U308 price to a 2-3x multiple of current value, and investing in juniors provides the greatest value adding potential, THEN you will in all likelihood be a happy camper in due course.

If your investment horizon is much shorter than that, then you could choose worse penny stocks to trade!

All for my entertainment only.....