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  1. 11,270 Posts.
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    Very surprised about the big overeaction of selling lately, there was a lot of fear initially and many holders panicked and sold out on the war rhetoric. I tried to explain a couple of weeks ago that this would only create a bigger energy crisis and supply and demand issues, even if actual combat didnt eventuate, sanctions, geopolitical effects and torn relations/trading will be affected big time.

    There is no surprise from me that U is heading north in a big way, we had the early warning shot with Kazakhstan a few months ago, now we have the big show. The west and Russia know these crucial uranium regions is what will propel and advance their economies for many years to come. So no surprise it has got to this stage of desperation to hold onto these areas.

    I suspect a few of those holders who panic sold in the last couple of weeks will be looking to re enter in the next few days and beyond, before they miss the boat completely. This is a massive Uranium bull market forming right now.
 
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