Just think about what J Borshoff said that only 25+ new uranium mines needed by 2020 for the world. Doesn’t it imply that the present 1000+ listed U-players will have to push the U price down to such an extent that it would kill almost all of themselves? Any difference to saying that the long-tern U-price will be US$35/lb?
I don’t like to talk about personal matters in this forum, but frankly I don’t think you are smarter than Goblin. At least he shorted PDN when it was ~$10/share, but if you had kept long since, you would have lost a lot. If both of you are keeping your present positions further, I bet more of your money will soon change hands to his.
Watch out and good luck!
PDN Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)