It is good to see that there are still strong believers in the uranium energy. Being it shareholders or members of various uranium support bodies. I am still hopeful but my faith is turning into longer term view. I personally doubt that the outcome of NFWG report may have such an impact as some PENbelievers predicting. I hope I am wrong!
Is there a reason to be optimistic for uranium price recovery at this stage? On the large picture the price of uranium stocks and the uranium spot price are flat at best if not going south. Is positive NFWG report enough to turn things around globally in a big way? We will see. One day! As I have suspected in the past the deadlines do not mean much.
PEN Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held
