Current prices of all U3O8 stocks are undergoing a necessary and...

Current prices of all U3O8 stocks are undergoing a necessary and healthy correction after a parabolic blue sky rise.

Thinking longer term, l see no reason to buy back stock sold at higher prices. A week or 2 of soft prices will not have come close to flushing out the weak hands or non believers.

More to the point, a week or 2 in a secular cycle is just the blink of an eye.

l am re-assessing my return to accumulating, more based on time than price.

I will be happier if in another 2 to 3 weeks prices have drifted lower though l expect FOMO is a powerful impulse for impatient and anxious buyers. Who knows.

Most here shoukd be holding multi bag returns and while the excitement of gains may be temporarily trumped by remorse from falling prices for those that took no profits, l remain a 3 to 5 year bull.

Prices should rise again later this year, Although l am not sure what will be the catalyst of a rerating already fully priced stocks for this stage of the cycle.

I am loving the precious metals slump in reaction to the "delayed interest rate fall" currently circling markets. For a number of reasons, l think they will come, possibly for all the wrong reasons.

GLTASH