Financial market analysts are saying the u price hike is only caused by u funds buying up not by utilities. At some point the funds will have to stop buying and the u price will crash. Since the utilities have plenty of uranium in reserve atm they can afford to wait until the u price has stabilised before negotiating long term contracts with miners. But how long will that take and how long can you afford to wait ? In essence atm the u price is a 3 way game of blind mans bluff between u funds, u miners and utilities. Who are you going to back.?
PDN Price at posting:
$1.03 Sentiment: Sell Disclosure: Not Held
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