If you were to be correct, and whilst I disagree, my opinion is nothing in the grand scheme of things, then does this mean that the uranium supply meets demand problems are all over, or................do you think this is done in an effort to try to control prices.
Personally, I think the latter, it has happen with zinc, copper gold etc etc etc, why should uranium be any different.
Look if this were possible of being correct, your estimate of price that is, then, isnt that then the best time to pick a bargain, I for one, in the few years I have been trading finally found myself in a position to take advantage of the correction. You dont see the top 20 holders of any stock panic running around selling there shares in the likelihood of a temporary downturn of the market.
You can choose to be there for the long term and hence sit out the low or trade. But doom and gloom is not the order of the day in my opinion. Like it or not, the world uses more minable resources than it can produce. And this will never ever get better because minerals and metals are not reproduced as quickly as humans both reproduce and consume.
Its the way of the world
Have a good day all share holders of any stock, I wish everyone well
Harlee
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