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Short Term Trading Week Starting: 23 Jul, page-167

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pmd3nka

3,749 Posts.

22

27/07/18

12:54

Post #: 34593766
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Originally posted by Malaga ↑

Forgive me for being cynical. But the Uranium shares go on a tear which is great. BUT a tier one producer mothballed their plant because they could not make money, so 11% of supply gone. So if an existing producer cannot make money sure other existing producers can get a lift, but how is an explorer going to get up and running. If the price rises then they switch supply back on. Take the money and run for now. Good call Speck and others.

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G'Day Malaga,
Well PEN is about to become a producer (again) with its low pH modifications. For people interested in Canadian stocks, URE is a low cost producer, with mine in the US, I believe.

pmd3nka (holds PEN, URE)

Last edited by pmd3nka: 27/07/18

XAO Value at posting: 6,391.3
3 Upvote

0 Great analysis

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