I have a query/ thoughts.. in an sector I'm not that familiar with. I understand this latest surge in Uranium spot has been on the back of Sprott buying up limited supply. How sustainable is this, and does it represent an a somewhat artificial inflation of the spot price. Or will the long-term demand driver's step in to support current and future price rises.
Making decisions to open previously unviable mines on the back of short term price pressure would seem careless. I haven't looked into exactly what Sprott are up to.. keen to hear input from others do have their head around the U market.
- Forums
- ASX - Short Term Trading
- Short Term Trading Weekend Lounge: 10 - 12 Sept
I have a query/ thoughts.. in an sector I'm not that familiar...
-
- There are more pages in this discussion • 85 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)