BMN 1.27% $3.10 bannerman energy ltd

BMN is going to bounce back on Monday for sure. I am still...

  1. 3,731 Posts.
    BMN is going to bounce back on Monday for sure. I am still believe he full recovery has to be well in Sept after the DOE uranium in UF6 sell completed.

    The active price and future contract movement on NYMEX is coincident with the closing days of DOE UF6 sell.

    I would not be surprised if the sells price is actually much higher than the equ. of the future U3O8 price on NYMEX.

    Someone just want people to bid as low as possible, like some of the down ramper here and there on Hotcopper. So they can get the UF6 at cheap price.

    As soon as they have got it, they will do the dirty bump and ramp for you and me.

    Lost small betting money on NYMEX could benefit them substantially from the UF6 sell.
 
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