Boss is a long term fundamentally potentially high quality company at the beggining of a very potentially long prosperous cash flow journey with no debt, already cashed up and assets in very favourable jurisdictions (Australia + US) with the potential to expand operations...why trade it?
U sector stocks that are closely tied to the U cycle like Lotus or Silex can be traded but as a long term investment Boss isn't just a Uranium stocks. It's a quality producer and overall commodity business that is a good business to own.
The spot price trickling up as it is now, the positive sentiment around the US and pretty much most countries besides Australia all look like a turn in the U sector...
So this may counter any pattern of what happened the last 2 cycles may happen this time around.
The sector is changing...as long as the spot price goes up, utility contracts keep signing, Boss keeps producing low cost Uranium and the potential of an entire Sectoe under a short squeeze...next few months could be the start of a another strong cycle.
BOE Price at posting:
$3.99 Sentiment: Buy Disclosure: Held
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