WMT western metals limited

uranium futures, page-11

  1. 1,182 Posts.
    I ustand the conflict of interest, but tehre are independant agencies doing studies and
    reports. Regards to conflict of interest, you have the likes of Mac Bank, UBS, JB etc...
    They can get away with a few stuff ups. Dont forget many people buy on their advice
    and many follow them. They cant come up with stuff - if they do they will be bad mouthed.
    I accept the supply will increase, the problem here (which even u mention) is the time
    frame. These things can not be mined in days. With regards to demand, lots of countries
    dont have reactors, the ones that have them - plan to increase and others will follow
    sooner of later.
    There is no question there is a correction in the U market and currently the entire market.
    The fundamentals of many companies are unchanged. U falling to 30 USD is a distant....
    I am not sayin the supply will not match demand, but for the time being we definitely
    have a problem re demand supply.
 
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