The problem I see ahead is a catch 22. Demand comes first or supply? Cameco shut down operations to cut loss making. Should the price improve that supply is there ready to come online. Meanwhile the specs are preserving cash just waiting. The longer the wait the more dilutive the number of shares.
I prefer to focus on other more explosive sectors. Fukushima smashes sentiment politically. This isn’t s bottom trigger in U price.
The problem I see ahead is a catch 22. Demand comes first or...
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