Just watching price creep up here. Wonder if it will hit 27 this week. That’s actually under 5% from now which for the POU is nothing.
IMO this is it, we either break out this week or we face correction back to the mean and then...????
Time for prices to make a statement. I’m taking it that yellow cakes 8.1mlb buy at 21 was the low. At least for spot prices. Most u producing companies have locked in contracts, which are also hard to dissect because of their secret terms and conditions.
We are at $26 POU right now. Watch that 26.50 give way to $28.25 and then we are at the U gods mercy...
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- uranium: like gol was 10 years ago
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