AGE 3.33% 4.4¢ alligator energy limited

Uranium price started to Boom, page-1950

  1. 1,667 Posts.
    lightbulb Created with Sketch. 239
    general reading..
    couple of quick takeouts below..

    The generally accepted number is $60 a pound is what it takes for some uranium production to come back online and for people to get interested in looking for uranium again. So I think this physical uranium trust will buy uranium up to $60 a pound over time. And the market's often overshoot that. So could you see uranium at $100 a pound? 

    "When you get a speculative market, you're going to have pullbacks of 30%-40% in the equities & probably the uranium price. But, I absolutely think we could see uranium past $100/lb on speculation, which would make all of these prices today seem cheap."

    https://resourcestockdigest.com/archives/market-commentary/why-contrarian-investor-jeff-phillips-is-buying-uranium-stocks-now/?s=08
    Last edited by DGcruzing: 01/10/21
 
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