This isn't financial advice but there is now a whale in the Uranium market with vicious intent to raise the spot price above $70/lb so the mines they have interest in can start back up. For decades mine operators have been paying through the nose to keep mines in "care and maintenance" mode and functional miners have been selling at a loss. We know Sprott is targeting a spot price above $70 but not how far it will actually go. The movement you have seen in Uranium miners and speccies is due to a $10 change, from $32 up to $42. It cost Sprott $300m to move the needle this far, they now have a limit of $1.3B and will recommence buying soon. Whether you buy or not is up to you but please look into Uranium squeeze and see the true disruption that is occurring and will be happening for a long time.
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