URANIUM 1.02% $24.70 uranium futures

Ever heard of Coal? Natural gas? Renewables require subsidy to...

  1. 42,289 Posts.
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    Ever heard of Coal? Natural gas?

    Renewables require subsidy to make it sustainable.

    Uranium futures falling, Global X U etf falling. Pdn era vmy pen all falling. Dyl BMN are ranging. Not a place to be looking at early birds special.

    If big dog PDN cannot make money then CCO (Cameco) is the one to be observing. Aren't they cost cutting uneconomic production to stop the bleeding of cash then buy on market to satisfy their obligations? When companies resort to these type of tactics, you know the industry is in trouble. Imagine BHP stops production then buy on market to supply their customers.
 
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