EL8 1.98% 51.5¢ elevate uranium ltd

Yeah MEY seems a little ignored and abandoned lately but I'm...

  1. Zia
    4,155 Posts.
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    Yeah MEY seems a little ignored and abandoned lately but I'm still looking at the longer term picture Heisenberg, I really think nuclear is on the cusp of a new era as it really is the only emission free source of baseload power outside of hydro. But yes I know what you mean, it could be a longer term play. On the flip side, markets are forward looking though and I think we've seen enough about the flows of capital coming into uranium ETFs that the market is recognising nuclear's role in the clean energy mix moving forward. I remember someone on Twitter who said they were there for the last uranium bull market and said it was characterised by dizzying pushes up and then long drawn out consolidations. We see the historical graphs of the big rises but they are over the span of years so patience is definitely a virtue when it comes to uranium.

    Always good to diversify but I only invest in what I understand so apart from 1 gold play that I got into years ago, I'm all in on uranium.
 
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