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Gold/Mining/Energy : What is Thorium
LTBR 24.41+2.6%Oct 28 3:59 PM EDT
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To: Yorikke who wrote (881)11/16/2019 11:12:15 AM
From: Yorikke   of 908
 
Right now the opportunities are in actual Uranium and not in the technologies being pursued by Lightbridge. We are hitting a major shortage in the supply of yellow-cake. The cyclical nature of the supply chain in supplying the material, is now running up against the increasingly likelihood of rapidly rising demand. The steep nature of both curves in the coming years will bring on much higher prices. Secondary sources of supply along the production supply chain have begun to rapidly deplete. End user reserves are under pressure. Required minimum stock piles in nations and individual plants are being approached.

Whatever lightbridge does it is years away. Whatever happens to Cameco's stock price is months away.

Seth has had years and the only thing he has mined is investors pockets. One of these days he will be forced to sell the technology to somebody else. The company is just not capable of ordering its operations to reflect its situation. Too many of the leaders, though competent in their fields. have spent too much time in D.C. they don't know what is going on in the world, and have created their own 'we deserve' kind of fraternity.

The technology will get a good showing and goose perhaps as the supply and demand situations push the interest in alternative core technologies.....but the money is else where. Be very wary of Seth and his need to suck the blood of Shareholders. Don't be one. Sit back, let this bastard ruin the company, follow where the technology is sold off to and lock in the gain in a few years (at the very earliest).
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