SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (44740)6/7/2018 10:06:26 AM
From: Goose94Read Replies (1) | Respond to of 203030
 
Uranium Participation (U-T) five month high



To: Goose94 who wrote (44740)12/31/2018 8:10:36 PM
From: Goose94Read Replies (3) | Respond to of 203030
 
Uranium Participation (U-T) top pick from John Zechner on BNN.ca New Year Eve Dec 31st @ 1300ET

This company is a direct play on Uranium and is currently reflecting a Uranium price of US$26, while the spot market price is $28.00. Contract prices are even higher and the long-term cost to develop new uranium supply is closer to US$60 per pound. Excess global supplies are being reduced and new nuclear facilities are being built globally, especially in China, which means a sustained period of demand growth. Annual global demand is almost double the current annual supply. Prices will get squeezed higher as inventories are run down. We also expect a weaker dollar in 2019 contribute to an overall jump in commodity prices and this is a pure play on the commodity, at a discount, without any of the production and other risks associated with owning the miners directly.