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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (72425)	2/25/2023 7:24:00 PM
From: FIFO_kid2	2 Recommendations Recommended By E_K_S nicewatch Read Replies (2) \| Respond to of 78667

According to my records the USA consumed 40.2 million lbs of uranium in 2020 and the top 10 users worldwide used 125.84 million lbs. I would say a 61.4 million stash held by the trust is a significant amount. So if they weren't there buying the price of uranium likely would not be as strong. I agree they are in the process of cornering any spare capacity to drive the future price higher when more demand comes online in the future with China contributing to a good portion of the increase. SRUUF is a good selection given its discount to NAV but will require patience and really will be the major viable baseline production for electricity in a totally green economy.