Originally posted by Linzy
Kenso, I hear what you're saying and our logic would tell us, that demand will (or at the very least should) outstrip supply.
As a solid proponent of uranium, I've held uranium stocks for a long, longtime now. I've seen the rise, fall and the muddle uranium stocks are in now, over this time.
Take look back over the similar stories, over the past 5 years, it's the same, same, the only thing that's changed in your post, is the number of plants requiring product, that has increased, albeit dramatically.
I then have to ask the question, where have these plants got there start up and running stock from? Certainly not from, any of the several uranium companies I hold stocks in, including PDN.
This is supported by there low profits, plants on care and maintenance and low share prices. Along with a very low uranium price.
Take a look at a graph, the price hasn't increased significantly, certainly not as reported it would.
I continue to hold uranium stocks and will build share numbers at the appropriate time.
Interesting times ahead.
Enjoy your weekend.
DYOR
You should listen to some of Mike Alkin's podcasts - he often covers the bear case for uranium and outlines why people got it wrong in the past and why all those bearish factors are now pretty much depleted.
The next couple of years should start to see U holders rewarded for their patience.
