anthony - the problem with URA is it includes a whole bunch of explorers.
They wont have the same relationship characteristics as companies that actually can make money immediately from changes to uranium price.
pdn at this point has outperformed the spot price. intrad day low of 23c to current 42c.
uranium has gone 28 -45.
pdn should outperform once uranium contract prices start getting into the 50s.
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