I'd like to think you're right but as soon as the US looked shaky a few weeks ago, Uranium equities got hit hard. Made me doubt a little..
Uranium prices will continue to go up I agree with that, but I'm just talking equities here. Will they all rise as one like we thought, or is it only going to be the guaranteed producers who see the benefits because of a likely recession?
Unstable market conditions present more risks and questions - after all, it's probably one of the main reasons Uranium equity prices have stayed disconnected from the rapidly rising spot price.
However the long they are kept below water, the quicker and more violent the rise should be. Just remains to be seen when that will be.
PDN Price at posting:
16.8¢ Sentiment: Hold Disclosure: Held
