Hi Red No new news just think with supply cuts , contracts...

Hi Red
No new news just think with supply cuts , contracts ending, excess stock piles being drawn down. Institutional investors are buying up at low prices. When the public see prices rapidly rising the greed factor will take stocks higher again.
I think that 2018 will see a definite floor set. Also the spot price bears little relevance. As we all know contract price is where its at. When contracts start again utilities will lock in at any price just to maintain supply. As we know price per pound is only a tiny factor for Reactor operation.
Funny thing is Power Companies seem to lock up long contracts when prices are over the top and let the cupboard run bare when prices are cheap. Historical fact.
I can see 2018 as a year of less production less over supply higher demand . Maybe a realisation buy utilities they the days of cheap supply are numbered coz no mine makes money now and they are shutting shop.
As for TOE they are keeping the gear underground. Exactly where I want it for the time being.
Time frame still 5 year maybe 10
But also could be 2/3 if panic and greed set in. Im going for panic and greed.
Just my opnions , just putting them out for debate