You should listen to some of Mike Alkin's podcasts - he often...

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ura_bull

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26/01/19

08:21

Post #: 37231433
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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

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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.

PDN Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last $8.30		Change -0.010(0.12%)		Mkt cap ! $2.955B

Open	High	Low	Value	Volume
$8.21	$8.35	$8.16	$19.73M	2.389M

Buyers (Bids)

No.	Vol.	Price($)
1	9	$8.21

Sellers (Offers)

Price($)	Vol.	No.
$8.30	2693	3

View Market Depth

No.	Vol.	Price($)
10	433612	0.140
15	580980	0.135
12	228160	0.130
10	690000	0.125
12	234104	0.120

Price($)	Vol.	No.
0.145	466113	7
0.150	442890	9
0.155	357490	7
0.160	249999	9
0.165	881568	19

Last trade - 16.10pm 26/11/2024 (20 minute delay)

PDN (ASX) Chart

You should listen to some of Mike Alkin's podcasts - he often...

Top Stories

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

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