So you think it could go lower than $20 US/lb again? I say sure...

So you think it could go lower than $20 US/lb again? I say sure it is possible in the short to medium term. If you want good short term gains without any risk then invest in X and let me know what X is. In the short to medium term I think it is far more likely to see gains than stagnant or falling uranium price given supply corrections late 2017. Long term I think U is almost certain to to go to $45+ because if it doesnt then all uranium mining will end permanently as it will not be worth mining and hundreds of billions invested in power plants will have been wasted money.

I am looking at uranium as a good long term oil and gas hedge so this is currently a good entry point for me when no other bugger wants to touch it.