Uranium Energy Corp. (UEC) Social Stream
Featured Post From StockTwits About UEC
$UUUU $DNN $NXE $UEC $URNMpiecesofeightsailorslife, published April 9, 2021
The denizens they take me under
To claim me as their own
As the light fades above me
I realize that I'm never going home
And the chaplain is content to dance
The sea begins to boil
Tie myself to the mast
What Else are UEC Traders Talking About?
Other Notable StockTweets About UEC
Mega uranium is in my opinion a turbo on Nexgen.
The NAV of Mega uranium today:
The value of Nexgen Energy, Toro Energy Limited, Uranium Royalty corp and International Consolidated Uranium and taking into account the existing liabilities today, while giving a zero value at their 3 uranium projects in Australia, gives me a 0,34CAD net asset value for Mega Uranium today
0,34 CAD compared the stock price today of 0,215 CAD.
URNM and HURA have a Mega Uranium position.
A lot upside potential!
$CCJ $NXE $UEC $URCCF
$UEC Historical Patter occurred twice where Uranium Prices went to $140 per pound.
This time is unique since neither time a current production deficit was prevalent (currently 50 million pounds+), coupled with the aggressive nature of the miners and wholesalers purchasing physical inventory in total 13+million pounds (and growing) with a market that only trades 60 million pounds.
Why is this important, if the mid market players or Nuclear Power Plants attempt to short the spot market to drive prices down for negotiations (26% US contracts up for renewal in next 20 months) they run the risk that the Mining companies being on the other side of the trade will demand the physical delivery?
My calculations is the price is in elastic upwards of $400 pounds, meaning that the end US consumer will not pay anymore for electricity? Why, 1 pallet of Uranium (333 in a pound) at a cost of $.12 vs 600 MCF at a cost of $1,600 generates the same electricity?
$UEC clearly some people here don’t understand the concept of supply and demand. Purchasing U on the spot market ( UEC, DNN, CCJ, Kazaprom etc... ) removes surplus and puts it in the hands of those that will hold it for higher prices ( for a profit down the road in the very near future ) while creating higher prices in the spot market. There are ETFs whose whole business model is built around this.
UEC, buy more if you have the money! CCJ and Kazaprom are also doing it along with ETFs. All of this is going to drive the spot price well above $40 soon.
for all of those that don’t believe , please go and short this stock along with DNN and LEU.