This is a simple enough supply/demand trade.
Russia contributes ~20% of US uranium supply. They just started counter-sanctions against Boeing with titanium supplies. Now there are rumblings they’re going to move against our nuclear industry.
#Russia in Review, April 6-13, 2018 – State Duma has proposed a broad range of potential retaliatory moves against new U.S. #sanctions, including suspending Russian #uranium supplies which meet around 20 percent of U.S. #nuclear needs. ?? #U3O8
https://t.co/LNFihBnUOl pic.twitter.com/zmkKn1vfxk— John Quakes (@quakes99) April 14, 2018
#Cameco has shut down world's largest #uranium mine for 10+ months. ? Not only cutting production but also drawing down held #U3O8 inventories ??to meet 2018 commitments of 32-33M lbs, reducing ability to respond to unexpected global "Black Swan" #nuclear fuel supply events.? pic.twitter.com/sGOYs8cT2S
— John Quakes (@quakes99) April 11, 2018
The price is moving sharply higher today, in a space that has been left for dead.
If you recall, I made a small fortune playing UEC a few years ago. Well I am back in the stock, hoping US supply gets choked off, leaving me with extreme profits on the upswing of U308.
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Oh no that sucks. Hopefully this doesn’t cause any trouble for the Clintons.
I’m probably still underwater, even after this move. But I ain’t looking at my positions too closely until $URA hits $30.
Soooo freaking bullish on Uranium.
The worldwide production of uranium in 2015 amounted to 60,496 tons. Kazakhstan, Canada, and Australia are the top three producers and together account for 70% of world uranium production.
Check out UUUU……
Ha. Canada, ha
URANIUM ONE
I honestly thought you were betting on nuclear war the first time you bought UEC
Retarded. Hahaha
Regards
Chuck Bennett
hyperbole you low IQ miscreant
…this is why people no longer visit Father Fly’s confessional.
How do you respond when you’re already accused of attacking the UK with chemical weapons? A few sanctions?
Gosh, I guess he’s back in line ..we showed him.
Let’s go to the movies.
HMNY. Anyone?
Regards
Chuck Bennett
Can the movies deliver to my house? Last time I went it was kids acting like fools, cell phones making noise and light noise, then retards throwing shit at the screen.
Does everyone feel safer today after bombing Syria? I thought for sure we would not have homeless people and sick people that don’t get adequate medical care or people on welfare today since we have all of this rich as fuck spare money to lob 150 million dollars worth of shit at some ruins in a 3rd world country.
Going solo to the theatre has its perks for sure.
Regards
Chuck Bennett
Clearly it must be a false flag op to cover how Trump is Putin’s puppet, right frog, traderconfessions, etc.
I mean c’mon. This is blatant Trump Russia collusion! IMPEACH NOW BEFORE RUSSIA DECLARES WW3!!!
go to hell
Crystal meth is a wonderful drug. Right Moonshot?!