I just managed to get around to checking the weekly U308 numbers. The price recovery continues, germs.
Spot prices are up another 1%+ this week, now nearing the $45 /lb price. Long term prices remain pegged at $60.
This is your last warning. All who oppose uranium are about to be offered up for slaughter. Your weregild is cheap, and CCJ will offer no quarter.
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May add tomorrow if tax loss selling serves us a dip on CCO.tsx. Pretty deep in this already though.
LDP has indicated one their first orders of biz is to re-start Japan reactors. I think China has 10 or 11 reactors in operation now and 25 under construction (shovels in ground). CCO just complete purchase of some Aus Uranium property from BHP – the China play for them I think.
DNN is dirt cheap
Tomorrow may be an opportunity to pick up some CCJ on the cheap…
URRE prints $1
Yeah, on a technicality. They’re running a reverse split until they get to the $1 mark.
It’s not like the stock is about to rally 300%.