Wednesday, November 12, 2014 10:47:22 AM
By Nick Hodge | Wednesday, November 12th, 2014
I've been pounding the table on uranium for some time now.
Over history, investors who have made the biggest gains have shown time and again that you need to buy when everyone else is selling. You need to buy what everyone else hates. You need to buy what no one else will.
And ever since the earthquake-induced disaster at the Fukushima Daiichi nuclear plant, there have been few admirers of nuclear and uranium, and even fewer buyers.
Indeed, though they had already been sliding from their June 2007 cycle highs near $137 per pound — spurred by the flooding of the Cigar Lake Mine — after the tsunami and subsequent shuttering of all 48 reactors in Japan, the bid simply disappeared from under uranium spot prices.
Ultimately, uranium spot prices fell all the way to $28 per pound this past summer, a level not seen since May 2005.
Uranium prices at these levels are unsustainable. They must go higher.
When they do, uranium stocks will move much higher as well. And the companies with proven deposits boasting high grades and shallow depths will move higher by many multiples.
Recent UEC News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/04/2024 09:02:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/27/2024 09:01:33 PM
- Uranium Energy Corp Files Fiscal 2024 Annual Report • PR Newswire (US) • 09/27/2024 11:30:00 AM
- Uranium Energy Corp Files Fiscal 2024 Annual Report • PR Newswire (Canada) • 09/27/2024 11:30:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/23/2024 09:01:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/23/2024 08:31:17 PM
- Uranium Energy Corp Expands U.S. Production Capacity with Acquisition of Rio Tinto's Sweetwater Plant and Wyoming Uranium Assets • PR Newswire (Canada) • 09/23/2024 10:00:00 AM
- Uranium Energy Corp Expands U.S. Production Capacity with Acquisition of Rio Tinto's Sweetwater Plant and Wyoming Uranium Assets • PR Newswire (US) • 09/23/2024 10:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/12/2024 08:32:05 PM
- Uranium Energy Corp Intersects 11.4% eU3O8 over 2.4 metres at Roughrider North Discovery, 850 meters Northeast of the Roughrider deposit • PR Newswire (Canada) • 09/12/2024 10:30:00 AM
- Uranium Energy Corp Intersects 11.4% eU3O8 over 2.4 metres at Roughrider North Discovery, 850 meters Northeast of the Roughrider deposit • PR Newswire (US) • 09/12/2024 10:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/06/2024 06:38:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/06/2024 05:54:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/03/2024 08:31:20 PM
- Uranium Energy Corp Achieves Leading Uranium Sector Sustainability Ranking • PR Newswire (US) • 09/03/2024 11:00:00 AM
- Uranium Energy Corp Achieves Leading Uranium Sector Sustainability Ranking • PR Newswire (Canada) • 09/03/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/20/2024 08:33:26 PM
- Uranium Energy Corp Intersects 12.7% eU3O8 over 7.2 metres, 850 m northeast of Roughrider Deposit • PR Newswire (US) • 08/20/2024 10:30:00 AM
- Uranium Energy Corp Intersects 12.7% eU3O8 over 7.2 metres, 850 m northeast of Roughrider Deposit • PR Newswire (Canada) • 08/20/2024 10:30:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/13/2024 08:31:43 PM
- Uranium Energy Corp Announces Restart of ISR Uranium Production in Wyoming • PR Newswire (US) • 08/13/2024 10:15:00 AM
- Uranium Energy Corp Announces Restart of ISR Uranium Production in Wyoming • PR Newswire (Canada) • 08/13/2024 10:15:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/09/2024 08:16:21 PM
- Uranium Energy Announces Succession of Chief Financial Officer • PR Newswire (US) • 08/09/2024 11:30:00 AM
- Uranium Energy Announces Succession of Chief Financial Officer • PR Newswire (Canada) • 08/09/2024 11:30:00 AM
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • SMX • Oct 3, 2024 7:00 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM