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Destinator

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Destinator

Re: None

Tuesday, 04/07/2020 10:14:33 AM

Tuesday, April 07, 2020 10:14:33 AM

Post# of 1533
Uranium SPOT reacts to mine closures.

Spot Price Rising

Just how much Uranium do operators think they can get out of the SPOT market. SPOT does not produce Uranium. Exploration companies find it and producers buy the Uranium that Exploration companies find and then they produce it. How low do supplies have to go before investors catch onto the fact that POUNDS IN THE GROUND have tremendous value?

UEX has 100,000,000 lbs in the Athebaska Basin of which over 30,000,000 are pretty easy to access and amenable to In Situ Recovery (ISR).
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