THE CROP DUSTERS

[pinarello]

Another hype today are uranium stocks. These company’s are jumping in to the uranium hype as of today because they are HOT.
Not one day passes or there is some kind of company that announces they have uranium claims.
When they announce that, stock temporarily soars, but when people start to think and do research on how much uranium is needed to be profitable the price tanks and they get home from a cold trip. 1 out of 10000 claims are profitable and actually goes in production, do you have that lotto ticket?
Most of them company’s disappear without a trace or give the claims up. But they can hold on that shareholders for years.

So people, Claims are just what they are CLAIMS they have no value till (here we go “proven” reserves) and even then must be calculated if they are profitable to go get the uranium.