Replies to post #895 on Uranium Energy Corp (UEC)

[crudeoil24]

You may be spot on with your analysis. UEC

[tpecj]

Good post, but uncovered demand has been drastically reduced by cantor, utilities have moved to shorter contracting cycles due to filling of needs in the spot market, and remember cameco's shut down is temporary and mine could be restarted if prices recover, cigar lake was flooded and couldn't be restarted even though spot rose over $100lb, there's a difference, not quite supply destruction, but some good news nonetheless, this could be a sugar high for the spot price, but i hope not