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Thread: Uranium - what do we think?

  1. #1

    Default Uranium - what do we think?

    Looks like it is another 'get rid of it' industry, that one should buy when everyone else is selling...I played CCJ for a 15% gain but want to go long term on a couple highly leveraged Uranium stocks, just difficult to find who is doing what. Any ideas?

  2. #2

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    I have been tinkering with the idea of Uranium but there is not much upside to it.

    You could 2x or 3x your investment but you would have to find the right company and the sector has been flat for some time.

    But there are a lot people that are saying it is back on the rise so you could get lucky on a long position. Just don't expect to get rich quick.

    Only invest what you can afford to lose and accept the fact your money may not do much for a while.

    Let me know how you get on with your research.

  3. #3

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    Uranium stackers . . . is that a thing?
    If you don't hold it, you don't own it. No wait.
    No his mind is not for rent
    To any god or government
    Always hopeful, yet discontent
    He knows changes aren't permanent
    But change is

  4. #4

    Default

    Quote Originally Posted by The Sage View Post
    Uranium stackers . . . is that a thing?
    If you don't hold it, you don't own it. No wait.
    first get a lead lined container....stack away....YMMV
    Thomas Jefferson is credited with writing, “When injustice becomes law, resistance becomes duty.” The seceding states in the Civil War period issued a similar declaration using the word “tyranny” as opposed to “injustice.”

  5. #5
    Join Date
    Apr 2014
    Posts
    31

    Default

    Both UEC and UUUU are on an upward swing the past few days.

  6. #6
    Join Date
    Jan 2017
    Posts
    4,129

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    There are supplies difficulties because of mine closures in Canada, Australia, and Kazahstan.

    Price of Uranium was 24 $/lb in March 2020 and 32.50 $/lb in April 2020.

    There are 55 nuclear reactors under construction around the globe. In the future,
    China plans 168 nuclear reactors.

    https://www.thestreet.com/investing/...futurescovid19

  7. #7
    Join Date
    Sep 2020
    Posts
    1

    Default

    interesting question

  8. #8

    Default

    Just don't buy any depleted uranium.
    American Legion Preamble: https://www.legion.org/preamble

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