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Anyone else interested in the uranium sector? I'm talking Global X Uranium Miners ETF: $URA. Long-term, the prospects are good, with Japan restarting its reactors and China building a fuck-ton of them. Short-term, though, the bear market has been brutal.
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>>2035866
Uranium is fricken sweet
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Limited resource, 30 maybe 40 years.
Thorium will come up the back end, most Westinghouse and GE reactors can be retrofit.
Failing that, parlay with Graphite for pebble reactors.
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Cameco, next dip.
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>>2035866
Can't hold etf for more than 3/4 days. It is built to deflate. Be carefull with them
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I watched uranium abit. very expensive to start up
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>>2035866
Its amazing how the oldest and most enduring of scams, literally 100s if not 1000s of years, is the mining company scam and it works right up the the present day.
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