Great to hear a contrarian angle on Uranium. The question is can supply be met ? I don’t think it possibly can due to long lead times in developing new mines. My guess $150 per pound this side of Christmas 👍
That's the point. Even if prices go through the roof it takes years to bring online greenfield projects. Prices like that are only the incentive to start. I'd like to see when a utility won't be able to sign a long term contract because everything that's available is under contract and they have to come to the spot market That's the point when panic comes in
Also...he's not the only old person around. Also, we have these things called books. You read about the past...you learn what happened in the 50's, 20's, 1800's, 1500's. Warren is crazy smart. I just don't know why he needs to constantly tell everyone he was attacked and he was right. I don't give 2 poops what anyone thinks about anything I say or do. My brokerage balance tells me if I'm right, then I live good...which is best revenge! 8-)
I love learning Warren’s point of view. The reason people don’t like him is not what he says it’s how he says it. He come across as a arrogant prick. He could use some self awareness 😂
I love Warren but he's talking BS...OK, lots of U everywhere....a billion here a billion there. It's going to take 10+ years to ok a mine that size...then another 2+ years to build even if open pit. Low grade, how low? If low grade how much to pull out? I WANT to believe him but the facts don't match up. Maybe he's a bit ticked off he pulled out of NG at $6 and it went to $12? I do agree with him on Gold.
Great to hear a contrarian angle on Uranium. The question is can supply be met ? I don’t think it possibly can due to long lead times in developing new mines. My guess $150 per pound this side of Christmas 👍
That's the point. Even if prices go through the roof it takes years to bring online greenfield projects. Prices like that are only the incentive to start. I'd like to see when a utility won't be able to sign a long term contract because everything that's available is under contract and they have to come to the spot market
That's the point when panic comes in
Tells it like he sees it !
Also...he's not the only old person around. Also, we have these things called books. You read about the past...you learn what happened in the 50's, 20's, 1800's, 1500's. Warren is crazy smart. I just don't know why he needs to constantly tell everyone he was attacked and he was right. I don't give 2 poops what anyone thinks about anything I say or do. My brokerage balance tells me if I'm right, then I live good...which is best revenge! 8-)
Wow, some point of view on Uranium, huh.
I love learning Warren’s point of view. The reason people don’t like him is not what he says it’s how he says it. He come across as a arrogant prick. He could use some self awareness 😂
I love Warren but he's talking BS...OK, lots of U everywhere....a billion here a billion there. It's going to take 10+ years to ok a mine that size...then another 2+ years to build even if open pit. Low grade, how low? If low grade how much to pull out?
I WANT to believe him but the facts don't match up. Maybe he's a bit ticked off he pulled out of NG at $6 and it went to $12?
I do agree with him on Gold.
Warren has a proven track record
he's bs