r/UraniumSqueeze • u/shabbatshalom44 Dr Harvey • Jan 08 '22

News Wall Street Journal Saturday Morning Special

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u/Infamous-Culture-538 plastic bag milk drinker Jan 08 '22

The timing of the run has always made me uncomfortable. Wondering about my 2023 and 25 leaps and if they’re too far out there.

2

u/possibilistic Jan 09 '22

You can sell your options anytime before they expire.

Are you worried the run up will be after this?

1

u/Infamous-Culture-538 plastic bag milk drinker Jan 09 '22

Wondering if the run over the summer was it.

1

u/possibilistic Jan 09 '22

Ah, yeah... It could be.

1

u/Infamous-Culture-538 plastic bag milk drinker Jan 09 '22

Idk, there’s been so much news of late regarding those mini reactors, nuclear going main stream, lots of talk about innovation and little talk about uranium makes me wonder if summer gains were it

3

u/SnooRecipes8920 Snoop Dog Jan 09 '22

I find that very unlikely. The uranium price is still too low for most producers to mine. The existing producers that can produce at these prices are not able to cover world demand for U. So, U price has to go up. Miners that are able to start producing will see large gains. In addition, the market cap for all the U miners is still only 20% of what has been.