@wmthomson22 Why open a domestic copper mine?
Because your project includes mostly oxide mineralization, which can be processed without the need for a smelter. 😉
@SupercycleCptl I hear you, however I won't be selling when some technical indicators signal heat. Because when the final vertical move happens you might be sitting on the sidelines.
@rekurencja@PraiseKek I think it will be possible to make money from the stock speculators perspective in explorCos at the end of the cycle, if the supply situation becomes mainstream
and everyone and their dog will be searching for the next Rock-like deposit.. valuations won't matter. Wrong?
@silverguru22@Charlotte_McL@YouTube The green graph is misleading. On a first glance it looks like they are running out of stock. However the lower range does not mark 0. Also the time axis is relatively short. It's a ~10% fall in stock.. certainly not a critical situation
@Hitthebidsayuhh They communicated the CEO departure really bad and they didn't communicated at all why they are struggling to reach extraction targets. Also contracting 50% of their production upfront for financial security achieving exactly the opposite. My expectations are not exceeded
For the second step, here are a few signs I am looking for.
▪︎Signifcant contracting by utilities en masse
▪︎Funds and investors plowing back in at the highs
•A #uranium spot price running up ($150+)
•Uranium and nuclear dominating the financial headlines