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  1. #491
    Senior Member Lego_Man's Avatar
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    Feb 2009
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    572

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    Quote Originally Posted by karlos68 View Post
    I've said bottom in prior to a rally previously JT, seen a descending wedge break previously and PEN has bolted, seen it break upper trendline (which it has been touching lower highs) previously and its bolted, I've traded some mean as trades, ...and stuffed up previously and after all this time am down considerably, sometimes mind in good space and all is clear, sometimes too much going on and all is overwhelming......seems much U308 talk from experts/news articles is appreciation of U308 Spot Price is several years away now...all bad news currently, opposite of awesome early 2011 fantastic news..... but, flip, some sort of rally can be expected, how high I don't know............ myself personally am over this sh.t now.

    To be honest i find your comment highly bullish. The day the true believers finally capitulate is the time to buy.

  2. #492
    Advanced Member
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    Jul 2000
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    Masterton, , NZ.
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    2,250

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    Appears so nice finish late in the day up 5c

  3. #493
    Advanced Member
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    Anyone with an idea what caused spike today?

  4. #494
    FEAR n GREED JBmurc's Avatar
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    Sep 2002
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    Central Otago
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    Quote Originally Posted by tim23 View Post
    Anyone with an idea what caused spike today?
    I heard major U308 producer having issues production halted etc >>>
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

  5. #495
    Banned
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    Jun 2014
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    48

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    Quote Originally Posted by tim23 View Post
    Anyone with an idea what caused spike today?
    Announcement from Cameco ceasing production early next year. Is expected to cut 13% from worldwide production.
    Last edited by karlos68; 10-11-2017 at 07:34 AM.

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