RE: On sale30 Jun 2021 14:49
The whole sector is down and GCL's largest holding, NXE is at it probable lows. Stochastics are at the lows from where significant rises occurred over the last few months at the end of month rise in the sector's share prices is nearly upon us. Note how Sprott 's listing on the US market will taken place over the next few weeks and the uranium spot price is likely to rise with buying pressure from producers, uranium funds, hedge funds , junior developers and finally the utilities entering the contracting cycle in the third and/or fourth quarter.
I'm not saying there will not be a longer hiatus at some point for a longer consolidation and perhaps wider a correction in the main markers but l doubt this will happen now.