Loading ...Energy Fuels UUUU at 30% discount after market
…due to placing at $1.80. Rick Rule thinks uranium may have up to another year or so to go before a final bottom, while beginning to accumulate at good prices now. I think the risk/reward must be reasonable on this (one of Graddhy’s picks) at under $1.80 in current after market trade. What do you guys think… Graddhy, others?
http://www.energyfuels.com/uncategorized/energy-fuels-announces-us10-0-million-bought-deal-offering-units/
If it were to open near $1.80 tomorrow, could be a potential double bottom.
Not the best timing with that financing looking at the magnificent symmetrical triangle on the weekly, which should have been its long term reversal formation. Let´s see what happens today. Maybe we get a quick drop and then an around the apex move instead.
I think EFR and DML are the best and “safest” bets at this point.
Also think Zadar, Skyharbour, Azarga and Kivalliq are worth looking at.
Graddhy, thanks for your thoughts on this and for putting this sector on the horizon for some of us. Good to have your assessment of Dennison and Energy fuels – got in on the former in August and on Energy Fuels in after market yesterday – both very small positions for now.