US Uranium Juniors Getting Hammered Today….

1. Simon says:

   July 12, 2019 - 1:50 pm at 1:50 pm

   13:34
   UUUU Energy Fuels says unaware of any decision by the White House with respect to the Department of Commerce investigation into the effects of uranium imports on U.S. national security (1.92 -1.12)

   “Several news reports are providing conflicting information regarding a decision by the President on the uranium Section 232 Petition. As of this morning, we have not been informed by the White House or the DOC that a decision has been made. Once a decision is made public by the Administration, we will convey the information via a joint press release. The investigation was initiated on the basis of a petition by Ur-Energy and Energy Fuels. DOC submitted the report on its investigation to the White House on April 14, 2019. The statutory 90-day deadline for the President’s decision runs to July 13, 2019.”

2. Olyeller says:

   July 12, 2019 - 1:52 pm at 1:52 pm

   The market sez otherwise with UUUU, URG, and UEC down over 35% on huge volume.

   • Simon says:

     July 12, 2019 - 2:00 pm at 2:00 pm

     No disagreement from me – fortunately, I was only holding UUUU, and a small position at that, because I don’t trust binary situations, and in particular ones involving Trump. I dumped my UUUU this morning when it was down 25%, so all things considered, it could have been worse.