TOXIC
Investing in PM stocks and Uranium stocks alike is just plain and simple toxic or to put it differently Sado-Masochistic. What you want to prove to who?
Here is an example of one of the U-stocks I follow: Valore Metals Corp (VO.V) formerly known as Kivaliq Energy Corp (KIV.V). It has Uranium and PM properties in several jurisdictions. Here I present a simplified chart of VO of my studies which did in fact forecasted some sort of crash based on the (here charted) BEAR FLAG. Although the HALFWAY pattern has been met and the low could be in (for just this company) … I have an alternative low coming in due TIME for not only VO.V but other U-stocks as well. All I can say … be patient unless you are a SADO.
This chart proves just How Sado-Masochistic investing in U and/or PM-stocks is!
IMO.DYODD.
Good Point NG
I have been in stocks like that.
I hope I have learned my lesson
It’s a hard lesson because these sectors are so seductive for some reason
Thanks for the reminder
Rather buy a stock like CCJ. Who do you think big money buys once Uranium really gets rolling? Rather buy a lottery ticket than this kind of crap. Lose the money quicker less pain.