A Focus On Uranium and Uranium Stocks

January 10, 2018

On the back of a couple requests for Doc’s comments on the Uranium sector here we go. We look at the URA chart as well as Uranium Energy Corp, UEC. With the complete washout in uranium stocks over the the past few years when this sector turns there are only a few companies left to invest it. We also follow up on the comments made earlier today by David Erfle regarding his bullish stance for the precious metals.

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    Jan 10, 2018 10:58 PM

    Any thoughts on (WUC) Western Uranium Doc?
    It hasn’t participated at all in the recent bounce in the sector; it’s hanging around an all time low between .79c & .84c this week.

    Jan 11, 2018 11:26 AM

    Thanks Cory and Doc.
    On UEC chart, there’s a gap at $1.15. Does this concern you? Do you think stock will retrace all the back to low 1’s?

      Jan 11, 2018 11:30 AM

      Cali, good observation. If pricing breaks 1.45 I would say yes—I believe the odds of that happening are pretty good.