Sep. 19 at 7:36 PM
Sprott Physical Uranium Trust SPUT (U.UN SRUUF) went parabolic today
~2.1 million SPUT unites traded above NAV so far today => at least 38 million USD will be raised today! + the 83 million USD cash they still have at their disposal = much more uranium buying in spotmarket coming
25 min to go
Soon uranium spotprice >80USD/lb
Many larg caps started to react, but several small caps not yet (Forsys Metals, Premier American Uranium, Laramide Resources…)
I expect a big upward pressure on those laggers (FSY, PUR, LAM,…) in coming trading days (maybe at this close already <- cash flows from ETF’s)
$DNN $UEC $UUUU $URA $SRUUF