Jul. 8 at 1:21 PM
$URG
I don’t believe the shelf offering is the primary reason for this decline. The entire sector is down and primed for the next run. Management would not sell into this particular trend imo. There have been insider positions taken recently, and the inclusion to the Russell Micro Cap index has shown an increase in institutional strength as expected. If management wants to take action, they will do so into strength, not weakness. I would agree with you if the U sector was going up while URG languished. There are too many catalysts lined up for this one right now as a domestic yellow cake producer. I am a long bull and see significant value in this low priced jr miner.
They are actively producing while others await to clear regulatory hurdles and licensing.
Plenty of stocks to trade out there, this is one I add to on weakness, and retain my LONG position since .68
Like I have stated, I got time.
GLTA
Paytience 💰wins. F’n LONG.
