Globe and Mail reported over time the investment opportunity in uranium will be restored.
As quoted in the market news:
So, why buy into uranium now? I think it has the earmarks of having finally reached capitulation, the bottoming process before the real bounce back can begin. Investors have thrown in the towel. Just look at the multi-year lows of uranium and many related stocks right now. Even analysts are scaling back their rosy predictions – and yes, that could be a good sign for contrarians, too.
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