I’m beginning to think there probably is virtually zero chance of recouping funds invested in these little wannabe rare earths miners/refiners if one has been in them for any length of time. 400% and 5OO% increases in a stock price is unrealistic. The question then is, when to dump them. I’ve never been down this much with stocks. Thoughts?
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Bullish on ucores tech. Nice to see the spotlight on this space.
Mostly all their revenue comes from mining and trading uranium, and all the rising costs that come with it. It explains uuuu and why it can't make a profit either, their uranium ore is not high grade. I'm looking into pure play refiners/tech, mining is a lost cause when it comes to growing earnings these days unless the world stops blowing up refineries and oil comes back down to 50/60 a barrel.
Bullish for ucore, that's their feedstock