Q: FCU used to be "liked" by you some time ago (couple of years) when it was around 1.90$. It went down from there to below 0.50. Recently however the stock has been rising, gaining 40% since beginning of 2017. I wonder why, when there is so much talk about deregulation of energy industry especially oil, gas, and coal which are far safer than nuclear. Where is the demand for uraniaum and specifically FCU coming from? Is it just sentiment (markets are rising) or this rise is based on significantly improved fundamentals or is it because of positive outlook? Do you think the momentum would continue and if so is it prudent to add to a very small position here?
Thanks as always!
Thanks as always!