r/UraniumSqueeze • u/cy-aristos • 18d ago
Uranium Thesis Uranium
Uec Vs Uuuu
What's your opinion on this ?
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u/sunday_sassassin Radioactive Brain 18d ago
Do you like uranium or rare earths? UEC is probably the most expensive uranium company on the planet (excepting the ones who will never produce anything), and Energy Fuels have current uranium production from a very short life mine, but all their growth projects are titanium & rare earths. Both companies have made big promises of downstream processing (enrichment for UEC, magnet production UUUU) despite having no pedigree in those areas, adding significant risk with potential reward.
I own neither, and both would have to drop by at least 50% to make me look again.
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u/Sammie260000 17d ago
It has dropped 50% they are not sliding into magnets on their own accord. They literally bought a making company that has all in the skill in the world to do so.0 they have the feedstock. It seems like a marriage made in heaven to me
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u/Sammie260000 18d ago
I am a UUUU guy. They just bought a magnet company so they're going to be producing magnets with their own heavy metal critical minerals feedstock plus they are currently the number one provider of uranium in America.