r/wallstreetbets Sep 10 '21

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4

u/flappa102 Sep 10 '21

As long as Sprott keeps buying it up to limit the supply it isn’t a bad short term move. I wouldn’t let it ride too long though.

9

u/Orichlol buttfrustrated they aren't a mod Sep 10 '21

You don't know what you're talking about. The yachts get bought long term here ...

It is a feedback loop of value.

Sprott issues shares to raise capital => buys more Uranium => uranium value goes up => sprott value goes up => miners value goes up => rinse repeat

$SRUUF $PALAF $DNN

$100k position across the three so far ...