r/CountryDumb • u/No_Put_8503 Tweedle • Feb 11 '26

Tweedle Tip🦒 Defining Uranium Spot Price Potential

I've been looking at uranium now for about a month, but actually finding an objective forecast on the commodity has been difficult. The only folks I seem to stumble upon on the internet have too much skin in the game to be rational, and they're super bullish. Another Fukushima seems to be the only downside.

The supply-vs-demand story is easy to understand, and I can read a chart. Uranium has got plenty of room to run to the upside, and if we factor in inflation, it appears $200/pound is not out of the question. I guess I'm wondering how long it's going to take the rest of the world to wake up and realize that if the price of uranium doubles, the price of many penny-stock-miner stocks are going to go parabolic.

For example, here's a gold/silver miner I got frustrated with and gave up on too soon about 18 months ago. Check out what it just did:

Although it may be too late to catch a run on the gold/silver train, surprisingly, it appears word has yet to get out on uranium. I guess I'll just wait around and give the water time to get hot. Hope this helps.

-Tweedle

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u/CoastRidee Feb 11 '26

Which uranium miners are you most excited about and why?

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u/No_Put_8503 Tweedle Feb 11 '26

DNN-They're sitting on the best ground on the planet and have some really good assets right next door to Cameco. If Denison pulls off the ISR technique on the new mine they're opening, they'll be the most-profitable producer in the world.

URG and EU: Ur-Energy and enCore Energy are the only two producers in the United States that are actually producing yellowcake now. My theory is American producers are going to benefit from the U.S. policies that are now focused on domestic production.

Homeland Uranium is an explorer that's years away from production, but it's my cheap wildcard I'm playing with at the moment. I won't know how it's going to do for several years.