↗ https://reddit.com/r/CountryDumb/comments/1wha582/why_encore_energy_has_been_a_shortterm_dumpster/
Encore Energy looks promising long-term, but the next few months could be more pain. Hard to make money buying uranium for $88 and selling it for $68. Do that with 500,000lbs because of over-zealous contracts, and the losses snowball. Let’s see if the permits come through, but right now EnCore Energy is sitting on their hands with no production capability. Ouch!
