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And where in which direction do you think that #uranium will head? It ain't coming to the West!

Patience my little pretty..... All in good time.. #uranium

No changes reported at any of the #uranium ETF's I follow. Looks like URNJ finished the last of their rebalancing last Thursday (Jul 3). The tables below summarize the changes made. #uranium

Give this a thought... If you're out buying a stock that you think will go up in price. Do you place a market order in? or a limit order? Why would SPUT want the price to accelerate upwards when they are still buying those #uranium pounds?

No changes in outstanding units of any of the 3 #uranium ETF's I track. And aside from a few minor tweaks in the holdings at the 2 Sprott #uranium ETF's, there were no change changes in holdings either..

As I tried to post yesterday, SPUT is trying to get the "best price" as they load up their #uranium basket. I wonder if they have "friends" helping them get the "best price". I wouldn't be surprised to see another raise down the road. Then they will let it fly.

Well there were some changes in the #uranium ETF's reported this evening. URA reports 510K new units issued.. the largest single day issuance since early January. URNM reports 510K in redemptions. No changes in OS units at URNJ, but again, a few minor changes in holdings cash.

Wouldn't surprise me to find that $UEC was the buyer.... #uranium consolidation is underway

I think SPUT itself will jump into the #uranium market with another PP raise...

Are we seeing a rotation out of URNM into URA? Overnight URA reported 840K new units issued and their holdings indicate another 890K units will tonight be reported issued, while over at URNM, they reported 90K in redemptions! What's happening John? No changes at URNJ #uranium

Overnight URA reported those 880K new units but no changes in holdings (cash position jumped by $8 million). Once again, URNM reported redemptions - 260K worth. No changes at URNJ <- there was market interest in them yesterday with price up and volumes way up. #uranium

No changes reported at any of the #uranium ETF's I follow.

Was out on the water yesterday & didn't post, but today, although $URA did not report any changes in OS units, their holdings indicate they will tomorrow report about 1.2 MILLION NEW UNITS ISSUED! $URNJ added a modest 20K new units $URNM reported 90k untis redeemed #uranium

I was performing in a choral festival last week and a choir from Slovenia cleaned up! kzmegaron.com Made me think... whatever happened to that planned $150 spot #uranium party in Bled? Anyone bought their ticket yet?

1/2 Overnight URA reported those 1.26 MILLION new units issued and their holdings indicate another 80K new units will this evening be reported issued.. URNJ reported 160K in redemptions... no changes at URNM So why the sell off in the Sprott #uranium ETF's? see my next post

2/2 I've been puzzled by the redemptions from the 2 Sprott #uranium ETF's over the past few weeks, all while URA has seen new units issued. Perhaps some of their AP's liquidated a portion of their positions to participate in the $200M SPUT raise in late June. 🥰Mart🥰

Clearly some #uranium sector "decoupling" from the general markets going on today....

In the January rebalancing, CCO was reduced from about 25% of URA's holdings to about 20%. They are currently at about 24%, so we can expect about 4% drop in CCO weighting = about 2M shares. Maybe the shaving has started today? #uranium

As I mentioned last week, I found the outflows from the Sprott #uranium Miners ETF's to be puzzling... but I think it was some rotation out of the Miners ETF into SPUT to participate in the $200M raise.

Nice to see SPUT bought 50,000 lbs of #uranium today