Speculation – Why We Play This Game (August 3, 2018)

by FI Fighter on August 3, 2018

in Uranium, Uranium Updates

Speculating in mining stocks can be beyond frustrating, most of the time…

You spend so many hours: doing homework, building up a thesis, looking for deals, putting hard-earned capital at work, and then…

Wait.

Wait.

Wait.

Wait some more…

Think about giving up and throwing in the towel…

Wait.

Wait.

Wait.

Wait some more…

 

And if you’re lucky enough, eventually, the market finally says, “Ok, I believe in your thesis. You’re right.

Almost like a magical gift from the heavens, you can see your stock’s share price do the following…

Hyperbolic/exponential bliss!!! Up to the tune of a very impressive 94.97% year-to-date.

 

No, I don’t own any shares of Energy Fuels (UUUU/EFR.TO), a leading uranium stock, but I’m just as thrilled to see some very patient speculators rewarded with some triumphant gains… at long last!

 

This is the moment you hope and pray for…

 

This is what it’s all about…

 

If you can somehow get one of those, damn, it just makes all the: pain, frustration, stress, turmoil, internal conflict, agonizing wait, etc. all worth it… and then some.

 

And that’s how the Game of Speculation typically goes…

 

Buy right and sit tight.

 

Congrats UUUU/EFR.TO shareholders! The day belongs to YOU!

 

Fight On!

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{ 5 comments… read them below or add one }

1 TrevorNo Gravatar August 3, 2018 at 3:53 pm

Amen to that! I actually got into UUUU based off a recommendation you made 2 years ago at about $1.49. I did my due diligence and homework and decided to put some funds in. And it finally popped after 2 years! It took awhile, but glad I held during the doldrums! And boy did I need it, gold/silver have been killing me…

Great to see you posting again!

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2 PonNo Gravatar August 5, 2018 at 1:45 pm

That’s right!

Reply

3 MayankNo Gravatar August 5, 2018 at 2:07 pm

I bought this in 2016 after your strong recommendation and then did my due diligence. It was never below the price for all the time I held until last month, sold with some profit. Thanks Jay for your regular updates on the blog now after that Shitcago properties are things of the past….Grateful for your insight and love your philosophy around investing.. There is a reason why you are successful and very candid about your failures too…. Hard to find authentic people like you and reason for me always exciting to read when you have new updates on the blog… keep doing the great work….

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4 alexNo Gravatar August 6, 2018 at 12:59 am

I’m right there with Trevor I found it because of you I also hold UEC !

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5 TaylorNo Gravatar August 6, 2018 at 3:12 pm

Based on your recommendation, I did some DD and have been sitting on UUUU at a $1.50 cost for a while now. Patience finally paid off! Thanks for your insight! Let’s hope this thing keeps running.

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