ISENF - ISO Energy break out, good way to play uranium bullIsoEnergy has broken out above previous resistance, any consolidation or backtest would be an excellent buy point in my opinion.
Next Friday 2/9 is Cameco's earnings call where they are expected to revise production targets down for 2024 due to numerous operational issues. That's what Kazatomprom did today and the whole uranium sector was on fire. I wouldn't wait too long is what I'm trying to say.
Iso has the highest grade uranium deposit in the world with 50mlbs. There are less than a handful of world class deposits like this and it will be a juicy target for acquisition. If the uranium bull thesis continues to play out as expected, this one will be a star.
Time horizon would be 1-3 years. Price target would be $10-20.
I am very passionate about the uranium bull market that is in progress and I strongly believe it has a very long way to go still, feel free to ask any questions.
Cheers!
