RE: SP Close To NAV11 Nov '22
This is a good question. Myself ive always traded YCA based on the Uranium price trend not the trend of YCA itself. Theoretically we should ALWAYS be at NAV. I think that the fact we are at NAV reflects that Uranium is at last in fashion with all the fund managers etc.... My hunch is that once we are at a significant premium to NAV this will be the sign that all the retail are in - look out for excess Uranium memes & youtube shilling - that will be a better time to sell based on NAV but I think we are still a long way off that.