Sure there will be more consolidation.... and U308 has to rise over the longer term..... as does the price of oil, etc.... Question is, how long does one wait and also TIMING of purchases !
Consolidation of JNR with a takeover price at a few pennies above a 52 week low doesn't exactly make for a decent opportunity for most investors to turn a profit.
I suppose DML is a decent buy at todays prices, as are some other producers.
SNO at 1.5 cents is a much better buy than 5 cents or 10 cents !
Maybe that derailed Uranium IPO will be a better buy after it trades for a while. If it keeps waiting for better times, maybe my kids might see the benefit.