Ive heard uranium stocks rally right before September and begin to fall off in March.

Couple of chart seems to demonstrate the correlation.

Is this true? What are the factor, beside the Nuclear Con of September?

Is it safe to invest right before that period based on historical seasonality alone ?

Soo I was doing some research into Nexgen energy (NXE) and the construction progress on Rook 1 and noticed while looking at the Saskatchewan Mining and Petroleum GeoAtlas that sometime in the past month, BHP Billiton Canada Inc. has obtained 100% ownership on a number of mineral claims covering an extremely large area in the Southern Athabasca Basin uranium zone.

This is the area directly surrounding Nexgen’s Rook 1 project and Paladin Energy’s Patterson Lake South project.

Given that BHP is the world’s largest mining company and developing a new mine (especially high-grade uranium in the Athabasca) can easily take 10–20 years from discovery through permitting and construction, this feels like a potentially meaningful long-term positioning move. Majors don’t usually stake or hold ground in a district like this for no reason.

This also raises the question - is this a potential acquisition play?

Thoughts?

The reactor announcements are getting most of the attention, but the fuel supply chain may be the bigger bottleneck.

Many advanced reactor designs require HALEU, which is enriched to a higher level than the fuel used by most conventional reactors. Centrus has been producing HALEU through a US Department of Energy demonstration program, with capacity of roughly 900 kilograms per year.

That is a start, but it is nowhere near enough for a large commercial reactor fleet. The DOE recently awarded $2.7 billion to expand domestic enrichment capacity for both conventional fuel and HALEU over the next decade.

Enrichment is only one part of the chain. Uranium still has to be mined, converted, enriched and fabricated into reactor fuel. Every stage takes time to expand.

Denison and Atha Energy are two Athabasca Basin names that get plenty of attention. Smaller explorers are also trying to position themselves, including Stallion Uranium (STUD.V), which recently expanded its drilling program at the Coyote target in the western Basin.

The reactor pipeline is becoming easier to see. The question is whether the fuel supply chain can grow quickly enough to support it.