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micham2012

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micham2012

Re: micham2012 post# 7687

Tuesday, 09/19/2006 9:44:48 AM

Tuesday, September 19, 2006 9:44:48 AM

Post# of 33753
re Uranium:

It appears that the weekly spot price for uranium reported by UxC is up another $1.25/lb. to $53.25. This price will be posted on the UxC website after the close today.

In an interesting development, DEN.TO and IUC.TO have announced an intention to merge:

http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com:20060918:MTFH36180_2...

This is a merger of equals, but it seems pretty clear that in the coming months (years?) there will be many mergers and acquisitions in this sector.

Steve
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