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micham2012

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micham2012

Re: None

Tuesday, 12/12/2006 8:58:31 AM

Tuesday, December 12, 2006 8:58:31 AM

Post# of 33753
re Uranium:

It is reported that the UxC spot price for Uranium is up another $2.50 to $65.50/lb. This price will be posted on UxC's website after today's close, but was available to subscribers yesterday. Trade Tech reported $65 on Friday.

What was once considered a wild prediction -- $100/lb. uranium -- is now considered a foregone conclusion, probably in 2007.

In the meantime, folks like Merrill Lynch are scrambling to update their estimates:

http://www.investorshub.com/boards/read_msg.asp?message_id=15445674

Steve
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