MSB Global Capital Corp. (MSBM)

[fazoolius]

Ironman,

In fact, Uranoum prices have been on the decline, not increasing.

Uranium Prices Fall 12% In Largest Dip Ever

Posted on Aug 14th, 2007

FP Trading DeskFP Trading Desk submits: Uranium prices dipped more than 12% last week, the largest single decline since market monitor TradeTech began reporting spot prices nearly 40 years ago. Spot prices fell US$15 to US$105, according to TradeTech’s Aug. 10 issue of Nuclear Market Review.

“A number of factors have contributed to the price decline, the most influential of which has been the introduction of supply from a variety of sources including speculators/hedge funds, producers, intermediaries, and the U.S. government,” the report said. Cash generation is the primary driver of this influx of material, it added.

A sharp reduction in demand has also led prices lower in recent months.



However, with new Nuclear reactors coming online, this should stabilize and then start heading north. We should be finished with our NI 43-101 reports by then and maybe even pulling ore out of the ground.

-faz