Monday, August 04, 2008 12:28:41 PM
Indian silver purchases in the Festival/wedding season!
Uranium has been suffering because the price of oil/gas -
has been declining and uranium looks less critical..
But this is an illusion.
It's the demand..and increible future demand..for electricity -
that will ultimately drive the severe uranium pich coming -
in the next 18-24 months.
Why electricity?
Because its FAR MORE CRITICAL THAN OIL!
And everyones love child fuel..nat as...is in for -
huge price increases in 2009.
I hesitate to use ridiculous phrases like
"back up the truck.."
However... a sizeable position in CCJ..DNN..looks very solid here.
I don't think the downside is more than 5-10% in the worse
case..and the upside easily 50-75% by mid 2009.....
imo. tia.
God Bless
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