InvestorsHub Logo
Post# of 19122
Next 10
Followers 78
Posts 16926
Boards Moderated 0
Alias Born 01/31/2004

Re: fringe_remnant post# 2286

Saturday, 10/15/2005 11:55:56 AM

Saturday, October 15, 2005 11:55:56 AM

Post# of 19122
Uranium is in a secular bull market. The spot price has gone from $7.00/pd to over $30.00/ pd over the last 3 years. Jim Dines, one of the most respected investment newsletter writers, is a huge "uranium bull" and feels it is the investment opportunity of a lifetime. He predicts a spike in Uranium price up to $100/pd over the next several years, mainly because there is no supply. China and India are planning up to 45 new nuclear plants as their energy source and there is an overall renewed interested in nuclear energy which all bodes well for Uranium.

There are several uranium mines already in AZ, and I know Strathmore minerals has a few of them. Fringe is right on this gang, uranium could be huge.