Replies to post #5499 on Value Microcaps Junior Miners

[Bobwins]

I think that we will see more trades around this level. The fact that they had 4 transactions at these levels shows that there is interest. Utilities that need U308 can't play it too cute. The cost of the U308 is a small part of the cost of producing electricity. I'm sure they have to grit their teeth to spend this much but if they need it, they are smart to buy it when there isn't a big rush. Bobwins

[micham2012]

re Uranium spot price:

UxC uranium spot price up another $5 again this week, to $85 per pound.

Steve