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Message: Uranium Shortage Looming?

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Uranium Shortage Looming?

posted on Apr 24, 09 07:42AM

Salida Special Report researches on uranium price, supply and demand.

"After more than twenty years below US$25/lb, the uranium price soared in 2004–07, with spot peaking at US$138/lb and contract at US$95/lb. Financial players displaced utility buyers in the spot market, with the frenzy finally abating in mid–2007. Prices subsequently plunged to today’s US$40/lb (spot) and US$69/lb (contract), with the weakness exacerbated by forced selling in the financial community."

Click on the link for the PDF

http://www.salidacapital.com/admin/m...

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