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Message: Uranium bottom is in?

Uranium bottom is in?

posted on Oct 17, 2007 09:25AM

Looks like trade tech and UXC are showing price increases of 3 dollars, which is interesting because NYMEX suggested it would be more like 5. But in either case this is good news.

I think the low overshot (as it typically does) and we should see recognition of that among the buyers. Let's hope the Government stays out of the game.

Retail investors due back soon. I think Fall drilling results will set us up for a fantastic winter and spring price appreciation.

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