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« Crosshair Exploration & Mining Corp: Pull the pin! | Main | Laramide Resources Ltd: Buy, Hold or Sell? »
Thursday
Feb012007

URANIUM: Ticks up another $3.00 to $75.00 per pound

Which is another 4%, according to The Ux Consulting Group.

It has been six to seven weeks of brinkmanship as the utility companies position themselves in the best negotiation stance possible. However we just can’t imagine anything else but nervousness turning to wet legs as they realize that the suppliers hold all the cards and can happily wait while the end users sweat it out. We would just to love to be a fly on the wall on days like these.

Strangely though our uranium stocks are slightly down today, either taking a breather or nobody has bothered to them yet!

Don’t go too mad on any one stock, relax and enjoy the ride its going to be very good indeed.

01 February 07


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Reader Comments (2)

I have come to greatly respect this site. I was wondering how you guys feel about Uranerz (AMEX: URZ) in the short term (the next few months)? Thanks, Alex

February 5, 2007 | Unregistered CommenterAlexF

Alex, We will dig out what we have and post some time this week we cant do it now due to a back log of requests and one or two important decisions to be made.

We are pleased to see that you like the site but remember not to go too mad on any one stock.
cheers,
Bob

February 5, 2007 | Unregistered CommenterBob

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