Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

Search Uranium Stocks
Uranium Price
Our RSS Feed

Uranium Updates

Enter your email address:

Follow Us on Twitter
« A Look at Strategic Oil Reserves – Who’s Buying Oil? | Main | Geothermal & Nuclear Energy Stars Spark Gianni Kovacevic’s Interest »
Tuesday
Sep222009

Uranium to hit $95/lb!

Uranium chart 23 Sep09.JPG

According to RBS uranium will almost double to $95/lb by 2011. This was part of an interview with Ray Goldie, analyst, at Salman Partners who was interviewed on BNNs SqueezePlay today. Just to keep us listening the figure of $150/lb is thrown into the talk.

Its an interesting video clip if you can find the time to watch it they talk about some uranium mines taking 11 years or so to construct and a similar amount of time is required to build nuclear power plants. Since 1980 the worlds consumption of uranium has outstripped supply. The main show stopper would appear to be political will and the amount of red tape that we have to wade through to get a nuclear mine or power plant into the construction phase.

Click here to watch the video.

Have a good one.

For those readers who are new to this site and are interested in the nuclear power sector that is currently coming back to life, you may want to subscribe to our Free Uranium Stocks Newsletter, just click here.

To stay updated on our market commentary, which gold stocks we are buying and why, please subscribe to The Gold Prices Newsletter, completely FREE of charge. Simply click here and enter your email address.

For those readers who are also interested in the silver bull market that is currently unfolding, you may want to subscribe to our Free Silver Prices Newsletter.

Long term uranium price 23 sep 09.JPG

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (2)

Another 'mine' or better put source of Uranium is the nuclear arsenal that I see Obama wants to seriously cut down. Anyone any idea on how this latest cutbacks would effect supply? [I know the current agreement between the US and Russia is due to end -wot- 2013?]

Nick.

September 23, 2009 | Unregistered CommenterNick Outram

Team,

Very sorry used the wrong link for the video clip, this has now been corrected.

September 23, 2009 | Unregistered CommenterUranium Stocks

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>