Monday, November 5, 2007 at 07:23AM
We are now of the opinion that the spot price of uranium has moved again and now stands at $93/lb. The uranium market is so small that just getting the data and being able to track the price of uranium is arduous to say the least.
The powers that be publish their data at certain times and we all wait with baited breath to see what it is. This web site has a number of well informed readers that tip us off with numerous bits of information along with the price of uranium as and when the price changes, so we are at times ahead of the general press thanks to them.
The spot price will make the headlines and have an effect on trader sentiment but please bear in mind that it is the long-term price of uranium that we need to watch. However this is still good news and good news should make for great day when the US and Canadian stock markets open.
Once again many thanks for all your input which has helped to put this web site in pole position on Google when we enter uranium stocks.
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