The past few months have seen some more weakness in uranium stocks across the board, battering share prices down towards lows made at the height if this summer’s credit crunch.

The following charts attempt to show a cross section of uranium stocks and how many are falling back to lows made on August 16th.

Despite it being somewhat disappointing that uranium stocks have fallen back to where they were, this cloud does have a silver lining. The stocks have fallen to the lows, and then bounced on them, confirming that we now have a resistance level, a base upon which the industry can build the next leg up of this bull market.

Do not be fooled into thinking that the uranium bull market is anywhere near over. We still have a good chunk of the bull left to go, especially where uranium stocks are concerned. The metal may be slowing a little, but could still easily double in price. This will of course catapult the quality uranium stocks to new highs and even at current prices levels, many uranium miners stand to make a lot of money.

If you have got some uranium in your investment portfolio, then take advantage of these low prices and get your hands on some quality uraniums. To stay updated on the uranium market and keep informed on what uranium stocks are doing, subscribe to The Uranium Stocks Newsletter which is 100% free. Simply click here and enter your email to subscribe.

We would like to wish all our readers a happy and prosperous 2008!