uranium bubble bursting

  1. 5,447 Posts.
    Suddenly the punters are becoming aware that the shysters are into the action. Lets face it, RIO is sitting on heaps of uranium and so are many other majors. These big deposits will see the market first on long term contracts as always, almost government to government. The small players will have to wait. Already we have seen our Federal government pushed into action because uranium has other uses, so it cannot be left to the little people to handle...expect a lot of restrictions to appear out of the blue. Remember the oil market is hardly free, some deals are done at the point of a gun.
 
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