I admit I have not done detail analysis. Uranium price has to be settled at a place, and fluctuated around the base, to make sure enough uranium is produced to meet to demand. Check it out, how many new productions comes out from central Asia and Africa.
I am just not comfortable when there are so many juniors has resources that can meet half of annual demands for the whole industry. Something must be wrong, at least people won't feel the urgency of jack up the price to stimulate more exploration because they have seen the resources is vary vastly available.
If you are in the industry, you should knew their game. Well, in short term, Chinese might go out after some resources, but they will get burned. Actually, they had. Hardly any of investments in uranium is above water. Of course, they will learn from their mistakes.
Good luck, I am uranium bear, but uranium could have a nice run up from time to time, but better opportunities in some other metals.
About the size of US nuclear arsenal, and how they will deal with it, you have no idea what you are talking about. Neither do I.
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