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uranium soar to $100, $200, even $1,000 ?, page-8

  1. Reichman
    3,815 Posts.
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    10/02/12
    15:49
    Post #: 9676770
    Hi Upmarket

    You might recall that Purdy posted a few days back that it wasn't in our (sorry - your:-) best interest for the price of U to go above $105 lb. Purdy mentioned "that the tailings all miners have to keep and are at the lower end of the U rating, become economic at $110 lb".

    So, presuming Purdy is right (and I have no reason to doubt him), hope for a rise in the price of U - just not TOO high a price! :)

    Fingers crossed it's onwards and upwards.

    Regards
    RM
    PEN Price at posting: 7.4¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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