uranium oversupply

For uranium to drop in base price from now up to april 08 then picks up makes you wonder how much media hype out their. Why is there a over supply, all I can find of info are the reactors constructed commenced construction 6months later and a oversupply of decommissioning of russion nuclear arms flooded the market.
This flooding has supported the supply of the market right up until mid 08.
But then who can say if the hedge funds again didnt manipulate the uranium market like everything else.