Re: Market Commentary - Thursday, December 04, 2008 Title: Upward pressure on spot price Publisher: U3O8.biz Author: Luke Brocki ________________________________________ November may have presented more turmoil in terms of global credit woes, but it wasn't all bad when it comes to uranium. According to price publisher Tradetech, demand outstripped supply for the first time in months, which resulted in all sorts of increased activity and several consecutive weeks of spot price gains totaling some 20 per cent.
PMH Price at posting:
8.9¢ Sentiment: LT Buy Disclosure: Held