I just happened to look at a 3 yr chart of the uranium prices and it looks quite sad actually.
If URA are to bolt out of the woods as some dreamers suggest then this chart would need a massive improvement IMO.
I'd say that dirty filthy polluting COAL has more upside in the short term as Chinese stock piles plummet and consumption sky rockets with the global recovery.
Yes eventually uranium will rise but coal is just too easy to dig up and burn and with most major countries backing away from greenhouse gas emission targets.
http://www.infomine.com/investment/charts.aspx?mv=1&f=f&r=3y&c=curanium.xusd.ulb#chart
By the way has anyone thought how expensive it is to dig up and process uranium per pound?
Not cheap baby not cheap.
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