From TradeTech http://www.uranium.info/index.htmlIn the Market...

From TradeTech
http://www.uranium.info/index.html

In the Market ...
May 16, 2008--Two transactions were concluded this week in the spot uranium market with prices at, or very near, today’s spot price indicator. While there remains an undercurrent of uncertainty about future price direction, buyers are beginning to venture back into the market and sellers are less willing to cut prices. One factor contributing to this change in behavior is the expectation for large volumes of demand to return to the market in coming weeks and months, as rumors continue to swirl about potentially large purchases from the investment community. However, significant demand from this sector of the market has yet to surface. TradeTech’s Uranium Spot Price Indicator remains unchanged this week at $60.00 per pound U3O8.

Wait for it ladies and gents. When this speculation returns very soon the runs of 2006-2007 in Uranium will look pitiful compared to whats about to break.