75 per lb, page-2

Next Uranium spot auction is not til end of the month that is why price is still $75.

Buyers and Sellers Wait for February Uranium Auction Before Next Move

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2007-02-11 06:26:27 - Uranium buyers/sellers lock horns on uranium price (again). They wait for results of the month-end uranium auction for price guidance.


February 11, 2007 (Sarasota, FL) - (PR Inside)

According to Nuclear Market Review editor Treva Klingbiel, ''Market participants are focused on the upcoming auction by a U.S. uranium producer.'' This helps explain the relative stalemate between uranium buyers and sellers since mid December 2006, when the spot uranium price jumped a record $7/pound to US$72/pound. After a six-week freeze,
the spot uranium price inched higher and has been trading at U$75/pound since late January. No change in TradeTech's weekly spot uranium price indicator for the recent week, according to the February 9th issue of Nuclear Market Review