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excerpt from *s t o c k h e a d article this morning Uranium is...

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    excerpt from *s t o c k h e a d article this morning

    Uranium is up over 10% in two weeks and breaching US$70/lb, representing a 25% lift in spot prices over the preceding two months.

    The Sprott Physical Uranium Trust (figure 5) is slightly above its net asset backing by 0.25%.

    CAMECO CFO Grant Isaac stated last weekend he thought the days of buying US$40/lb uranium and also US$50 and US$60/lb were over, stressing the need for more supplies.

 
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