on the move again, page-20

lets say that the entire world production is worth 15B
(Bill Gates could buy the next 10 years supply)
lets say 80% of that is already contracted eg ERA and BHP
that leaves the spot market below say $2B (and you cant really call it a proper spot market)
and that Cigar Lake while a small percentage of total world prodcution was a very large percentage of available world production ditto for ERA flood
and say because of the small available market speculators got into their head that they could control the buy price just buying supply and storing it
this would give them control of the price for a relatively small outlay
and the Uncle Gore tells us that we all die if we dont change very very soon
and that sticking Coal gas into rocks is really really really problematic
A Soros like move on Uranium that forces the price up and then leverages the onflow to the equity market would be like having a printing press
and say the Chinese have pockets full of US dollars and they to want secure their future energy security

there are very few circumstances in world history where this much leverage has been in play

btw way i jumped out of Canadian miners into Aust miners 4 weeks ago, I track them all worldwide its interesting that Oz Miner are moving up as one and Canada is moving down similiarly

anyone got any idea about comparitive valuations between the two?

This is like living in Saudi with cash in your pocket when oil was $10 bucks

or being in Texas at the turn of the century

or California in the 1870's

its time to bet the sheep station :)