http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aYud.MN9IVoY
Cameco May Halt Water Leak at Mine in Second Quarter (Update2)
old news but.......read between the lines of Bambrough below...
The price of uranium almost doubled last year to $72 a pound as hedge funds and other speculative investors competed with nuclear power plants for supplies. The price has been unchanged since the middle of December.
``I expect the uranium price will begin to head higher in anticipation of Cameco's full mine update in March,'' Bambrough said. ``There's a significant possibility the rehabilitation will take many years.''
cameco, page-2
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Add URANIUM (NYMEX) to my watchlist
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