Love this thought prompting in depth research..good work.
Although not a holder of EXT atm (yet), I am a long term follower of uranium and uranium stocks. If I may, I will tackle the U price/supply/demand aspect of your post.
There has been much said about this subject and in particular the unwinding of nuclear weapons and the use of the refined uranium for nuclear energy, increased supply with new mines coming online and hedge funds keep the price down.
These two articles give perspective to this, mainly via George Topping. However he is not the only one talking of the major increase in N power plants worldwide, will supply keep up with this? Personally, I think not. I also specualte and don't believe that N-weapons will provide enough uranium, nor do I believe N-weapons will be depleted. I would love to see some analysis on the depletion vs increase of N-weapons but I doubt that will evr be done accurately.
I to have to be on my way, but I offer this for a start.
Uranium Stocks HOT!
Thu, Apr 9, 2009
Featured Article, Uranium Articles
Uranium, oil price set to climb on Asian stockpiling: Part 1
"George Topping, a research analyst specializing in the mining sector at Blackmont Capital, pays closer attention to uranium and copper than he does gold and silver, but in this exclusive interview with The Gold Report, he shares what he foresees: gold flat at $950 per ounce (in real terms) through 2011, copper at $1.80 per pound in two years, and uranium nudging up $100 per pound within five years."
Add to My Watchlist
What is My Watchlist?
