Thanks Vincenski.
However anything that Jim Lennon quotes is garbage as he has lost alot of credibility in the Uranium sector over the past few years.
I have never heard so much Bull Sh%t in regard to the major producers cutting back production due to demand constraints. The reason production is reducing is due to Cameco's environmental difficulties in Canada. In addition to this, the inability for the people with the required expertise to start a mine as well as the hardship in getting a mine even into production has ensured that global production (in comparison to demand)has been reducing (despite our ex-soviet friends increased production). It takes a long time to get a producing Uranium up and running.....
Nevertheless, thank you for posting.
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