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The short term prospects for the spot price of uranium to rise are looking better IMO.

This if it comes true of course will effect U stocks such as ERA in a positive way as the battered U price as a result of the Fukushima disaster has been a major playing in bashing the SP lower... lower... and lower.. But ERA has hit it's bottom and things are looking brighter.

The depressed U price and the strong Aussie dollar have hurt profits bad. The U.S is slowly growing so hopefully our dollar will recede back in time below parity.