I would disagree with that point.
" I would expect the US to take a step back here on all decisions re exploring, mining and energy production that involves Uranium for months"
This incident in Japan had nothing to do with the mining & sale of Uranium.
Long lead time to production for new start up miners. You don't flick a switch & production begins.
USA will want to have production of Uranium kept at a level sufficient to meet current & future demand. I don't see them turning off all N/Power stations pending outcome in Japan.
Whilst mankinds bum points to the ground we will be consumers & consumers need power/energy.
Whats the alternative? Ramp up CO2 'production' & burn more coal/oil?
I'm still buying at these prices.
If PALA exit under these circumstances then I may reconsider my position.
M
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