Howdy waynecat, yep there is plenty of info re the U308 issues,...

Howdy waynecat, yep there is plenty of info re the U308 issues, just for a quick reference have a look at these URL's.

http://www.eoearth.org/article/Geology_of_uranium_deposits

http://www.world-nuclear.org/info/reactors.html

http://www.eia.doe.gov/cneaf/nuclear/dupr/qupd.html

http://www.uraniumseek.com/

http://oilprice.com/Metals/Commodities/Why-Uranium-Will-Make-Someone-Rich.html

http://uraniumsa.org/

I have plenty of other info.

Basically there is an issue from 2012 when the missiles to U308 finishes.

Lake Cigar is delayed again

China buying 5 times it usual allocation this year

Some major players are buying on the spot price due to reduce quality/ppm of U308 to supply existing contracts. the easy and high grade are reduced. (cannot find article now)


The number of nuclear reactors that are approved:
"http://www.world-nuclear.org/info/reactors.html"

Kazakhstan has reduced it known supply (downgrade ore results ppm)

An lots of other reasons, mainly the supply and demand issues from 2013/4.

That is one of the reasons I purchased this stock. There is not enough production to meet the demand.