uranium spot price heading higher One aspect to consider is the...

  1. 4,040 Posts.
    uranium spot price heading higher One aspect to consider is the Cigar Lake (CAMECO) mine flood fiasco *** Was to be in production in late 2007 but now may never see the light of day, but if it does, one would suggest not untill at least late 2009-2010. For those that don't Know the implications of the flooding of Cigar Lake *** Well it was to supply 17% of future world production when fully commissioned, and will have a MAJOR MAJOR impact on supply *** no doubt Uranium is heading to $70-$80 p/lb in the not too distant future and will be beyond $100 within 18 Months

    Just remember ** CIGAR LAKES 17% uranium world production ****** LOST****** when anyone suggests uranium heading downward FACTS ARE IT WON"T :):) PALADIN * ALLIANCE * DEEP YELLOW * will be heading skyward :):)
 
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