American uranium stocks are off their recent highs by about 10% while aussie uranium stocks are off about 20% on the average which suggests two things-
oversold by 10 % and aussie investors over react to any "negative news" re uranium.
Is it any wonder given that the average aussie sees this commodity as potentially dangerous on the back of the Chernobyl and Fukashima disasters. Ask these same people if they can name another city/ country where a nuclear power plant has 'gone wrong'. Countries like China India America France Germany and many others have successfully employed nuclear power without any negative significant incidents. Positive re rating coming after the hysteria settles
American uranium stocks are off their recent highs by about 10%...
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