URANIUM 1.02% $24.70 uranium futures

sector still getting pounded

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    I see no reason why today...

    UBS expects prices to rise to $US90 a pound in 2009 and $US110 a pound in 2010. "Our positive view is underpinned by strong energy values globally over the longer term in addition to mounting environmental pressures. Additionally, we note that there are currently 33 new nuclear reactors under construction, and a further 316 reactors planned by 2025 (compared with the 439 now in operation)," it said.

    http://business.theage.com.au/business/theres-light-ahead-for-junior-uranium-explorers-20080720-3i8v.html?page=2
 
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