There is some discussion today that the Nuclear Security Summit's pledge to recycle hundreds of thousands of tons of nuclear material into reactor grade uranium may cause the uranium sector to head into a downturn on the recent news. Effectiely, this increase in supply is likely to depress the uranium price for some time, meaning less profit for uranium miners, and lower returns for their investors.
That being said, I will hold onto my 2012 oppies and see what happens.
UUL Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
