spot price falls to new post-fukishima low, page-30

Just when you think U stocks can't get any uglier...

Someone finds the mother of all ugly sticks and goes to town on U308 stocks...

Moving forward Its like a tightly coiled spring... IMO the longer it is compressed down the more explosive the move will be in the other direction...

Key factors for Uraniums next run

1. Positive sentiment needs to return to the market (QE3)

2. 2013 and the end of the megatons to mega watts program resulting in immediate supply deficit

3. Olympic dam put on hold with no other upcoming supply to fill the looming supply gap

4. Monkey brigade ramping up the U308 story as hot stuff headed to $130 yada yada yada (Too easy to do considering current prices and the background suppy deficit)

These factors IMO will see U308 stocks go for a very decent run in the next 12 months...