SMM somerset minerals limited

re: price prediction and follow up A post, dated 25 Sept 2006,...

  1. 22,691 Posts.
    re: price prediction and follow up A post, dated 25 Sept 2006, this thread, shows that my previous prediction was very conservative.

    On 27 Sept (On a NZ site), I predicted $100 for 2007 and this was repeated on 10 Dec, this thread.

    Due to the calamity at Cameco, I am upgrading that forecast to $115 for this calender year.

    Frantic efforts are being made to upgrade production but this year will show little fruit. In the meantime, nuclear facilities are increasing all the time and international planning needs to be constantly updated.
    _________________________________________

    SEVEN REASONS WHY THE URANIUM PRICE WILL HIT $100 THIS YEAR:

    http://www.moneyweek.com/file/25277/seven-reasons-the-uranium-price-will-hit-100-this-year.html


    Gerry
    Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities.


 
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