BMN 0.73% $2.75 bannerman energy ltd

Extract from this article indicates that there is a renewed...

  1. 77 Posts.
    Extract from this article indicates that there is a renewed interest in uranium stocks:

    "Uranium stocks back in fashion

    Global investor portfolio flows show an especial appetite for uranium names, from established producers like ERA, to stocks which had all but been wiped out, like Xemplar. Tables included.

    Author: Barry Sergeant
    Posted: Monday , 03 Nov 2008

    JOHANNESBURG -



    Listed uranium stocks may have surrendered some USD 31bn in market value since the price of uranium oxide - "yellow cake" peaked out in June 2007, but very recent investor portfolio flows indicate a resurgent interest in the sector. Not only have prices for uranium oxide fallen continuously from USD 136/lb in June 2007, to current levels around USD 45/lb, but like all listed stocks, and in particular mining stocks, uranium names have been singled out for special punishment.

    Analysis of listed uranium names indicates that enthusiasm for the sector is back. Stock prices for uranium developers, or juniors, are now on average 51% above low points, and for listed producers of uranium oxide, 46% higher than recorded lows".


    source:http://www.mineweb.net/mineweb/view/mineweb/en/page38?oid=72050&sn=Detail
 
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