All the more reason to be buying it now!
Ill summarize a couple comments from rick rule earlier this year. These are quotes as i remembered from a presentation he did, that i found a couple weeks ago, the wording wo t be exact but you'll get the concept.
" america generates 18% of its power from uranium. If the price can go up and it must go up, it will go up. For americans, either the price of uranium goes up or the lights go out. if you believe in 7 years when you turn the light switch on that the lights will go on then you believe in uranium."
https://www.google.com.au/url?sa=t&...IIGzAA&usg=AFQjCNHdISQ53FRt2FKv1GUxo6MTQcz-ng
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