The other thing to note - if you take the slightest interest in chart patterns - is that the uranium price is now just completing the almost-perfect cup and handle pattern. And if the chartists are to be believed, then that would imply a sudden and rapid move upwards into a significant uptrend from here on...
Not saying it WILL happen, but the probability is there, given this chart pattern.
See here:
http://www.uranium.info/
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$7.68 |
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14 | 6519 | 7.660 |
18 | 8858 | 7.650 |
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9 | 7253 | 7.630 |
Price($) | Vol. | No. |
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