uranium news, page-660

I'll have a think about it mate. I take it RR is very very bullish on uranium now, given a lot of his catalysts like the Japanese restarts have all fallen into place as well. I'm a bit surprised the uranium price hasn't gone a bit harder, but expecting that to change if it makes a new long term closing high above the $52.00 mark. I've mentioned before, uranium lags oil a bit in the energy sector, but I think if we break that $52 mark in the spot market, a 6 handle spot price won't be too far away as new money entered the sector and from there is just becomes trading momentum and a self-fulfilling prophecy to take out the 2007 high like oil will also.

It's getting hard now to get any handle on how high the uranium price could go now given the current sector macros. I think we feast though on our spoils though over the coming 12-18 months. Getting in was the easy part, knowing when to get out is going to be much harder.

DYOR