uranium price set to double, page-2

Thanks for the post Wane. I'm not shooting the messenger, by the way:

That's another one of those waffle analyst beat ups.

The International Atomic Energy Commission nor World Nuclear Association have anywhere near a 100% increase in the uranium price in the next 2 years. James is referring to the spot price, which is being capped by Russian and US selling off their missile stockpiles.

SP increases of PDN and ERA are only behaving like the rest of the market, not because of the potential 100% increase in the uranium price.

And what's that fool comment about Uranium @ $20?

Please spare me. There are many, many more informed posters on HC, than these guys.

I like the sentiment, and the direction is correct (IMO), but the crap surrounding it, is just that.

I'm unable to take any analyst's comments seriously, who work with a bank that got the whole GFC so wrong, wrong, wrong.


Cheers, Skip