SMM 12.5% 0.4¢ somerset minerals limited

uranium prices: get these from smm on tuesday afte, page-2

  1. 13,176 Posts.
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    You can also ring management and ask for the spot price! Any thoughts on what the movement might be this week with the way oil fell off last week? Right now U stocks seem to be like a lost child in a way. When the resource sector comes down, they have been trending down too. But they are not like base metals, gold silver. Demand is highly inelastic! Then when oil goes up this has also been putting short term downward pressure on U stocks. But the reality is they should be marching to one tuune and one tune only - fundamentals and that comes back directly to price and at the moment the price of yellowcake is set to explode! ANother couple of weeks with these sorts of price movements and the sector will hopefully begin to cement a firm bull track!
 
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