Alls set for Uranium stocks to Regain Energy Sector Centre Stage...

Alls set for Uranium stocks to Regain Energy Sector Centre Stage :)

In the Market ...

May 2, 2008--No transactions are reported in the spot uranium market since month-end. However, new supply has emerged with a US producer is offering 100 thousand pounds U3O8 for sale. Other sellers have begun to firm their offer prices and are less willing to offer discounts in order to conclude transactions. While all spot demand remains discretionary in nature, there are signs that buyers are preparing to return to the market, indicating that the market has found a price level where transactions can be concluded.




TradeTech's Uranium Spot Price Indicator is $65.00/lb as at May 2, 2008

Weekly Spot Uxc U3O8 Price
as of May 5, 2008 Spot: US$63.00/lb Adjusted.

Here's the latest Sector Performance Index as at 8th May 2008 showing upward movement within Uranium after little change over the past 14 weeks " Bottom Has Been Found " while Coal/Gas/Iron/& Oil has surged. Seems at long last Smart Money is about to find its way back to the Uranium Sector.




Below: Alternate Count on Uranium Stocks, Wave C seems now complete upward from here :)


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Cheers to all the U-Bulls from grant64 :)
Without Doubt, Its Onward & Upward from Here On.
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