PDN 1.71% $13.24 paladin energy ltd

uranium to fetch us 80 dollars a pound

  1. 564 Posts.
    Next Uranium Auction to Fetch $80/Pound?

    The weekly TradeTech uranium spot price indicator remained unchanged for a third straight week, but Tuesday’s sale of 100,000 pounds U3O8 could result in another record price spurt. According to Nuclear Market Review (NMR) editor Treva Klingbiel, “This lot of material represents an opportunity for buyers to secure material at a fixed price and is expected to be highly sought after.”

    It's been two months since the last uranium auction. That one led to a record price jump in yellowcake. How will this auction compare? It could be an eye-opener.

    Read the full story at:- http://www.theconservativevoice.com/article/22924.html

    And an UNHEDGED producer like PDN can take full advantage.

    Cheers to all the long term holders
 
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