Currently uranium mines produce 40 million pounds less than the worlds nuclear power plants need to run at capacity that does not include the 150 new nuclear power plants already planned for construction.
While the Japan nuclear disaster caused investors to go on a immediate panic sale causing a price dip. The current price will soon be a distant memory!
Countries like the US India China are now incorporating new safety precautions to prevent a disaster like the one seen in japan.This news will eventually be enough to drive the uranium price higher even to new record highs...IMHO of course!!
Currently uranium mines produce 40 million pounds less than the...
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