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Gold/Mining/Energy : Uranium Stocks

URNM 59.67

+2.4%

Dec 11 4:00 PM EST

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From: lowerSharpnose	5/14/2007 12:06:44 PM
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Uranium May Rise to $250 a Pound Next Year, SXR Says... bloomberg.com Uranium may more than double to $250 a pound next year as demand for the nuclear fuel outpaces production, according to SXR Uranium One Inc. ``We'll see resistance at around $200 to $250, where utilities will take some pain,'' Neal Froneman, Toronto-based SXR's chief executive officer, said in a May 11 phone interview from Johannesburg. ``Within a few weeks, you'll see it go to $130'' and $150 later this year, he added. ... Froneman is one bullish chap. rgds lowerSharpnose

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