Strathmore Resources - SMR - A uranium play Message Board

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Gold/Mining/Energy : Strathmore Resources - SMR - A uranium play

SMR 44.87

+6.2%

Oct 31 9:30 AM EST

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To: Rob who wrote (154)	9/12/1999 6:00:00 PM
From: Dan P	Read Replies (1) of 162

Rob: I don't think that there is anyone who would question the demand/production imbalance. Now, with regards to the demand/supply situation, that is another story. The shorfall is being met evidently with above ground inven- tory. How long that source of supply will last, before we see a rise in the uranium price is the $64000 question. I don't have any idea. I do know that CCJ and SMR and USEG and IUR are sound companies, and I am convinced that they will have their day, as uranium prices come up. It wasn't that long ago that Zinc, copper, etc. were all down sharply and they have made a comeback. I expect that to happen to Uranium and even gold. When, I have no idea. I expect to see some progress in the next several months. Regards Dan

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