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Gold/Mining/Energy : Uranium Stocks
URNM 59.67+2.4%Dec 11 4:00 PM EST

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To: diddlysquatz who wrote (8730)3/3/2007 6:16:25 PM
From: Cheeky Kid   of 30215
 
My 2 cents...

If they approve further mining down under, we will see companies in the newly open areas stock prices rocket. I think the focus will be on stocks down under and less focus on other areas. I don't think it's going to affect the spot price until new mines are opened, and we all know how long that takes.

In the end the shortage issue will be over and there will be an ample supply of uranium for all the new reactors, by then the uranium bull market will be over, and we will be looking at other areas to invest.
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