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Gold/Mining/Energy : Uranium Stocks
URNM 55.58+4.6%Dec 19 4:00 PM EST
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To: russet who wrote (6238)1/4/2007 5:29:22 PM
From: Land Shark  Read Replies (1) of 30230
 
Fact of the matter is... First of all, NIMBY doesn't apply in China (owing to their strong centralized govt.). China has plans for 30+ reactors to be constructed over the next 10+ years.

Secondly, even if no new reactors are constructed, the current demand exceeds supply. There will be a supply crunch regardless.

Thirdly, what basis is there for a precipitous drop in oil prices long term?
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