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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 6:01:58 PM
From: energy_investor  Read Replies (1) of 30215
 
DS,
What do you men by "quickly". As I understand it , it takes several years to get things in place and ramp up production, especially for mines. Eventually, yes there will be an significant increase in supply ( don't forget that we are expecting demand to increase also -- those new reactors; they will want to have a supply lined up in advance etc).

Eventually, yes, the price will drop, but then we will be out of UR to a large extent by then, won't we?

Cheers

Energy_Investor
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