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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?

To: TheSlowLane who wrote (3379)	10/16/2006 8:12:23 AM
From: smh	Read Replies (1) \| Respond to of 30229

People should understand what the published prices are and what they are not. Here is a description of how "market prices" are determined, from the TradeTech website. I can't find the equivalent fine print on the UxC site, but they generate their values in essentially the same manner. ---------------------------------------------------------------- The Weekly Spot Price Indicator is our judgment of the price at which spot transactions for significant quantities of natural uranium concentrates could be concluded as of the end of each Friday. The Long-Term Price Indicators for U3O8, Conversion, or SWU are our judgment of the base price at which transactions for long-term delivery of that product or service could be concluded as of the last day of the month, for transactions in which the price at the time of delivery would be an escalation of the base price from a previous point in time. Derivations and Comments All Market Values are expressed in terms of US$. All Market Values are based on: - Data from recently completed transactions. - Data from pending transactions. - Firm bids to buy or borrow, and firm offers to sell or lend. - Prices purchasers or rates borrowers have expressed a willingness to pay, but for which we are not aware of firm bids to buy or borrow and prices sellers or rate lenders have expressed willingness to accept, but for which we are not aware of firm offers to sell or lend. In the determination of all Market Values, we do not consider: - Prices associated with deliveries under old or renegotiated contracts, or other than arm's-length transactions. - Charges for transportation other than that customarily provided by suppliers. - Prices of services or materials delivered under long-term contracts with primary suppliers.