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

To: Tommaso who wrote (5905)	1/2/2007 11:57:35 AM
From: TheSlowLane	Read Replies (2) \| Respond to of 30230

"...considerably better than technical stock analysis." How would you know? <g>

To: Tommaso who wrote (5905)	1/2/2007 2:49:47 PM
From: teevee	Read Replies (2) \| Respond to of 30230

Tommaso, Many of the low grade calcrete or caliche uranium deposits in Africa and Australia appear to need about $70/lb uranium to break even so I expect we will see uranium prices move up to the $90-$100/lb price range until the market determines whether or not higher prices are needed to stimulate even more production. Beyond that, more nuclear reactors will have to be built to increase nuclear fuel demand. Perhaps global warming and C02 emissions will drive the politics and economics to spur this over the next few decades? Fusion power is close to making a breakthrough, but uranium powered fission reactors will be needed until that happens.