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To: Canuck Dave who wrote (80546)	4/11/2007 4:08:13 PM
From: GoldBull no bug here	Read Replies (1) \| Respond to of 312987

guess I'm playing a cold hand - don't see much to sell or short - stockcharts.com

To: Canuck Dave who wrote (80546)	4/11/2007 5:18:52 PM
From: rubbersoul	Respond to of 312987

<Odds are in your favor, particularly with the U stocks. They've really had a run.> Yes they have but I think there will be a flight to quality near term or producing uranium companies rather than the whole sector tanking at once - if it does tank. It comes down to supply and demand and currently, uranium supply is struggling to keep up with demand. Where will all the yellow cake come from in the next several years? Definitely not from the explorers and there are only a handful of producers or soon to be producers. Tardif from Sprott stated last night on BNN that he can mathematically argue for the uranium price to hit $200. He also stated that a 5 billion dollar utility company with a nuclear reactor who have contracted with Cameco or Energy Resources (who both have experienced a decrease in production do to flooding/water problems) would rather pay more for uranium than lose 100% revenue by not being able to supply its customers. Cameco's Cigar lake won't be in production till 2010 or later. Uranium supplies so much of the world's energy needs now and its role continues to rise. The uranium supply/demand situation is critical to say the least. So I am not saying that U stocks won't experience volatility but the trend will continue upwards until there is a solution to decreasing uranium supply and rising demand.