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

To: lowerSharpnose who wrote (10350)	4/13/2007 9:09:49 PM
From: energyplay	Respond to of 30242

I think "why no shutdown yet ?" is a good question, because there is a huge difference between say the oil market and uranium. When Katrina and Rita hit, there was a big, sharp drop in both crude supply and refinery output, and with gas stations having only a week of fuel in thier tanks, there were very sharp gas shortages all over the Southern US for about two months, and calls for people not to travel, etc. About six months later, gasoline was readily available, just at a slightly higher price. Here's natural gas chart - spikes up, comes back down, spikes up, comes back down, repeats - mrci.com Here's a long term copper chart - note the time on the bottom is YEARS. Thee was a pretty good inventory of copper in places like the London Metal Exchange warehouses, Shanghai warehouses, etc. That inventory kept getting smaller and smaller, and Copper prices went parabolic. mrci.com Uranium has even larger inventories than copper, and I expect prices will seem like slow motion, like the tide coming in, instead of a wave. It is very interesting to note that for the past 4 years Uranium has moved up every week except 2 out of 200 weeks. At some point we may see panic buying by utilities and/or inventory dumping by hedge funds, and prices will become more erratic. Or as some posters have pointed out, governments will step in to regulate. Should be a fun ride...

To: lowerSharpnose who wrote (10350)	4/14/2007 10:31:06 AM
From: Tommaso	Respond to of 30242

"Troll?" mmm hmmm RE: the idea that there is really no problem with a dwindling uranium supply: The old joke about the guy who falls off the Empire State Building and as he passes the 75th floor shouts "No problem so far." France's Areva understands. They are helping UEX sink a $100 million mine shaft.

To: lowerSharpnose who wrote (10350)	4/15/2007 8:13:45 PM
From: AuBug	Read Replies (1) \| Respond to of 30242

You're so smart and now I'm so intimidated and humiliated. I'll never be able to hold my head up again. "My post was at aimed at DJ...who..dont..unnerstan...Troll?" Not only has no nuclear plant been shut down for lack of fuel many have been planned or are under construction. With yellowcake prices so high even low grades can be economic and the incentive to get them into production is very high. It will also be lucrative to recycle spent fuel rods and this is actually great news as it reduces the waste that needs to be stored. The smart money is cashing in and will be watching the sell off from the sidelines.