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To: TheSlowLane who wrote (92117)	1/16/2012 4:17:49 PM
From: Rocket Red	Read Replies (1) \| Respond to of 233804

Pescod -Take a look at a chart like Uranium One or Rockgate Capital or just about any other uranium stock and you know that they’ve had a big two, three, four or even five-for-one sales over the last couple of months—ever since the disaster in Japan. But things can only go lower for so long one hopes and today Uranium One announces forth quarter production and sale results that exceeded just about everyone’s expectations. Finally something to cheer about in this sector. In today’s Canaccord Instant Coffee they write it is being reported that “Uranium prices are set to rebound after their worst year since 2008 as a looming supply deficit coincides with rising demand from China and India. Prices may rise to $65 a pound and possibly as high as $75, according to a manager of the Encompass Fund in San Francisco.” The suggestion is that these days you need about $80 a pound to justify new developments. Uranium One Inc.