Uranium Will Reemerge In Coming Years

Globe and Mail reported over time the investment opportunity in uranium will be restored.

As quoted in the market news:

So, why buy into uranium now? I think it has the earmarks of having finally reached capitulation, the bottoming process before the real bounce back can begin. Investors have thrown in the towel. Just look at the multi-year lows of uranium and many related stocks right now. Even analysts are scaling back their rosy predictions – and yes, that could be a good sign for contrarians, too.

Click here to read the full Globe and Mail report.

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Peninsula Energy

Peninsula Energy (ASX:PEN) is set to be the ASX’s next uranium producer. Its flagship Lance Projects in Wyoming is headed towards production in 2015, with purchasing contracts secured for 2015 to 2024.

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