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    market news

    Bullish analysts wait for US-India deal to boost spot demand

    Melissa Pistilli
    Sep. 15, 2008 11:19AM PST
    Market News

    Uranium Investing News & U3O8.biz reports spot prices for uranium remained at US$64.50/lb despite the massive hits on TSX. Bullish analysts feel the recent Nuclear Suppliers Group’s decision to grant a waiver from non-proliferation rules to India, thus allowing the country to enter the global nuclear arena, will turn things around in the sleepy market. …

    Uranium Investing News & U3O8.biz reports spot prices for uranium remained at US$64.50/lb despite the massive hits on TSX.

    Bullish analysts feel the recent Nuclear Suppliers Group’s decision to grant a waiver from non-proliferation rules to India, thus allowing the country to enter the global nuclear arena, will turn things around in the sleepy market. That has yet to happen, though.

    For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to the Resource Investing Newsletter.
     

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