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

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.

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