Bet on Uranium for 2011

Resource Investor reports on 2011 uranium outlook.

The editorial is quoted as saying:

The spot price of uranium as reported by UXC.com, just hit $68/lb. It is up nearly 70% since June, but remains only half the level of its peak back in 2008. In the early phase of the commodity bull market, uranium ran from $7/lb to $140/lb. Interest in uranium and the uranium stocks is picking up after a nearly three-year long bear market. Uranium is an intriguing bet for 2011 and beyond because of the supply/demand situation and because of the value at the current price.

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