David Talbot Says Uranium Demand, Prices To Rise

Mineweb reported an interview with David Talbot of Dundee Securities who says uranium demand will rise and now is the time for investors to position themselves.

As quoted in the market news:

We are still bullish on the uranium sector because the nuclear power industry is moving forward and demand is behaving somewhat predictably. Supply will make all the difference in the world. The U.S./Russia Megatons to Megawatts program will go off-line in 2013, which will remove 24 million pounds (Mlb) of secondary supply from the equation.

Click here to read the full Mineweb report.