Is uranium the new yellow metal in town?

Stockhouse.com reports on the uranium sector and its rising  price levels in the recent weeks.

The editorial is quoted as saying:

Recently, U2O6 hit a 24 month high of $53.50 a pound.  Typically, when uranium begins to make its upward move it does so with atomic force, giving large profits to the lucky holders. 

It is interesting to note that only eight mines in the world yield more than fifty percent of global production.  Moreover, in reality there is not a lack of uranium deposits, but there is a lack of assets that possess production potential.

Click here to access the entire editorial.