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    market news

    Uranium spot is reacting

    Investing News Network
    Jul. 28, 2010 11:49AM PST
    Long Tail

     
    Stockhouse.ca reports uranium sector is reacting.
     
    A $4-plus rise in the energy metal’s spot price (to $46 per pound) has pushed almost everything in the uranium equity market higher. Precisely three years ago, uranium at $140 a pound) started its shedding act.
    Reasons for the reaction: 60 nuclear plants under construction: China, Russia, India, Argentina, even the […]

     

    Stockhouse.ca reports uranium sector is reacting.

     

    A $4-plus rise in the energy metal’s spot price (to $46 per pound) has pushed almost everything in the uranium equity market

    higher. Precisely three years ago, uranium at $140 a pound) started its shedding act.

    Reasons for the reaction: 60 nuclear plants under construction: China, Russia, India, Argentina, even the USA. Brokerage analysts and metals mavens see $55 uranium in the next two years. (Best recent research: Bloomberg.)

    For complete news, click here.

    For uranium stocks information, click here.

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