Why I Continue to be a Uranium Bull
Small Cap Investor Blog(Editorial) reports on uranium sector and uranium prices
Small Cap Investor Blog(Editorial) reports on uranium sector and uranium prices.
The editorial is quoted as saying:
For instance, as you can see in the uranium spot price chart below (data courtesy of Capital IQ) the price of uranium quickly moved from $63 per pound to a low of $49.75 shortly after the catastrophe occurred in Japan. Since the low was established two trading days after the Japanese disaster the spot price has bounced back 18.6 percent, to $59 per pound.