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Lower spot prices attract buyers

Melissa Pistilli
Sep. 29, 2008 10:09AM PST
Market News

Uranium Investing News & U3O8.biz reports renewal of confidence in the long-term outlook for uranium. Looking back at the weekly Toll Cross uranium update, we also see that a number of uranium stocks actually had a decent run compared to this time last week. Part of that success was surely attributable to Washington’s planned US$700-billion bailout …

Uranium Investing News & U3O8.biz reports renewal of confidence in the long-term outlook for uranium.

Looking back at the weekly Toll Cross uranium update, we also see that a number of uranium stocks actually had a decent run compared to this time last week. Part of that success was surely attributable to Washington’s planned US$700-billion bailout of the country’s financial sector. The good news buoyed all the major markets, and it was enough to boost the Toll Cross Junior Uranium Index by 15per cent to 215.23 from 187.23.

For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to the Resource Investing Newsletter.

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