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    market news

    Spot uranium price slips; exploration continues

    Melissa Pistilli
    Feb. 02, 2009 11:57AM PST
    Market News

    Uranium Investing News & U308.biz report uranium price slips to $48/lb u308. Ux reported that at least one seller dropped its offer price in order to attract buyers. Trouble is, for sellers, utilities are still happy using material from their well-stocked inventories. According to Ux, delivery times for uranium were also getting longer, with mid-term …

    Uranium Investing News & U308.biz report uranium price slips to $48/lb u308.

    Ux reported that at least one seller dropped its offer price in order to attract buyers. Trouble is, for sellers, utilities are still happy using material from their well-stocked inventories. According to Ux, delivery times for uranium were also getting longer, with mid-term delivery schedules preferred over immediate delivery options, thus, even though demand is present, it’s not on material for immediate delivery.

    For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to The Resource Stock Watch.

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