Nuclear Power | Uranium Stocks Set To Soar

This is short and to the point! Solar, wind and every other so called clean energy system so far developed or on the ‘to do’ list will not ‘cut the mustard’ in making up the world wide electrical power shortfall as carbon fuels are either phased out for political reasons or simply as resources become scarcer. Read more

Uranium Stockpile Held by Bankrupt Bank

The collapse of Lehman Brothers investment bank last September sent shock waves around the financial world and heralded the public awareness of the recession that has continued to worsen.

The media left us in no doubt that the reason for Lehman’s demise was due to the $60 billion of toxic assets held by the 158 year old bank.

Now the news is that Lehman Brothers also held a stockpile of around 450,000 lbs of uranium, the result of a commodities trading contract, gives a whole new slant on the much used expression ‘toxic assets’. Read more

Uranium In Favour With The Japanese

It has been some time since there has been any positive news that has given encouragement to investors in Uranium and its miners.

With the spot price dropping like a stone in the last eighteen months before stagnating around $47-$50 a lb.the news that a Japanese industrial & financial corporation has paid a 14% premium over the current share price for a near 20% stake in Uranium One Inc.may herald long overdue renewed activity in the nuclear sector. Read more

Uranium Prices To Remain Volatile For This Year

Uranium Ux308 spot market price stays around US$47 per lb. A spokesman at the mining conference in Cape Town suggests that uranium prices will remain volatile for the remainder of the year.

Peaking at over $130 per lb. in the middle of 2007, heavy selling by hedge funds taking profits as they struggled to gain liquidity to meet redemptions was a significant contributory factor as the price fell dramatically throughout the following eighteen months. Read more

Uranium and its Growing Potential

A few short weeks ago we published an article discussing the potential for Uranium.

The price then was $60 per lb.

Today the price has hit $85.00 per lb!

Read more