Topic: Uranium — November 2nd, 2007
Just as the charts are being updated to reflect a price for uranium of $85/lb its ‘hold the front page time’ as the price could be even higher.
According to Bloomberg the price is $90/lb in an article by Yuriy Humber referring to TradeTech he writes:
Uranium oxide concentrate for immediate delivery, used to make fuel for nuclear power plants, rose to $90 a pound, from $84 at the end of last week, Denver-based pricing service TradeTech LLC said yesterday. The metal has jumped 20 percent in a month.
The advance “gained momentum as news of production shortfalls made its way into the market,” TradeTech said in a report. That “prompted sellers to withdraw from the market.”
Quelle: www.uranium-stocks.net/uranium-now-at-90/#more-601
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