GREY:SRSIF - Post by User
Comment by
wildkydon Mar 15, 2007 2:22pm
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Post# 12424982
RE: u now $91.00
RE: u now $91.00Talked to one of my contacts this morning. He was talking to Jeff Combs yesterday (president of UXC which is THE uranium consulting company) and he said to expect lots of volatility (read: higher prices) in the coming future. My contact, who is hosting a uranium conference in Switzerland in a couple of weeks, expects the price to reach $200 - $300 /lb. in the next 3-5 years.
What would that do for RSC with 50 million lbs of U308? (just thinking out loud here)
- the Kyd.
BTW - Nickel at $22/lb. today is now a precious metal.
My picks - LBE, BLV, SFR