GREY:SXRZF - Post by User
Comment by
308Uon Jan 11, 2011 11:56am
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Post# 17953917
RE: RE: Nuclear skeptic
RE: RE: Nuclear skepticActually, he is only skeptical of the U.S. more reactors to their current fleet. Most of what he said has been well documented. He says most of the new builds are taking place in China, India and Russia. I would add that there are many more countries building nuclear reactors then just the three mentioned. He also re-iterates the view that as soon as the secondary supply ends in 2013, uranium prices will spike. Very bullish on UUU, PDN and CCO.
Regarding news that china will reprocess spent fuel isn't a big deal because the demand for their new builds will leave them far short of what they may be able to re-process.
All in all very bullish....especially in 2013...my guess is the price will spike well before that because as you know the market react 6 months to a year ahead of time.