GREY:XEPRF - Post by User
Post by
lawnmoredanon Jun 08, 2007 8:56pm
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Post# 12917349
XE
XEAs I stated Xemplar I feel has held up well under the Pressures put on the market as of late by falling gold prices( I thought was going to rise).Many other junior uraniums have not faired as well and are at bigtime lows.The biggest thing still over hanging the uranium market is when and how much uranium the US.DOE is going to sell and when.Many fear,depending on how much uranium they put up for sale,how the many hedgefunds holding physical uranium may react.Will they jump in as well? This is a very real threat to junior uraniums,who many already have had there share prices pumelled.The word junior is refering to companies with no N-43 proven amounts of uranium on there balance sheet.Yes Xemplar is a junior,like it or not,(although one of substance))and even it is not immuned to excessive amounts of uranium hitting the markets.All is well for now,but things can change quickly.Be advised-https://www.nuclear.energy.gov/pdffiles/proposeddoelturaniumsalesstrategyindustrypresentationaug%204th2006.pdf