OTCQX:PALAF - Post by User
Post by
buff_44on Apr 09, 2007 7:45am
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Post# 12568967
From todays news release/liscence
From todays news release/liscenceIt should be noted that TradeTech in its weekly nuclear market publication has reported the uranium spot price for the week ending April 6, 2007 rose to US$113/lb U3O8. This is the largest single increase since uranium prices were first reported by NUEXCO in 1968.
It is of great significance therefore that a vast majority of Paladin's production to 2012 and beyond remains uncommitted and still available for sale at a time of unprecedented uranium shortage. This will add significantly to strategic development, acquisition and marketing opportunities already available to the Company.