RE: Trigger Event/littleguy123You wrote "There is ABSOLUTELY NO INDICATION that U308 production is currently keeping pace with this expansion "
I am sure you agree that the rate of production on the average will increase much faster than the rise of demand untill let say 2013, due to all the neartermers including Uramin, Khan, Ure Energy, Powertech, Energy Fuels, Uranium Power among others, and growing companies such as sxr, Paladin, Denison andy many others already producing. Only the few companies I follow (i e Denison, Paladin exkluded) could account for over 40 million pounds production increasement together by 2011-2012.
But since the gap production - demand now is HUGE that deficit will probably not be ceroed by 2013 or even later, and the TOTAL supply may ALSO have trouble to meet demand after 2013 when seconday sources like nuclear arms uranium is forecasted to decline fast, as a source for fuel for nuclear plants.
So long term investors can probably take it easy and keep the cheapest near termers like UMN, KRI, PWE and EFR which I prefer (and GEM as a POSSIBLE gem).