One Viewpoint
Was just reading the JNR board and came across this post from CrazyInvestor...
If China Uranium Corp has been talking to Cameco it may lead to other things in the area...
Would RSC and CBP benefit somehow? Who knows for sure at this point.
So for what it is worth I paste his post to this board.
A positive view which I like.
China is looking for Canadian uranium takeovers and supply
agreements that range in value from several hundred
million dollars to more than one billion dollars. Chinas National
Nucular corp, have met with counterparts from Cameco.
So how will this effect the spot price of uranium !!!!!!
In my opinion , this will be the start of a new run up on the
spot price. When China commits to a large chunk of the world
supply of Uranium , the other countries will panic. China is thinking
a head and they will stock pile as much for themselves as they
can.
I do not think that Cameco / Denison will ever be a hostile take over
but can see a lot of uranium being sold to China from the two companies.
China national nucular corp. could buy up to one billion dollars worth of
uranium. This came from their mouths. This is a lot of supply taken of the
plate. Everyone will want a peice of the pie and there will not be alot to go
around. no supply / lots of demand = Greed
If China , buys like they say they are , then I see interesting times ahead.
How JNR plays into things we shall only see.
I predict things to get a lot better - sooner than later