GREY:UEXCF - Post by User
Post by
KansasCrudeon May 12, 2009 5:59pm
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Post# 15987868
BIG MOVE U
BIG MOVE U
More good news on the sales front, Spot U prices move to $51, up $5. Been in myself since late 2005, buying when ever I can afford to. I thought it was a fascinating story then at $4. Since then UEX has proved up 40,000,000 lbs of high grade, surface access U, and now in the proceses of proving up some deep U deposits at Shea Creek that at the very least rank up with any U resource discovered anywhere in the world. Now for some real crazy reasons totally unrelated to the fact that our energy consumption continues unabated albiet at slightly lower levels, the Bargain of the Century is available for a mere $1.38 USD., The U price is starting to reflect a belief the economy has stablized, but more importantly a re-focus on the very supportive supply demand scenario that continues to unfold. Good luck to the believers, the worm has turned.....
May the ride back up be as joyous as the one down was gut wretching.