GREY:UEXCF - Post by User
Post by
dodger119on Mar 15, 2011 4:48pm
242 Views
Post# 18289739
demand
demandUnfortunately the demand equation has changed dramatically because of these events. Potential reactors all over the world will be postponed and several older reactors are not being extended. I doubt UEX as " UEX' will now ever produce a pound. The cost of capital for exploration companies will skyrocket and lower prices will prevent most of them from going into any production. It will get taken out but not aqfter more heavy dilution and todays price may look like a premium. The upside is that if there is any rebound in the sector, it will be with existing producers. Note that UUU, DMLO, CCO and PDN all closed significantly higher than their lows. UEX was + .01. SAYONARA, AND GLTA.