GREY:SXRZF - Post by User
Comment by
LouEon Mar 29, 2011 9:25am
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Post# 18354425
RE: Cameco CEO says nuclear future still sound
RE: Cameco CEO says nuclear future still soundexactly...all of this increase in production...is going to outweigh the supply. There will be no shortage as expected previously. If 10% don't get to build status, or even come in late 3 years.
There just isn't a bubble. u308 prices will never break 100 bucks, unless production is cut.
40 dollar U308 is a real long term possibility...because thats all its really worth. (unless they horde the supplies)
demand has changed by enough. Just watch that part of the equation change.
as for news stopping? I just read 7 articles that say things are worse than ever...so not sure where the alias guy gets this from. Google japan crisis under news...time frame in the last hour...and read it and weep.