RE:RE:RE:RE:Greet I agree with you in 2007. I was lucky enough with trades in SXR and DML. Lucky enough to hold PXP to this point. Got hammered PDN and a few junior explorers. Again you win some and you lose some... That is life and the stock market.
I believe there are many catalysts at work that make me believe that in the long term Uranium will be higher,
1) End of Megatons to Megawatts program.
2) Reactor new builds, especially in China, Russia, and India.
3) The amount of new builds planned around the world.
4) The depressed market is actually currently suppressing exploration and new builds.
5) The time to permit and reopen mothballed or shutdown mines will slow the influx of uranium into the market. I know first hand how long getting anything done in this industry takes.
6) Restarts in Japan will help
7) China's desire to solidify uranium resources to power their reactors for decades to come. Just look at their investment in PDN.
8) It appears Russia's desire to keep a tight grip on their uranium resources.
9) Failure of a major mine similar to Cigar Lake's problem in 2007.
Of course there are risks, there always are, such as another nuclear disaster like Fukushima and the falling cost of alternative energy sources. But I believe in the long term the world needs more energy, especially as China and India grows, and Nuclear appears to be the energy of choice.