RE:China part 2Well...the writing is on the wall. If you don't think there is an enourmous bull run coming down the tracks sell Uranium and buy something else. If you do buy everything you can afford cos you are going to be very wealthy.
There is a massive supply deficit looming. There is less above ground Uranium than there was in the last bull run and this supply shortage is going to be severe. No new supply in the pipeline some existing mines ending production soon. Above ground supplies depleted and current supply does not meet demand...what more is there to say. At 3 bucks a share people will be saying why didn't I buy then. The time for 20-20 hindight is now..
Chinese are going to lock up every source of Uranium they can lay their hands on and that means it is not available for the existing fleet of plants. The fuel engineers will be scrambling to get their sticky hands on the crumbs the Chinese leave behind. Cameco CEO Tin Gitzel has already said CCO spends much of its time cultivating Chinese buyers...do you think their supply is going to be available to Japan after Tepco tried sock it to them...no way.
China, Russia India...that is where it is at. The rest will scratch around for what is left and pay $200/lb for it.
Buy when a commodity is out of favour. Uranium is about as out of favour as you can get except the fundamentals tell a very very different story.
Time to buy. If you do not you'll regret it. Times like these come along once in a lifetime.