industry in troubleI just read the last press release about the indefinite suspension at McArthur & Key. This industry is so screwed up now it is cheaper for CCO to buy uranium on the spot market than produce it themselves from the best uranium mines in the world. Cameco expects to produce 9 million pounds, has firm commitment to buy 5 million and is going shopping in the spot market for 11 million more. Cameco is therefore producing only about 35% of the uranium they are selling... pity the juniors that think they can trick investors into thinking they can build mines and make money at these spot prices..