Near Term Rally to $70 Uranium is PossibleCameco approaching a new year high price.
Getting a strong impression that Sprott Uranium is about to make another significant Uranium purchase.
The scramble is ON for "physical" Uranium supply.
For instance,
"Kazatomprom, the world's largest uranium miner, announced plans to launch its own uranium fund in Kazakhstan. The prospect of another fund joining Sprott to scoop up the commodity from the market triggered a frenzy of buying activity in uranium stocks".