The best thing about low uranium prices is that they greatly enhance one’s ability to take over world-class deposits that were discovered prior during increased exploration thanks to high uranium prices.
The stubborn spot price of uranium has frustrated market watchers for the past year. As most long-term contracts have been made at higher prices, astute investors have been slowly moving into the stocks of uranium producers and explorers in anticipation of a move expected in 2014.
I know you may not find nuclear power or uranium mining exciting, but it could be the greatest area for growth over the coming decades. There are the five reasons uranium miners and the spot price could soar.
So much for the lessons of Fukushima. Never mind oil spills, the Russian Federation is preparing an energy initiative that, if it has problems, will inject nuclear material into the maritime environment.
Four months ago I warned my readers that the uranium price could breakout because of the rise of terrorism and radical extremism in West Africa. This past week there was a suicide car bombing on a French uranium mine in Niger.
Anti-nuclear power sentiment has by no means evaporated, but Marin Katusa sees clear signals that the bulls are ready to run, not least of which is the recent attack on the Somair uranium mine in Niger.