Tuesday, December 11, 2007

Canadian Research Analyst Forecasts Severe Uranium Supply Crunch For Next 10 Years

Uranium to Head North of $500/pound?
Rising Uranium Price May Consolidate Exploration Sector, Driving Intense Takeover Activity
Legendary stock picker James Dines recently compared uranium stocks to the high-flying net stocks of the halcyon days of the Internet expansion era. While the much-hyped and fleeting Y2K crisis never materialized, the U.S. energy crisis for highly sought uranium has been developing for more than twenty years. Still early in the current bullish uranium cycle, investors are scoring triple-digit returns on what some are calling a ?renaissance in nuclear energy.?
Nearly 2 billion people across the planet have no electricity. The World Nuclear Association (WNA) believes nuclear energy could reduce the fossil fuel burden of generating View the rest of this article


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