U3O8 Uranium.

**Kookaburra** · 27-09-2006, 03:37 PM

Our 19th century world was dominated by coal. Our 20th century was dominated by oil. It is our firm belief that the 21st century will not be dominated by oil. It will be dominated by electricity; and oil will become a marginal energy. This simple truth might help explain why, since 2001, uranium has not had a single down month, and since 2003, uranium has never traded down for even a single day, regardless of what was happening to oil prices.

[ http://www.investorsinsight.com/imag...6/image002.gif ]»

**Mothman** · 29-09-2006, 03:03 PM

Hi as a possible new investor in Australian Uranium companies both pure play and/or diversified, can sharetraders recommend companies to invest in and please state your reasons?

I have heard of PDN & SMM and I know BHP has Olympic Dam.

The reason I want to invest is bullish forecasts for Uranium price

**stolwyk** · 03-10-2006, 08:13 AM

Uranium pricing: Utilities vs producers:

http://www.stockinterview.com/News/1...6/Platts1.html

**stolwyk** · 03-10-2006, 10:02 AM

SPOT: Up 1.75 to US$55.75:
http://www.uranium.info/

Quote:
"In the Market ...
Although total transaction volume in September was lower in the spot uranium market compared to August, the spot uranium price continued to climb due to a lack of supply. A US producer concluded another auction of 100 thousand pounds U3O8 at the end of September. Many sellers continue to seek market-related pricing terms for spot delivery and buyers continue to show a willingness to raise bid prices in order to secure supply at fixed prices.

The buyer mix remains diverse, with utilities, producers, intermediaries, and speculators seeking market purchases. Long-term uranium demand remains strong and continues to exert upward pressure on the spot uranium price. The spot uranium market is expected to remain active through October.more..."

**stolwyk** · 26-10-2006, 12:56 PM

Cameco Says Uranium-Mine Flood Worsens; Shares Plunge

http://www.bloomberg.com/apps/news?p...d=a85BftJZS484

**stolwyk** · 30-10-2006, 03:27 PM

Price: $60.25 (+$4)

- WORLD EXCLUSIVE -
Interview with TradeTech’s Gene Clark
“Not Much Breathing Room Left in the System”

http://www.stockinterview.com/News/1...ium-price.html

**stolwyk** · 30-10-2006, 08:21 PM

This won't be the last increase in price. My prediction was for $68 in May 2007 and we are already nearly there!

Reports from Cameco are not good. Apparently, the underground system is too brittle and hence the collapse.

There is radioactivity further down as well and I don't know the outcome with the mine flooded. We could get radioactive water.

It won't be a quick repair that is assuming it can be fixed with that water pressure coming from outside the mine.

Apparently, their contracts are full of holes leaving them entirely free to supply or not to supply by claiming it to be an act of God.

Whatever, there is every incentive for the operating and the yet to be built nuclear powerstations to *** keep a stock of Uranium *** for future use so as to be certain it is there when wanted.

The risk factor of not having enough U has risen. This must affect future pricing in the weeks, months and possibly, years ahead. Stocks of U are being taken out of circulation by these operating nuclear facilities and this is added to stocks taken out for investment by Funds and more stocks needed for the already sharp upgrade of wanted new nuclear power plants. Hoarding galore!

Gerry