|COMMENT||$16.370||UNKNOWN||NORTH AMERICAN - LARGE||No|
There has recently been a rally in uranium stocks. The general impression is that uranium prices have probably troughed at the $20 spot level. There is no near term catalyst to get the prices going up. It is unprofitable at this level for mines to be producing, and mines have been shutting down. Nuclear reactors have been very slow to start up with very weak demand for uranium.
CEO & Managing Director, GlobeInvest Capital Management