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Nufcor: A route into the Uranium Price (NU.)     

steveo - 27 Sep 2007 13:26

After recent weakness in the price of uranium, partly due to a sell off by several governments, and also as it overan itself through speculation. However the fundamentals are still there, nuclear plants are set to increase dramatically, ex-warhead stockpiles are reducing rapidly, oil is likely to continue to rise and mining is falling behind demand. Nufcor is basically a reflection of the uranium price as it is a holding vehicle for actual metal. Have included a chart which I beleive summarises the potential. Chart.aspx?Provider=EODIntra&Code=NU.&Si
u308-chart.gif

steveo - 19 Jan 2008 09:16 - 14 of 17

Or Not....had expected weaker dollar to influence price, should do eventually. As long as the trend line holds, if drops any further to 280 will be good time to get in.

lelael - 20 Mar 2008 14:34 - 15 of 17

Big drop today, 252 now, anybody know why?

lelael - 09 Jan 2009 14:57 - 16 of 17

This is certainly moving in the right direction, should anybody be interested.

mitzy - 09 Jan 2009 21:34 - 17 of 17

I will keep a watch on it.
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