Guidance For Investors To Get In On Hot Uranium

Source:

...With conditions likely to remain tight in the uranium market, TD Economics expects the spot price to hold on to recent gains and move a little higher up to $90 (U.S.) by year-end.

Investors have fallen in love with uranium stocks, judging by the hot and sweaty market action in recent weeks.

What's going on? If you're just waking up to the uranium story, here's some information to help you get up to speed...

China recently signed an export agreement with Australia to receive 8,000 tonnes of uranium a year and said it wants to build two new nuclear plants a year.

The long-term demand has pushed uranium's spot price from $10 (U.S.) a pound in 2003 to $75. Uranium mines can take years to come into production...

With conditions likely to remain tight in the uranium market, TD Economics expects the spot price to hold on to recent gains and move a little higher up to $90 (U.S.) by year-end.

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