Uranium Heats Up

Source:

Uranium bulls are snorting and stamping the ground as world prices rise towards the $US100 a pound level.

Uranium bulls are snorting and stamping the ground as world prices rise towards the $US100 a pound level.

The bullishness will have a chance to be expressed publicly later this week at the Paydirt 2007 Uranium conference to be held in Adelaide on Thursday and Friday of this week.

The conference will be held against the backdrop of the firming world price; the changing debate about uranium thanks to fears about global warming; the small shift in sentiment in Australia as the Howard Government has pushed the idea of nuclear energy, and of course some corporate activity such as the Paladin merger proposal with Summit Resources.

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