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Message: Nice recovery

Nice recovery

posted on Feb 22, 2008 07:04PM

It's been a good past week or so for Denison. The price had dropped so low it was just getting silly. Now that the spot price seems to have stabalised (for the time being at least) I think we can expect a recovery to around the $10 price within a short time period.

After that I think it will depend on the price of Uranium and the uptake of new reactors by the US, China and others. With the world shortage and depleted stockpile of 'old' uranium then this still looks like a great story.

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