Forum Uranium Ltd. selected as latest Stock to Watch
Vancouver, Canada - BayStreet.ca Media Corp. (http://www.baystreet.ca), a leading financial information site has selected Forum Uranium Ltd. (TSX-V: FDC) as its latest Stock to Watch.
Article Excerpt:
Last week, Scotiabank economist Patricia Mohr forecast that spot uranium prices could bottom in 2012 and begin a substantial rise over the rest for the rest of this decade. Japan is back in talks to restart to restart its nuclear power initiatives with new proposals possibly coming as early as this month. Other major energy consumers across the world in high-growth markets, such as China, India and Russia are feeling the crunch of rising energy costs and may also be bolstering nuclear energy efforts in the near term to meet increasing demand. With pressures mounting, Mohr predicts that demand for uranium concentrates could grow from 173 million pounds in 2012 to 225 million pounds in 2020.
The complete Encore Forum Uranium Ltd. (TSX-V: FDC) Stock to Watch article can be viewed at:
http://www.baystreet.ca/articles/stockstowatch.aspx
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