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Message: POU (Price of Uranium) >>> ON FIRE <<

The spot price of uranium spiked two bucks, and lit a fire under stock prices for producers. If the trend, which began last May at 28 dollars, continue just another month or two, maybe we will see some near term action on NPSP after all.

Monday's auction closed at $36.75, but later moved to 39 dollars per pound, according to MineWeb this morning. This marks a change of 39+ percent since early May.

http://www.mineweb.com/mineweb/content/en/mineweb-gold-news?oid=259144&sn=Detail

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