The price of uranium cooled a bit further this week, ending at 39 dollars, off 1 dollar from the previous week.

This suggests to me that the earlier loss of 4 dollars per pound was an abberation in a trend - too much too soon.

Markets never never go straight up, or straight down, but uranium had been consistently up for around 20 weekly auctions in a row. That is may have hit a bump can come as no surprise, and this does not have to mean that trend has reversed. This could as well be a healthy sign for a market still in an overall up trend.

...looking forward to next week's numbers.

VP