This weeks auction resulted in a continued cooling of uranium prices, down another 75 cents to $35.50 per pound.

We got the sense that the NPSP deal was about to conclude just as POU reached the top of it's recent price spike. Now the price is off some 20 percent from just several weeks ago - back to the late summer trend line. That trend line, by the way, is about within the range shown before the major fall that began last March.

So, are we at the bottom, and what does this mean for NPSP. ...not looking good, IMO. However, and having said that, the deal seemed to be on at these levels earlier, so who know?