Value Collector
Have courage, and be kind.
- Joined
- 13 January 2014
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The biggest risk to the price of Uranium in the long term is the USA policy on reprocessing spent fuel.Unless there's a nuclear accident this looks like it has some momentum.
Ordinarily, I'd say this needed a 'healthy correction', or consolidation, but having surfed the 2005-7 ish wave, I know these things have a nice tube to ride. Until the wave hits the reef.
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There is a growing stock pile of Nuclear waste in the USA, most countries use their spent rods to make new rods, but the USA doesn’t do this, if they ever start it will be a huge amount of supply come onto the market.