Sprott Asset Management uranium expert Kevin Bambrough talked with us about the second leg of the current uranium bull market. He sees a massive nuclear build up heading our way with the environmentalists leading the charge. He said many price projections may be inaccurate because people are underestimating future demand.
UxC President To U.S. Utilities: Buy American
Summary: In the face of Asian competition and possible supply shocks to the uranium market, UxC president Jeff Combs urges U.S. utilities to support the expansion of production in the United States. He believes theres a good chance for $50/pound uranium this year. Any shock to supply could send prices much, much higher.
StockInterview: How would you sum up the uranium market right now?
Jeff Combs: Theres a very tight supply/demand situation that exists now for del…