Mines

2888 days ago

Uranium is set to go boom ..the next big thing

I am not sure about that although I am a shareholder in, still cheap, Berkeley Energia (BKY) so hope this is the case. Anyhow, this week's podcast from Amanda Van Dyke's colleagues at Palisade Capital is with George Glasier who argues that increasing worldwide demand for uranium cannot be met by existing supply. Taking a new project into production is a tedious process meaning supply crunches are inevitable. The current price is so low that mines have been shutting down. This comes at a time when nuclear power plants are being built at incredible speed. That is the bull case...enjoy.

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