uranium: like gol was 10 years ago, page-116

AverageJoe, you have answered your own argument there, many uranium miners are dead or dying...they can't mine (let alone survive) at current 'U' price levels. No matter what future scenario you see happening, one thing is clear, demand will grow and supply will diminish while 'U' pricing remains at this level. Even with the growing solar and gas energy industry, uranium has a large part to play with base load supply. Energy demands in countries like China and India will grow exponentially as their massive populations are brought into the 21st century. Developing countries don't care about what's fashionable as far as political correctness goes, they need a solution to massive energy needs and equally massive pollution problems. If China openly says it is building 30 new reactors, you can bet it is planning to build a whole lot more....why do you think it has been stock piling uranium?