Uranium spot price, page-480

HOUSTON,WE HAVE LIFT OFF!
.....probably.
The straight line relation ship of price and time within a narrow channel has been broken,and unless this is a false break-out,the price -time relation ship for the Ux price has started to become parabolic.
-no panic at this stage but producers start to look at their inventory
-Ux space companies start to wake up their chairpersons (aka Pierpont's Sir Mark Tyme)
-a few more of the general financial newsletters get into the act
etc
but this is looking like a good Elliot Wave 1 which means wave 3 will be huge and the final wave 5 will be unbelievable.
Not much action on the AIM.....don't really care...let them save their attention for the Vanadium Float

The possibility of a false break out was mentioned.Unlike gold where such tricks are not uncommon,the market players are a different group and unlikely to be engaged in such tricks.....there's just too much at stake as although the Ux spot is not an indicator of long-term contracts,it is linked to physical supply and demand unlike gold and silver futures that are based on paper,not the physical.