InvestorIntel: Dr. Spencer on a rising uranium market?

Dr. Richard Spencer was interviewed by InvestorIntel to discuss the changing tides in global uranium markets.  The interview is now live, below is a short but telling excerpt…

“The uptick has been in the last couple of weeks. There is a certain excitement in the market. It started late last year with Cameco and the Kazaks taking almost 15% of world production off the market. Since then there have been a couple of other transactions that have taken about 30% of uranium supply off the market. The market is just starting to react. For the first time we are starting to see an uptick in the uranium price that I think is going to be sustainable.”