Resource Investor - Uranium - Still Time to Get in on the Uranium Boom

Still Time to Get in on the Uranium Boom: "Often called %u201Cthe original uranium bug,%u201D Dines drew a bullish picture of the market - driven by a growing supply deficit as more nuclear plants coming online. Utilities %u201Cneed uranium right now,%u201D he said.

Currently, 443 nuclear reactors operate worldwide, consuming 180 million pounds of uranium annually. Primary supply makes up about 61% of total supply with secondary supply making up the balance."