Uranium May Rise to $250 in 2008

Bloomberg.com: Canada: "Uranium may more than double to $250 a pound next year as demand for the nuclear fuel outpaces production, according to SXR Uranium One Inc...``We'll see resistance at around $200 to $250, where utilities will take some pain,'' Neal Froneman, Toronto-based SXR's chief executive officer, said in a May 11 phone interview from Johannesburg. ``Within a few weeks, you'll see it go to $130'' and $150 later this year, he added."