Uranium Bull Market Far From Over: Financial News - Yahoo! Finance: "A spike in activity often comes at the top of a bull market cycle or before a long consolidation period in prices. From this point of view, there seems to be a number of warning signs emerging in the uranium sector:
• Uranium futures started trading recently on NYMEX, recognizing uranium as an important commodity
• Global Uranium Fund and fund warrants (AMEX: GUR - News) were recently unveiled
• Prices for yellowcake have risen steadily for 47 months without a single downtick, and now uranium prices have finally had a hiccup falling by $3 per pound.
• The RSG Uranium Index is up over 100% and the Exploration II Index is up about 300% over the last 12 months
• At same time, a merger and acquisition wave arrived in early 2007 and the stocks started to turn sharply down in May"
Monday, July 9
Uranium Bull Market Far From Over: Financial News - Yahoo! Finance
