Antinuclear

Despite the nuclear/uranium lobby’s hype – uranium price continues its downward plunge

Spot Uranium Drifts Downward.  by Melissa West, Uranium Researcher, 13 March 12 Uranium Investing News, Platts reported spot uranium prices are continuing to drop at a slightly faster rate than earlier this year. As quoted in the market news:

TradeTech on Friday lowered its weekly spot price to $51 a pound U3O8, a drop of 80 cents/lb from TradeTech’s price March 2. TradeTech said the drop was due largely to a lack of buying interest and “aggressively priced material offered by one motivated seller.” http://uraniuminvestingnews.com/10910/spot-uranium-drifts-downward.html

March 14, 2012 - Posted by Christina Macpherson | Uncategorized