Without question the new numbers about NG resources have spooked investors betting on nuclear power for the future, so we are clearly seeing a cool down trend.
I am also a big NG fan and have invested in NG resources and pipe lines, but as we come hopefully out of recession NG still has to live up to the present hype of future low prices and plenty resources.. There are also environmental issues with NG.
But for sure Natural Gas is the one to watch as an uranium investor.
Diversify!!!! Never a good idea to have too many eggs in one basket.
My main holding in pipelines is EPD. I just did not think that I could do better than the old Chairman of EPD who picked the pipelines as his favorite investment field after all his livelong oil and gas experience. He left over 5 Billion to his kids and started with nothing. Great guy and great MLP.
There is no question that carbon based fuels will be the backbone of modern industrial grids for the next seventy five years. However the dynamic for uranium remains bright and compelling. The Chinese, Indians and others are making huge nuclear capital investments. Those plants will not sit idle. They will be fueled and even more uranium will be stockpiled. As we speak the markets are being strained and there is signifigant upward pressure on the spot market. Eventually we will even build more nuclear plants in the US.Be a bit patient and you should see a nice return on these investments.