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Uranium Resources, Inc. (URRE) Message Board

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  • FIGHTERPILOT FIGHTERPILOT Oct 21, 2010 10:45 AM Flag

    Nice Seeking Alpha Article

    YEP , this belongs to the longer term potential for Uranium. A shorter term spike might come when the 40% intended cut of rare materials by China are being felt. Japan and Germany are already in a crises mood about it. China the main producer of rare materials has us now on the balls and own resources can get more and more important rather fast.

    This is the wild card. New resources can be discovered , but it takes a long time to get production rolling.

    China says now, they have to preserve their resources , they cannot produce any longer those large amounts, they will run out in 15 years if they do not cut back.

    Japan for sure feels, there are other motives too.

    This situation about rare materials from China can teach us a lesson in regards to Uranium.

    I hope we learn.

 
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