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UR-Energy Inc. Message Board

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  • tennistocks tennistocks Sep 17, 2012 9:43 AM Flag

    Short interest

    10 days seems reasonable. I hope we hear something soon now that the 30 days have elapsed.

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    • Not much happening, maybe I'm stupid but there ar 50 reactors beeing built as we speak and Japan is hoping to have replaced "most" of it's Nucelar power BY2030!!!!!
      I stole this from an interview with a specialist
      "There are 433 currently operating nuclear power reactors around the world. Annually, they consume 177 million pounds (Mlb) of uranium. The world does not produce that much yellow cake. Last year, production was 130 Mlb. The gap is currently being filled largely by the Highly Enriched Uranium Agreement (HEU) with Russia and by other sources. As we approach the 2013 HEU Agreement expiry date, the supply/demand fundamentals will prove positive for uranium prices, and that will boost the price of uranium equities."

      The same report states"The U.S. has 104 operating nuclear power reactors out of the 433 reactors in the world. But last year, the U.S. produced less than 4 Mlb of uranium while consuming 55 Mlb."

      People should be buying this as if it was the last uranium stock on the market!

      Sentiment: Strong Buy

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