http://www.uxc.com/products/rpt_umo.aspx I noticed uranium futures have almost completely recovered with short term futures actually surpassing past valuations. I expect spot prices will increase a lot earlier than expected as the UXC report suggests. I would buy and hold for the 1.45 target, but if spot prices reach 70 dollars and higher 1.45 will seem to be a very low target. URI could hit it big with its current mining effort in Texas. If futures chains break above 55 the payoff could be very lucrative indeed. Areva's estimate is way off as suggested by the latest report from the UXC. The current price for URRE is down in my opinion from financial institutions selling the shares down between each other to shake out and unnerve any potential holders of URRE stock.