Palisade Research - Wed, Dec 14, 2016

Uranium Up 9% Last Night To $20.62/lb

picture of uranium yellow-cake

Last night uranium posted another $1.68/lb gain, reaching $20.62/lb, an increase of 9%! This strong move brings uranium prices back to October pricing, when prices began its descent to $18.00/lb levels.

line chart of uranium price per pound performance since October

In the past two days, prices have increased 12%, which is a strong signal to us that there is finally life in the once sluggish sector. Last week, we were the first group to call The Bottom For Uranium Stocks Is In! Our timing may have been perfect on this one.

Stay tuned, we will be sending out an email tomorrow morning with a very special announcement.

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