[ RadSafe ] Price of uranium

[Wright, Will (DHS-PSB)]

energy investors. most of us started looking at the powerplant investment around 2002 with the suggested shift to rad sources. slowed a little with the slowdown worldwide for rad energy plantss. those energy investors who invest in gold and pmgs were advised to do go to uranium last fall during the investor conferences and it has been the play for some time on the mine and base metals production angle because of reserves, lack of new sources etc. it is simple supply and demand. 

-----Original Message-----
From: radsafe-bounces at radlab.nl [mailto:radsafe-bounces at radlab.nl]On
Behalf Of Boing, Lawrence E.
Sent: Monday, March 21, 2005 12:40 PM
To: Jim Otton; radsafe at radlab.nl
Subject: RE: [ RadSafe ] Price of uranium


Jim and any others - What is driving the uranium cost to soar like this?

Larry 


Lawrence E. Boing
Argonne National Laboratory
9700 South Cass Avenue
Argonne, IL  60439

P-630.252.6729
F-630.252.7577
lboing at anl.gov
http://www.td.anl.gov/D&D/
http://www.orau.gov/ddsc/



-----Original Message-----
From: radsafe-bounces at radlab.nl [mailto:radsafe-bounces at radlab.nl] On
Behalf Of Jim Otton
Sent: Monday, March 21, 2005 2:30 PM
To: radsafe at radlab.nl
Subject: RE: [ RadSafe ] Price of uranium

Radsafers,

To avoid confusion, the price of uranium in the previous email is for
uranium oxide (U3O8)as produced from a uranium mill.

Jim Otton

-----Original Message-----
From: radsafe-bounces at radlab.nl [mailto:radsafe-bounces at radlab.nl]On
Behalf Of Jim Otton
Sent: Monday, March 21, 2005 7:44 AM
To: radsafe at radlab.nl
Subject: [ RadSafe ] Price of uranium


Radsafers,
Uranium is indeed selling at above $21/pound.  The "spot" price at the
close of Feb 2005 is $21.75 and the long term contract price is
$26/pound.
Operating uranium mines in the U.S. have gone from 2 mines 12 months ago
to
7 today with many more in start up mode.
Our small uranium group here has gotten about 20 uranium inquiries ove
the past 3 months.

Jim Otton
Energy Program
U.S. Geological Survey

-----Original Message-----
From: radsafe-bounces at radlab.nl [mailto:radsafe-bounces at radlab.nl]On
Behalf Of J. Marshall Reber
Sent: Saturday, March 19, 2005 10:45 AM
To: sandyfl at earthlink.net
Cc: radsafe
Subject: Re: [ RadSafe ] Japanese Gov't to distribute guidelines
forfirefighters on nuclear


> Uranium is selling above $21 per pound. It sold as low as $7.50 per 
> pound in 2001.

That's hard to believe!

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