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Denison Mines: A Play on Escalating Uranium Demand

Posted on June 26, 2008

After a long illustrious run, uranium producers have been hit hard as the spot price has decreased significantly. Many of them are selling quite cheap with respect to forward earnings as we are in a period of increased production.Even though uranium prices have fallen significantly, it still sells at a large increase to prices of just five years ago. Expectations going forward are that countries with no exposure to nuclear will obtain the technical know-how, and those that have it will increase what they already have....

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earnings , nuclear , spot price