Skip to content
September 11, 2012 / Jeb

Undervalued Uranium Miners About To Reverse Higher

Japan’s devastating disasters last year derailed some growth in the nuclear industry world-wide, but demand for uranium is poised to strengthen after the nation that fed doubts over safety approved its first restart of nuclear reactors since the catastrophe.

“Stealthily … developments in the nuclear industry are moving ahead,” said Jeb Handwerger, a natural-resource analyst and editor of GoldStockTrades.com. “Homage was paid to Fukushima,” but it did not deter companies in the nuclear power industry “from continuing the development of nuclear energy.”

…The 1993 “Megatons to Megawatts” agreement also expires at the end of 2013 and that will likely cut into supplies, analysts said…

“Were it not for the Russians supplying uranium to the U.S as part of the ‘Megatons to Megawatts’ arrangement … we would be experiencing major power failures,” said Handwerger of GoldStockTrades.com, which offers a newsletter that covers small-cap uranium equities.

“Megatons to Megawatts’ refers to commitments by the U.S. and Russia to convert nuclear weapons into fuel for electricity production, according to the WNA…

Click here to read full article…

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: