Uranium Interest growing - Daily

Uranium prices up from $15 a pound in 2002 to almost triple that in 2006 - coupled with the following info:
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The Nuclear Regulatory Commission says U.S. utilities are looking at building as many as 27 reactors, and it just licensed a $1.5 billion uranium enrichment plant near Eunice, N.M., where a groundbreaking was held Aug. 29.

The nation's 103 operating nuclear power plants already are operating on dwindling stockpiles of uranium — some of it converted from Russian bombs — while energy-hungry China and India are rushing to build their own nuclear power plants.

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This is a great story for Newfoundlanders and Labradorians as we head into the Uranium playground.

Rising demand for nuclear power is expected to revive prices.