I did not hear/read anything about an explosion of mining requests when uranium prices were around $136.00 per pound back in July of 2007. It has been almost a year since the spike, the market must be more accurately signaling that Nukes are here to stay.
Which is a good thing.
Although I will admit, that uranium mining does produce green house gases, while generating power from it does not. So that is a legitimate concern. As are the general environmental concerns that go along with any kind of mining operation.
Sunday, May 4, 2008
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