“There’s Not A Lot Of Uranium”

Nuclear energy’s revival can best be seen in uranium, which outperformed the metals markets in 2005 and may do so again this year.

Uranium is poised to climb 27 percent to $50 a pound in the next six months because “there’s not a lot of uranium available,” said Jean-Francois Tardif, who put 8.4 percent of his C$300 million ($259 million) Sprott Opportunities Hedge Fund LP into uranium…

Uranium last year gained 76 percent, beating all but one of the 19 commodities in the Reuters/Jefferies CRB Index. Only sugar jumped more…

[Link -> http://www.bloomberg.com/apps/news?pid=10000082&sid=ag5rXrCA9E_s&refer=canada]