Spot Price

DNN is an excellent play going forward. Due to the move from $40/lb to the current $62/lb, this stock has been moving quickly. All the E and P uranium companies can make money at or around this price. Also, take a look at where uranium was before the bubble. The all time high is $137/lb, and barring bad news, I would say paying $100/lb is possible. Since one pound of uranium can produce the same amount of electricity as 20000 lbs of coal, it is likely price appreciation will happen soon. Also, countries are already buying up as much spot price market uranium as they can while the price is still low (China, India, and Russia). Since it is an item very difficult to store, we will probably continue to see countries by it as opposed to private investors. Lastly, nuclear plants can take 4 years to build, but the fuel will need to be purchased ahead of time, to make sure they can get it for use when their plants come on line. DNN is a buy here, as is URRE, FRG, UEC, URG, URZ, CXZ, and CCJ.