Lou Paquette: uranium positive supply & demand

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Thu, Feb 26, 2009
Uranium Market News
Post by Melissa Pistilli, Uranium Reporter

The Energy Report(Editorial) reports Lou Paquette’s commentary on the uranium markets and companies that are well positioned to take advantage of this market.

If you look at just uranium itself, I am told, and my understanding is, that the supply and demand fundamentals going forward are very positive, that theres going to be more demand than there is supply in the coming years. But on top of that you have to put the price of oil. It seems like with the renewables, with the green stocks and with uranium, there seems to be a pretty strong correlation. When oil goes way up, you find that uranium kind of follows. So, youve got to take that into account as well.

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