33 days ago • Posted by Martin Boujol
Uranium stocks soared yesterday
National Atomic Company Kazatomprom, the world's largest uranium producer, was in the headlines. Yellow Cake PLC, betting on uranium prices, exercised a $100 million purchase option with the uranium company, and said they were planning to buy more if good opportunities would arise. People are going crazy for uranium, with many producers and funds entering the spot market at the same time.