The short answer is yes. Numerous supply and demand statistics clearly point to that conclusion. The real question is not will the uranium price will rise but when?
“Uranium is trading around US $30/lb,” said Peter Dasler, President and CEO of CanAlaska Uranium [CVV-TSXV; CVVUF-OTCQB; DH7-FSE] in an interview. “There is a lot of extra supply in the market because of stockpiles created when Japanese reactors were taken