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'Uranium prices will go to $80-90 a pound in 2009'
"I’d be happy with uranium at $80 or $90 a pound. I would say that we will make a lot of money and many producers will be very happy. We don’t need it to go to $150 and $200. And, you’ve got to remember, the price of uranium per pound—the flow through, the cost to the end buyer—does not really directly impact them," says Sheldon Inwentash, chairman and CEO of both Mega Uranium and Pinetree Capital. Read News
