(1888PressRelease)
July 28, 2006 - SARASOTA, Fla., July 28, 2006 (1888pressrelease.com) -
FNArena financial news editor Rudi Filapok-Vandyck in a Guest Commentary for online news website StockInterview.com, wrote, “The uranium frenzy in the small corners of the Australian mining sector has all the ingredients to end in tears for many an investor – it most certainly will do so.” He added in his weekly musings, “The vast majority of today's explorers will never become a producer.”
The FNArena editor foresees trouble in how junior Australian uranium companies are valued, “If you're an explorer all the market seems to be looking at is the trend for the uranium spot price - to value your assets accordingly.”
Filapok-Vandyck blamed the China treaty signed this past April which “sparked the enthusiasm of investors.” He pointed out, “Truth is the treaty with China is not going to change anything in the short term. It might in the longer run.” And why is that? He wrote, “Because uranium is mostly sold via long running supply contracts. Everything that comes out of the ground in Australia today is already under contract. The first of these contracts are expected to come up for renewal in 2010.”
ABOUT STOCKINTERVIEW.COM
For the entire commentary on Australian uranium stocks by Rudi Filapok-Vandyck, please visit http://www.stockinterview.com/journal.html
Stockinteview.com is a rapidly growing online news service, which provides investigative reporting, editorial, analysis and commentary of the nuclear fuel cycle, uranium mining, nuclear power, the environment and the natural resource industry. Over the past three years, the Internet news website has covered the nuclear energy renaissance, the worldwide uranium mining boom and the potential influence of alternative fuel sources on China’s dramatic economic growth.
ABOUT FN ARENA
FN Arena supplies financial and economic news stories, analysis and commentary in the Australian and global financial markets. FN Arena’s motto: Passionate about Financial News. For Australian and global financial news, visit http://www.fnarena.com
Contact:
Julie Ickes
Editor, StockInterview.com
Telephone: (941) 929-1640
Email: editor ( @ ) stockinterview dot com
http://www.stockinterview.com
(SOURCE: StockInterview.com)
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