Answers - Finance

BALTIMORE, MD -- Uranium stocks are looking hotter than ever and are poised for a new speculative burst as demand is set to outstrip production.

The spot price for

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

uranium is now trading at a two-decade high of $72 per pound. Current spot prices, which are up nearly 800% over the past ten years, have nearly doubled from $36.25 a pound last Ja

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

nuary as hedge funds and other financial investors have snapped up the commodity in anticipation of supply shortages amid increasing demand from energy producers.

Worries over futu

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

re supplies are growing among the investment community as 251 new nuclear reactors either being built or planned compared with the 442 in production.

In fact, from what we hear, it

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

will take 20 to 30 years to ease the uranium supply/demand pressure because there are simply not enough new mines or production.

For the past two weeks, uranium prices have remaine

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

d flat. But on the week of December 25th, uranium gained $6.50 a pound, the biggest weekly gain in over 20 years. This gain came after reports of an auction, on behalf of U.S. urani

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

um producer Mestena Uranium, of some 260,000 pounds of U3O8 that over $70 a pound for the radioactive metal.

Dustin Garrow, president of ZB Marketing, facilitated the auction that

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

ed to the record price. "I think the next deal we'll see $75 a pound," Mr. Garrow said an interview. He declined to identify the buyer, but said it was made by a "non-utility, non-u

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

ranium producer." He has conducted eleven auctions this year for Mestena, selling roughly one million pounds of uranium.

Meanwhile, the widely-respected Australian based research o

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

rganization Resource Capital Research, which specializes primarily in the uranium sector among other minerals resources, has predicted spot uranium oxide prices rising to $115 a pou

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

d during 2007.

According to RCR's latest quarterly review of the market, analyst John Wilson states:

Forward indicators suggest the uranium price is heading to $90/lb by mid 2007,

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

an increase of 37% from the current spot price [of $65 an ounce when the report was written]; and $115/lb by September 2008, an increase of 75% over the current spot price. These p

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

rice levels are revised up from our September uranium quarterly which indicated a uranium price of $60/lb (+ 50%) May 2007 and $88/lb (+31%) by late 2008. The upward revisions are l

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

argely driven by the expected impact to the uranium market of delays at the Cigar Lake project in Canada.

RCR's predictions would be great for our uranium plays, but we think they'

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

e just a bit overzealous. While a break over the $100 in 2007 is possible, I believe prices won't be able reach those levels until at least early 2008.

Either way, the outlook for

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

uranium is the same: BULLISH!!

Fact is, I'm on the record saying that if prices keep increasing like they have over the past 12 months, I expect uranium to top $125 a pound by 2010

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

.

You read that right . . . Uranium prices could almost double in a few short years.

So how can you leverage higher uranium prices?

Well, you can't buy futures on the metal. But

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

ou can invest in the companies that explore for and produce the uranium. Personally, I like the upside of mid- to small-cap explorers right now . . . Especially those trading on the

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

TSX Venture Exchange.

I recommend looking for junior mining firms with savvy management, a proven track record and a decent land package in a geopolitically safe country. These fi

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

rms should also have mid- to advanced-stage properties. Historic production and drill results are always a plus. I expect firms like these do to very well over the next 3 to 5 years

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.answers.org.ua/article/102218/answers-Uranium-to-Top-125lb-by-2010.html">Uranium to Top $125/lb by 2010</a>

BB link (for phorums):
[url=http://www.answers.org.ua/article/102218/answers-Uranium-to-Top-125lb-by-2010.html]Uranium to Top $125/lb by 2010[/url]

Spiral Binders are known for durability. They are most widely used in blank notebooks. Spiral notebooks prove to be quite handy when you need to take quick notes. Spiral Binders are basic constructions of loose-leaf paper bound by a spring-like wire that runs through the holes along the sides of the pages. These wires could be made of either plastic or metal.

Like I mentioned earlier, offline business is how far word of mouth can take you. That can mean through your personal network or through advertising (TV, radio, mass media). But let's assume you're a person who doesn’t want to invest so much in advertising through the mass media (it's quite costly anyway) and want to create your own personal network. And let's also assume that you want to create a huge business to bring in more money.

To run a profitable internet based retail/resale/auction business, you already know what you need to do – buy low and sell for a profit. This series of articles will provide you with a basic overview of incorporation and its benefits for your small business, as well as some resources to begin the process. This will help you take your selling one step further to make your business more profitable WITHOUT HAVING TO SELL A SINGLE ADDITIONAL ITEM!

Tags

Links

Answers - Uranium to Top $125/lb by 2010

Related Articles: