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By Richard Fernandez

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September 21, 2009 - 11:42 am - by Richard Fernandez
Whitehall
2009-09-22 09:41:02

If Obama really pushes the nuclear reductions, one should sell short any uranium mining stocks. The “Megatons to Megawatts” program will continue to have ample feedstocks of highly enriched uranium and plutonium to feed our power reactors.

Many mines increased production capacity recently with the the run-up in yellowcake prices on the very thin spot market.