OMINOUS WORDS: "If we don't curtail our own oil consumption, the planet will do it for us ... A crude shock lurks nearby." - - Jim Dines, The Dines Letter.
On that note, Dines, the self-described original uranium bull, recently cranked up his target for the uranium price to $70 to $100 US per pound based on the belief that the global shift toward nuclear energy will ramp up demand for yellowcake.
If you think the San Francisco-based Dines is off his rocker with that bold prediction, consider how many investors questioned his sanity six years ago when he told subscribers that uranium would hit $50 when it was worth only $8. Uranium busted through that $50 target in August.
Dines isn't pounding the table on uranium stocks. He's dancing on it. As of early September, 20 of Dines's 32 buy recommendations to subscribers were junior uranium plays. (Sept. 29, 2006)
On that note, Dines, the self-described original uranium bull, recently cranked up his target for the uranium price to $70 to $100 US per pound based on the belief that the global shift toward nuclear energy will ramp up demand for yellowcake.
If you think the San Francisco-based Dines is off his rocker with that bold prediction, consider how many investors questioned his sanity six years ago when he told subscribers that uranium would hit $50 when it was worth only $8. Uranium busted through that $50 target in August.
Dines isn't pounding the table on uranium stocks. He's dancing on it. As of early September, 20 of Dines's 32 buy recommendations to subscribers were junior uranium plays. (Sept. 29, 2006)
