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  • Answer Upon - Wyoming Governor to Uranium Miners: Bring Us Your Projects!

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    ium mining is frowned upon, or banned, Wyoming welcomes the industry with open arms. “We’ve always sort of been comfortable with the uranium industry,” Freudenthal told StockInterview.com. “The uranium in
    Will the Stock Market be Lower in October?
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    Wyoming Governor Dave Freudenthal really likes the current uranium bull market, “I hope the price of yellowcake stays up, and things get moving.” Yes, the Wyoming democratic governor strongly endorses uranium mining in his state. That would make sense because Wyoming is the largest U.S. uranium producer. More than 40 percent of the uranium reserves in the United States are located in Wyoming, according to the reserves and resource estimate published by the U.S. Energy Information Administration (EIA). Since hitting a bottom in late December 2000, the spot price of uranium has soared by more than 500 percent, reaching a high of $38.50/pound at the end of February. The last time uranium traded this high, President Ronald Reagan was into the second month of his first term.

    Unlike some states, where uranium mining is frowned upon, or banned, Wyoming welcomes the industry with open arms. “We’ve always sort of been comfortable with the uranium industry,” Freudenthal told StockInterview.com. “The uranium ind

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    nium mining in his state. That would make sense because Wyoming is the largest U.S. uranium producer. More than 40 percent of the uranium reserves in the United States are located in Wyoming, according to the reserves and resource estimate published by the U.S. Energy Information Administration (EIA). Since hitting a bottom in late December 2000, the spot price of uranium has soared by more than 500 percent, reaching a high of $38.50/pound at the end of February. The last time uranium traded this high, President Ronald Reagan was into the second month of his first term.

    Unlike some states, where uranium mining is frowned upon, or banned, Wyoming welcomes the industry with open arms. “We’ve always sort of been comfortable with the uranium industry,” Freudenthal told StockInterview.com. “The uranium in

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    the reserves and resource estimate published by the U.S. Energy Information Administration (EIA). Since hitting a bottom in late December 2000, the spot price of uranium has soared by more than 500 percent, reaching a high of $38.50/pound at the end of February. The last time uranium traded this high, President Ronald Reagan was into the second month of his first term.

    Unlike some states, where uranium mining is frowned upon, or banned, Wyoming welcomes the industry with open arms. “We’ve always sort of been comfortable with the uranium industry,” Freudenthal told StockInterview.com. “The uranium in

    President Torrijos Launched Plan to Modernize the Panama Canal
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    t, reaching a high of $38.50/pound at the end of February. The last time uranium traded this high, President Ronald Reagan was into the second month of his first term.

    Unlike some states, where uranium mining is frowned upon, or banned, Wyoming welcomes the industry with open arms. “We’ve always sort of been comfortable with the uranium industry,” Freudenthal told StockInterview.com. “The uranium in

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    ium mining is frowned upon, or banned, Wyoming welcomes the industry with open arms. “We’ve always sort of been comfortable with the uranium industry,” Freudenthal told StockInterview.com. “The uranium industry is part of our history. It’s not something that is frightening or alarming to us.” Freudenthal clearly sees nuclear energy as a potential solution for the energy crisis, “I don’t think anybody has any reservations that we need to have greater domestic capability in energy. I think, in the circles that worry about those equations, there is clearly a role for nuclear power.”

    Freudenthal urged the capital markets to act on the energy crisis by turning to Wyoming and mining the abundant supply of uranium, “There’s got to be some clear signals to the capital markets that investment in this area will ultimately be rewarded. We certainly have the resource.” Since June 2004, publicly traded junior uranium companies and speculators have created a staking frenzy in the state. Wyoming’s Office of State La

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