Iranian Buying Unlikely Culprit For Uranium Stock Rise
Is Iran buying large quantities of uranium ore or yellowcake? It is true that Iran has an extensive uranium enrichment program. It is true that Iran is making progress in its nuclear program. It is also true that Iran in the past has claimed that it was forced to resort to secrecy after U.S. pressure resulted in several of its nuclear contracts with foreign governments being terminated. Yellowcake is a form of uranium concentrate obtained from leach solutions as an intermediate step in the processing of uranium ore. Sources indicate that aggressive buying in uranium stocks is occurring in