Mar 15 Uranium Stocks Update: sxr Uranium One (TSE:SXR)

The uranium landscape will be significantly altered once the deal between Australia and China is ratified to allow uranium exports. Companies with uranium exposure like BHP Billiton have benefited from the speculation that Australia will give its blessing to ship yellowcake to China. Once again, keep an eye out on sxr Uranium One, as they could only benefit from a successful deal, what with their fully permitted Honeymoon uranium project still under deliberation. Their stock has just broken the $8.00Cdn level again, and a deal ratification could be grounds for successful consolidation above that level. Paladin, another Australian company, could be impacted as well.