Hedge funds eyeing uranium market

Date: Wednesday, January 12, 2005

From The GlobeandMail.com: For the first time analysts and brokers can recall, hedge fund managers are dipping a toe in the uranium market, buying the nuclear fuel in the same way they would purchase other commodities such as copper, oil or soybeans. And just as it has in other markets, increased hedge fund activity in the uranium sector could lead to increased volatility and higher prices for the metal, market watchers say. (for the full article see today's Globe & Mail)