Uranium Investing: The Chinese Are Coming

The past few months have been very hard on the uranium mining industry's equity investors. <!--more--> Many uranium companies' shares are trading near 52-week lows after a handful of problems have crept up for many in the industry. Now that the market seems to have priced in the mining problems at a handful of companies, the fact that many drill results are going to take longer than expected to be examined, and the fact that some companies' treasuries were struck by the sub-prime CDOs which have ravaged many balance sheets, it appears that a bottom may have been reached.

The low prices set by the uranium equities lately have attracted the attention of a few prospective buyers. It seems that the Chinese have finally arrived to the market- as some have expected for years now - much as the French did during the American Revolution. That was a pivotal moment during