CORRECTION +

The price of lead just advanced to over two dollars per pound while copper just went flat. I think copper would be higher, but Indonesia announced this morning the resumption of exports after reaching an agreement with Freeport.

Meanwhile the price of uranium has been essentially flat for several weeks. I haven't seen such a sustained period of essentially flat prices in more than a decade. This, along with higher metals prices elsewhere, suggests the worst is over for uranium and prices may beging to climb higher soon.

VP