Rapidly rising demand
Demand for vanadium is expected to grow at a compound annual rate of 7.8% through to 2015, fuelled by continuing strong world demand and tightening global supply. There are several factors that will continue to influence the demand for vanadium including:
- China, which currently consumes almost 40% of world steel production, is increasing its demand for steel that contains vanadium
- India’s steel production will almost double from 65 million tonnes to 124 million tonnes a year by 2011
- World markets estimate total global infrastructure spending over the next 20 years will reach $35-trillion – with many of those projects requiring vanadium
Prediction - Compared it its peers (nuclear explorers) like URG and URRE, CXZ has as smaller float with high chances of crossing $4 soon. It even has the potential to hit $10 long term (provided there are no secondary offerings down the line)
Disclosure - Long SHZ, URG, and CXZ
A general Caution and Advise --As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!