tech/a
No Ordinary Duck
- Joined
- 14 October 2004
- Posts
- 20,400
- Reactions
- 6,317
Yippyio said:FYI - Dines letter.
An interesting read.
“Panic-driven price spike in uranium stocks ahead!”
It’s mind-boggling. We’re in a uranium shortage so huge that half the world’s 441 nuclear power plants might go dark. Yet 80 new plants are in construction or planning””mostly in Asia.
If you think the fight between China and the West for the world’s oil is big, this will be more like a nuclear bomb. And it’s fueling an historic uranium stock-price explosion that will dwarf oil’s surge.
Uranium-mining stocks are just beginning to rise. It’s still early, before they reach historic highs.
Uranium is worth another look: It’s a raging bull that’s only just begun its stampede!
Aussie listed Stocks ready to take advantage of this Bull run are;
BHP, EME, PDN, SMM any others ???
If the quote of such a severe shortage is correct then the price increase is not about panic but about supply.
The supply spike is likely to be sustained.
There has been some discussion about waste dumping and charging huge fees in Australia as no one wants the problem.This could be a huge economic boost to some country.
Now before all you Greenies scream blue murder---here is a suggestion.
50% of the profit goes into research into re cycling the waste into a further energy scource---so we get it no one wants it and pays big $$$ for us to "dispose of the problem" then we find out how to re cycle it and again WE HAVE IT as no one else wanted it and we can sell it at big $$s again to "Slove a big supply problem".
What do you think?
Joe/Rich can you put this in a thread of its own called "Uranium problems--supply and disposal"
Keeping this thread on topic---sorry.