URANIUM 1.02% $24.70 uranium futures

is uranium down for the count?, page-2

  1. 99 Posts.
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    yeh just read this article before and thought it was very well written. Especially liked this part:

    "What nearly all media reports left out concerning this topic is that Germany has done this before. In 2000, a different German government made the same announcement. The lost generating capacity was to be made up from new alternative (clean) energy sources. The country then embarked on what was arguably the world?s most ambitious alternative energy drive to date, plunging into wind and solar energy projects and supporting them with generous subsidies.

    Years later, the result was that all of this effort had generated only enough additional energy to take the equivalent of a single nuclear generating plant off-line. This presumably brought the current German government to the realization that the they couldn?t afford to lose their nuclear plants unless they wanted to build dozens of (relatively dirty and backward-looking) coal-fired generating plants. So the Germans reversed their stance on nuclear energy several years ago, only to reinstate the nuclear ban after the Fukushima disaster as political rivals (the Greens, of course,) gained in regional elections held soon after the Fukushima disaster."

    nuclear energy is not goin to suddenly disappear, mainly due to the big capital costs of existing plants and also carbon taxes coming in, so in my opinion this current downtrend is just an excellent opportunity to get set at close to bottom prices on the best uranium opportunities.

    my 2 favourites at the moment are DYL and ACB because i believe these 2 are the best positioned for a takeover offer
 
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