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Re: Tuff-Stuff post# 1035

Thursday, 03/29/2007 6:22:41 PM

Thursday, March 29, 2007 6:22:41 PM

Post# of 2015
stuffit,

It wouldn't hurt others to look at the outline of the GAO report. It's good to know the energy terrain under Peak Oil and intuitively why it is wise to invest in uranium.

My prior post to you was related by word to me and then I found an article to substantiate his opinion. Now I'm not so scared of the uranium price crashing, as [1] "The cost of uranium makes up a very small portion of the cost of electricity from a nuclear power plant" and [2] "utilities have to secure their fuel supply for up to six years out."

While my uranium position is still rather small, it has doubled in the last month.

My thanks to all who have provided their DD.

sumisu



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