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Thursday, August 23, 2007 10:02:54 PM
And just as uranium's momentum seemed to peak . . . .
Last October, disaster struck at one of the world's -
largest uranium mines--Cameco's Cigar Lake project -
The underground uranium mine was completely flooded . . .
and Cameco was forced to cease all production -
This mine had been expected to supply 17% of the world's - uranium demand.
While Cameco hopes to resume production at Cigar Lake again -
in 2010, the outlook is grim -
They're having a serious problem repairing the damage -
and may have lost the mine completely -
Fact is, uranium production today is so tight -
it can only satisfy 60% of global demand ---->>
with no relief in sight -
This shortage has propelled uranium prices to $105/lb . . . .
jumping 575% in just two years -
In the wake of "yellowcake" uranium's dramatic rise -
a multitude of uranium companies were started -
But most of these companies don't even plan -
to bring their mines into production . . . .
and are doomed to fail -
ex. without mill close to the mines . . . .
Yet here's the rub for investors . . . a few small -
uranium companies are on their way to -
LT triple-digit gains . . . .
----
Fyi.
One pound of uranium yields as much energy -
as three million pounds of coal -
There are 440 commercial nuclear power reactors -
operating in 31 countries -
56 countries operate more than 280 research reactors -
Over 200 are used for naval propulsion -
They supply 16% of the world's electricity -
as base-load power, and their efficiency -
is increasing -
----
RSDS - uranium & vanadium old mines -
undervalued - oversold ? -
RSDS with a maket capitalization value of -
$0.0006 x 4,297,825,994 = appr. fiatz $2.6 million
in market capitalization value -
RSDS market cap. value -
$0.0004 x 4.3bil. = appr. fiatz$1.72 mil. -
RSDS basherz please, try hard to find me another uranium and
vanadium comp. with old mines within trucking
distance to the only mill in US -
RSDS - for a better strategic bottom fishing bargain -
with a maket cap. value of
$0.0003 x 4,297,825,994 = appr. fiatz $1.3 million
in market capitalization value -
bargain - please try to show any other stock -
with more value -
for a lower price? -
RSDS is low priced compared to what the real values of -
the uranium, vanadium, oil and gas etc.
fwiw -
make sure to do your own dd....
dd....RSDS Website under construction:
http://www.ru308.com
Btw.
Note....
it doesn't matter how good progress a company performing -
it will always in all countries be -
666 bolshevikz making -
rare communistic demands and negativity -
all since stalin, trotsky, lenin, marxist anti-Christian time....
Imo. Tia.
God Bless
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