Hearing it could see 1$ plus....They could get a contract of 250 million dollar.....
According to a recent report in EnergyWashington Week, Utah Senator Orrin Hatch “is drafting legislation to ease concerns about nuclear waste by requiring DOE to develop standards for nuclear reactors to use thorium fuel rather than uranium.” A measure known as the “Thorium Energy Independence and Security Act of 2007” is expected to be offered for consideration during upcoming negotiations on a final energy bill, the report said. Hatch is believed to seeking an appropriation of some $250 million over the next five years to get DOE and NRC started on thorium fuel development and licensing, said Charles. He said Thorium Power had “been in touch with the senator.” http://investorshub.advfn.com/boards/read_msg.asp?message_id=24984830