THE SHAW GROUP (SHAW)

[kmx_swing]

nuclear as an investment? I am having under attention (never bought a single stock of it till now) this one:

In 1992 Thorium Power was formed to develop and deploy nuclear fuel designs developed by Dr. Alvin Radkowsky, which would not produce weapons suitable plutonium in nuclear waste. Dr. Alvin Radkowsky, one of the most respected nuclear engineers of all time, initiated and supervised more nuclear fuel core designs that were implemented and successfully operated than any other nuclear engineer in the history of the industry. To help carry out this mission, Thorium Power went to Russia in 1994 to collaborate with nuclear scientists and engineers at the prestigious "Kurchatov Institute" research center. Since the original invention by Dr. Radkowsky, the technology initially underwent extensive scientific development and evaluation, and has now for over four years-been in the engineering development phase, including technology scale-up in a live research reactor. The company is now focused on advanced testing and commercialization of the technology.

In April 2007, the company announced a strategic alliance with Red Star, a Russian government-owned entity and one of the premier nuclear design bureaus in the world, whereby Thorium Power's fuel designs will undergo additional testing and scale-up with the goal of moving toward deployment within full-sized commercial reactors. Thorium Power's development and testing has followed standard industry protocols and embarking on this next phase will accelerate activities leading to the demonstration of Thorium Power's fuel technology in lead-test assemblies for use in a full-size commercial reactor - the last technology development phase before commercial deployment into multiple power plants.

http://www.thoriumpower.com/
THPW

related article
http://www.technologyreview.com/Energy/19758/?a=f