We're on the verge of the world's last energy bull market -
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:
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.