NYBob, I appreciate your DD. Thanks for bringing it to the table, amidst the BS about Berman. I still think and hope that RB had the best of intentions with what he did. GO RSDS!!!!!
Following modest average growth of around 1%py through the 1990s, world vanadium consumption has risen significantly since 2002, reflecting both higher world steel production and higher unit vanadium consumption as the share of high-strength steels in total steel output rises -
Despite the set-back resulting from high prices in 2005, world demand for vanadium rose by 7.5%py from 79,800t V2O5 equivalent in 2003 to a peak level - of 98,900t in 2006 -
Spring 2005 saw vanadium prices rise to all-time record levels -
Strong demand from the steel industry in 2004, especially in China and the USA, depletion of large vanadium pentoxide stockpiles and speculative activity, all pushed prices of vanadium pentoxide up to US$27/lb in March 2005, while those of ferrovanadium peaked at US$126/kg - in April 2005.
Prices at these elevated levels were unsustainable?
Vanadium supply increased in 2005, while high prices led to some substitution of ferro-vanadium by ferro-niobium in special steels.
The vanadium market remained broadly in balance during 2006, with world steel production continuing to rise, while there was little further substitution by ferro-niobium.
World vanadium demand is estimated to have risen by over 8% in 2006 -
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.
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