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Gold/Mining/Energy : Uranium Stocks
URNM 56.58+0.1%Dec 24 4:00 PM EST
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To: TheSlowLane who wrote (5415)12/27/2006 9:13:13 AM
From: Tommaso  Read Replies (1) of 30237
 
>>>>1. Nuclear power plants must have uranium as fuel. There are no substitutes, so if they do not have uranium, their hugely expensive plant and equipment sit idle.<<<

That's not strictly true. India may use thorium, and breeder reactors may come back into fashion. Furthermore, the United states may at some point authorize reprocessing of nuclear fuel, and this will ease shortages greatly.

Hard to see anything wrong with the rest of the argument, but airtight arguments have a way of developing unexpected leaks.
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