In the old viking countries no house can be sold -
Ex.
before the radon amount been measured inside the house -
the level of radon has to be written into the sales
contracts -
if its to high radon level;
to high level of radon and the house become a 666house -
the house has to be removed - often bulldozed -
Uranium to Head North of $500/Pound -
Posted by securities:
Uranium to Head North of $500/Pound?
By James Finch
Legendary stock picker James Dines -
recently compared uranium stocks to the high-flying net stocks
of the halcyon days of the Internet expansion era.
While the much-hyped and fleeting Y2K crisis never
materialized, the U.S. energy crisis for highly sought
uranium has been developing for more than twenty years.
Still early in the current bullish uranium cycle,
investors are scoring triple-digit returns on what
some are calling a renaissance in nuclear energy.
Just as investors caught the curve of a new paradigm in communications and commerce with Internet stocks, many early birds have already begun investing in the nuclear energy story. The nuclear story pitch is simple: How do you accommodate a massive rush for electrical power demand while faced with the dire threat of carbon dioxide emissions and its direct impact on global warming? The growing consensus is that fission-based nuclear power may become the significant stop-gap energy alternative for this century and possibly until reliable technologies can effectively provide the means for renewable-sourced energy.
Nearly 2 billion people across the planet have no electricity. The World Nuclear Association (WNA) believes nuclear energy could reduce the fossil fuel burden of generating the new demand for electricity. The WNA forecasts a 40-percent jump in worldwide electricity demand over the next five years. The world's most populated countries, China and India, are in the process of creating the largest energy-consuming class in the history of earth. Both plan aggressive nuclear energy expansion programs. Dozens of lesser developed countries, from Turkey and Indonesia to Vietnam and Venezuela, have announced their eagerness to pursue a civilian nuclear policy to benefit power needs for their burgeoning middle classes.
In a nutshell, global utilities are going to need uranium to help feed the increasing number of nuclear power plants proposed over the next twenty years. Herein lays the crisis: the world has been living off rapidly dwindling inventories since the last uranium up cycle. Uranium is now in shorter available supply for civilian energy use than ever before. Over the next decade, as demand continues to outstrip supply, analysts are predicting utilities will snap up known uranium inventories sending spot uranium prices to record highs. During this launch phase, investors have taken notice, chasing up the stock prices of many uranium producers and exploration companies.
----
RE: What should this stock be trading at now?
Wednesday May 2, 6:00 am ET:
“...The company plans to begin mining operations, with estimated reserves of up to 1,000 tons of Uranium, in May....said Russell Industries President and CEO Mr. Rick Berman."
biz.yahoo.com
Based on the current O/S of 1,797,025,996 x .0013 (close on Friday, 6/01/07) gives us:
$2,336,133.79 Market Cap of RSDS (current)
Let's take that 1000 tons estimated and cut it in half to 500 tons
500 x 2000 (lbs in a ton) = 1,000,000 lbs of Uranium (conservative est. remember)
1,000,000 lbs of Uranium x 130/lb current spot price = $130,000,000
as in 130 Million Dollars of Uranium in the ground.
Now it does cost anywhere from $8 to $30 a lb to get the Uranium out of the ground depending on the method needed. Let's use a $25/pound recovery cost (on the high end) to be conservative.
That leaves a gross profit of $105/lb for the Uranium (Remember these are conservative estimates)
1,000,000 lbs of Uranium x $105/lb = $105,000,000.00 = Dollar Value of Recovered Uranium
$105,000,000.00 (Value of extracted Uranium) / 1,797,025,996 O/S = .058 or 5.8 cents/share
5.8 cents a share at current Uranium spot prices which are going up every week! Now according to the pr's, the company owns a share of these mines (I don't know what percent or other arrangement) so keep that in mind. But even a 40% stake would be over .02 share value and potentially much, much higher dependent on exact findings.
IMO in simple terms this company has a current fundamental value of .02 on the low end to .10 on the high end per share
by 'Vagabond
Uranium Prices May Reach Unbelievable Highs
The true market value is much higher for RSDS -
RSDS - prime old uranium mines properties -
need to be mined -
we need to take out the uranium and make all
the US land safe -
any people on top of the nucleus areas -
living there for long time -
may gets the radon and often 666cancer -
crustaceans -
The White Mesa Uranium Mill -
removes what makes the crustaceans -
makes its safer for all -
tinyurl.com
the polo-ticz leaders put in more and more
nuke nucleus plants? -
we need feed them with uranium -
as long as they are up running -
Imo. Tia.
investorshub.com
888c.com
God Bless
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