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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?


To: siempre33 who wrote (5560)12/28/2006 7:00:37 PM
From: The Vet  Read Replies (2) | Respond to of 30237
 
Aussie Uraniums still tearing along today!
ERA, $21.18 up $1
UNX, $1.80 up 17.5 cents
SMM, $3.00 up 25 cents

etc.

The traditional political opposition to Uranium in Australia is quickly turning to support as the global warming issue has become the bigger political issue and nuclear power offered up as the potential saviour...

Of course while we all agree that CO2 in the atmosphere is increasing, there isn't any evidence to show that increasing CO2 more will actually increase temperatures on earth. There is good evidence that the CO2 warming effect is already tapped out, and increasing concentrations now have about as much effect as increasing the thickness of the glass on a conventional greenhouse - none!

I'm not saying that there is no warming in the present period; it's just that increasing CO2 probably isn't the cause, but we will all be dead before that fact is proven and accepted.

But politics doesn't need science or logic, just a good story to spin, and the spin always wins, so Uranium still has a long way to go IMO. I am still long U...... not selling anything yet until we hit the real mania stage!